Nation Thailand·4 min read

World Bank sets three priorities to drive ASEAN productivity

J
Jarupong Krisanaraj
World Bank sets three priorities to drive ASEAN productivity
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WEDNESDAY, SEPTEMBER 23, 2026 | Jarupong Krisanaraj สลับเป็นเสียงผู้ชาย Play Loading... World Bank official Stephen N. Ndegwa sets out three priorities to help ASEAN raise productivity, generate higher-value growth and deepen regional integration. The World Bank has outlined three priorities for ASEAN to transition from an investment-led growth model to one driven by productivity: upgrading, building dynamism, and regional integration. 'Upgrading' involves moving into higher-value activities by opening services sectors and ensuring foreign investment leads to greater technology and skills transfer for domestic businesses. 'Building dynamism' aims to create a more competitive environment where a broader range of firms can innovate and grow, spreading high productivity beyond a small group of leading companies. The third priority is deeper 'regional integration' through closer cooperation on standards, digital trade, and skills to better utilise the scale of the 700 million-person regional market.

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