The Fourth Industrial Revolution is a challenge, but also an opportunity for the region to create jobs and deepen its hard-won prosperity.
Blog posts on "structural transformation"
Cambodia needs careful advance planning to ensure sustainable growth as it transitions to a middle-income economy.
With the right policies in place, structural transformation can boost productivity growth.
A recent ADB study suggests that some of the success of Bangladesh's ready-made garment sector over the past 25 years is unlikely to provide the same type of benefits to the economy going forward.
Recent empirical analysis of the nexus between productivity growth and wage inequality in several Asian economies provides new, policy-relevant evidence.