Industrialization challenges in the digital age
Left unaddressed, power asymmetries in the world economy can negatively impact industrialization in the Global South.
Left unaddressed, power asymmetries in the world economy can negatively impact industrialization in the Global South.
Effective place-based policies need to deliver desired spatial economic cohesion while minimizing resource waste and secondary distortions.
While public interventions are crucial, global transformation requires the deep engagement and alignment of the private sector.
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.
The pandemic is causing massive disruptions to flows of foreign direct investments. Developing countries are likely to be hit the hardest.