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About the book
The unprecedented progress of East Asia Pacific is a triumph of working people. Countries that were low-income a generation ago successfully integrated into the global value chain, exploiting their labour-cost advantage. In 1990, the region held about one-third of the world's labour force. Leveraging this comparative advantage, the share of global GDP of emerging economies in East Asia Pacific grew from 7 percent in 1992 to 17 percent in 2011. Yet the region now finds itself at a critical junctu...Show more
Book details
ISBN
9781464800047
Publisher
World Bank Publications
Published year
2014
Language
Edition
1
Original title
East Asia Pacific at work
Format
Paperback
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