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Southeast Asia has enjoyed remarkable economic progress in recent years. Viewed as a single entity, the region would rank as the seventh-largest economy in the world. But much of its recent growth has been generated by an expanding labor force and the shift of workers from agriculture to manufacturing. These factors will eventually fade, which creates new urgency for confronting the region’s low levels of productivity. To sustain economic growth, many member states will need to more than double their historic rates of productivity improvement.
Keywords: APAC, Economy, Market, Productivity, GDP, Opportunity, Urban, Growth
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