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Services Unbound: Digital Technologies and Policy Reform in East Asia and Pacific

Services Unbound: Digital Technologies and Policy Reform in East Asia and Pacific

Paperback

Business GeneralEconomics

ISBN10: 1464820821
ISBN13: 9781464820823
Publisher: World Bank Publications
Published: Dec 9 2024
Pages: 172
Weight: 0.97
Height: 0.50 Width: 6.90 Depth: 9.90
Language: English
Services are a new force for innovation, trade, and growth in East Asia and Pacific. The dramatic diffusion of digital technologies and partial policy reforms in services--from finance, communication, and transport to retail, health, and education--is transforming these economies. The result is higher productivity and changing jobs in the services sector, as well as in the manufacturing sectors that use these services. A region that has thrived through openness to trade and investment in manufacturing still maintains innovation-inhibiting barriers to entry and competition in key services sectors. 'Services Unbound: Digital Technologies and Policy Reform in East Asia and Pacific' makes the case for deeper domestic reforms and greater international cooperation to unleash a virtuous cycle of increased economic opportunity and enhanced human capacity that would power development in the region.

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