
📱 Trade to Technology
Published by OOPSONLINE.IN · Source: Devdiscourse · 1 min read · · Updated
What actually happened
World Bank research finds that ASEAN economies can achieve far greater income gains by combining lower trade costs with stronger productivity, technology, skills and domestic business capabilities. For governments, development partners and businesses, the priority is “qualified openness”—better logistics, customs and certification alongside investment in productive firms, skilled workers and higher-value industries.
Key points
- World Bank research finds that ASEAN economies can achieve far greater income gains by combining lower trade costs with stronger productivity, technology, skills and domestic business capabilities.
- For governments, development partners and businesses, the priority is “qualified openness”—better logistics, customs and certification alongside investment in productive firms, skilled workers and higher-value industries.
Summary based on data provided by Devdiscourse. Full article available at the original publisher.
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- #trade
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