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Office of the Chief Economist, East Asia and Pacific

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Services unbound out now
Services Unbound: Digital Technologies and Policy Reform in East Asia and the Pacific
The dramatic diffusion of digital technologies and partial policy reforms in services are transforming East Asian economies. The result is higher productivity and changing jobs in the services sector, as well as in the manufacturing sectors that use these services. However, a region that has thrived through openness to trade and investment in manufacturing still maintains innovation-inhibiting barriers to entry and competition in key services sectors. Deeper domestic reforms and greater international cooperation could unleash a virtuous cycle of increased economic opportunity and enhanced human capacity that would power development in the region. Read More ?
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The Office of the Chief Economist conducts economic analysis and provides guidance on strategic economic priorities in the East Asia and Pacific Region (EAP). This mission is accomplished through a wide-ranging analytical program that takes on new, topical and controversial issues, provides region-wide and cross-sectoral analysis, and addresses the policy priorities of EAP’s fast-growing and diverse economies. The Office also serves as the principal spokesperson inside and outside the Bank on economic issues facing the region.

Reports

East Asia Pacific Economic Update Report Cover

Research

Research pile

blogging
EAP CHIEF ECONOMIST EVENTS
  • Cover image man in helmet economic update

    Global Launch: Jobs and Technology - EAP Economic Update, October 2024

    This event and the report presented the new Economic Update Report. The region continues to grow relatively fast, and the benefits are widely shared. But the region also faces challenges.
  • AI event webpage image

    Conference: Jobs in the Age of AI

    How will AI transform the job market? What new skills will workers need? What should be the role for regulation? This event brought together industry leaders, researchers, and policymakers to delve into these questions.
  • EAP Update Cover

    Global Launch: Firm Foundations of Growth - EAP Economic Update, April 2024

    This event presented the economic outlook of the region and the importance of firms and productivity for sustained long-term growth.
  • Image How Is AI Transforming Firms Event

    Conference: How is Artificial Intelligence Transforming Firms?

    How is AI being used by firms? What is the impact? What are the impediments to the use of AI? This second conference in our AI in Action Series addressed these questions and more, featuring experts from industry, academia and policy institutions.

  • This event presented the new Economic Update Report. Most economies in developing EAP are continuing to grow, albeit at a slower pace. Digital technologies and policy reforms in the services sector are posed to create opportunities.
  • Fixing the Foundation Report Cover Image

    Global Launch: Fixing the Foundation

    This event presented the new flagship report on basic education in the East Asia and Pacific Region. Empowering teachers, through a combination of training and technology, is key to strengthening basic learning outcomes.
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