Reigniting Productivity: A New Growth Model for the Asia-Pacific

2026

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AI-generated summary

1) The Asia-Pacific region must shift from a scale-based, China-centric growth model to a capability-driven one, leveraging services, investment, and technology to reignite productivity and ensure future economic growth.

2) * Explores the limitations of the current scale-based growth model and identifies services imports and technological adoption as key drivers of productivity.
* Analyzes the challenges faced by SMEs and proposes reforms to reduce regulatory burdens and improve access to digital tools and business services.
* Offers actionable recommendations for governments to re-anchor openness, mobilize capital for technology adoption, reduce regulatory uncertainty, and unlock SME scaling.

3) Asia-Pacific, productivity, growth model, SMEs, technology adoption

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