The 2021 edition of the APO Productivity Databook aims at helping member governments devise timely policy responses to make economies more robust, maintain growth trajectories, and recover quickly from pandemic-related disruptions. It focuses on the quality of economic growth and productivity gains with comparisons among Asia-Pacific countries at different development stages. The analyses are based on comprehensive productivity accounts for 25 Asian economies with the USA as a reference. In addition, regional productivity accounts are developed for six economic groups. The COVID-19 pandemic and its effects are discussed in detail.
The 2020 edition of the APO Productivity Databook aims to assist policymakers in member countries in navigating the current volatile climate while achieving sustainable growth. Recent productivity and economic performance data are analyzed, including damage inflicted by the COVID-19 pandemic on Asia-Pacific economies in the first and second quarters of the year. For the third year, the publication updates forecasts of economic growth and labor productivity in the region through 2030. Productivity indicators provided in national and regional profiles are expanded for more comprehensive comparisons with reference economies, and a growth accounting framework for new APO member Turkey is included.
Innovative elements of the APO Productivity Databook 2019 include 20 country and five regional profiles, plus improved total factor productivity estimates considering land capital and labor quality changes. Productivity measurements based on official data enable meaningful comparisons of economic growth and support evidence-based policy formulation. Projections of economic growth and labor productivity in the Asia-Pacific through 2030 are included to assist in updating target levels. The newest databook details the diverse stages and pace of socioeconomic development of APO members as well as reference economies.
Projections of economic growth and labor quality changes in member countries up to 2030 are new features of the 2018 APO Productivity Databook, with expanded total factor productivity estimates and city productivity coverage, taking the effects of the smart digital revolution into account. Detailed analyses of productivity and economic performance in Asia-Pacific and reference economies enable comparisons at different development stages. These precise productivity measurements are part of APO efforts to improve policymaking, contributing to higher standards of living.
The 2017 APO Productivity Databook builds on the comparative analysis approach covering APO members, reference economies, and economic groupings to give a comprehensive picture of factors affecting productivity gains. New introductions include: total factor productivity estimates for Lao PDR; revisions of economic growth figures from the late 1990s for nonmember Myanmar; and analyses of hourly wage differentials among employees, the self-employed, and contributing family workers, which are especially relevant for mid- to long-term economic research and planning.