Asia’s Industrial Transformation: The Role of Manufacturing and Global Value Chains (Part 2) | Asian Development Bank

Asia’s Industrial Transformation: The Role of Manufacturing and Global Value Chains (Part 2)

Publication | July 2018
Asia’s Industrial Transformation: The Role of Manufacturing and Global Value Chains (Part 2)

Growth rates approaching 10% per annum in East Asia required active governments that directed and consciously accelerated industrial development through the use of industrial policies.

The design and implementation of these policies was not, however, equally successful everywhere. This second paper also discusses upgrading in the manufacturing sector and the role of global value chains in Asia.

Contents 

  • Asia's Latecomers: The Role of Developmental States Facilitating and Promoting Learning, Assimilation, and Upgrading in Manufacturing
  • Upgrading, Capabilities, and the Role of Global Value Chains
    • Capabilities and Economic Development
    • Global Value Chains
  • Appendix: Industrial Policies across Asia