A new location- and sector-focused approach to drive structural transformation.

Why revisiting traditional frames of reference on firm-level capabilities is crucial to unlock benefits of digital transformation.

Integration of manufacturing firms in global value chains offers opportunities for countries to raise employment, exports and productivity.

The pandemic-induced crisis will have severe impacts on household incomes and industries in the region and requires swift policy actions. 

Automation and reshoring mitigate risks. Industrial policies aiming to reduce dependence on global supply chains could accelerate the trend.