Faithin Omaha eBook Collection

Download or read book ASEAN and Global Value Chains: Locking in Resilience and Sustainability written by Asian Development Bank and published by Asian Development Bank. This book was released on 2023-03-01 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzing how the role of ASEAN economies in global value chains has helped spur their recovery and cut poverty, this publication shows the need to future-proof these critical networks to ensure inclusive, sustainable, and greener growth. It explains how the expansion of cross-border trade networks has helped Southeast Asian economies bolster manufacturing and spark a wave of job creation and innovation. On the flipside, it considers the associated environmental impact and social inequality. Highlighting systemic shocks to global trade, it explains how economic momentum, stronger institutions, and more inclusive growth can help mitigate risks and build resilient economies.