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 report highlights APO initiatives for improving productivity and enabling member countries to become future-ready, as well as the impact of its efforts to make the industry, agriculture, service, and public sectors smarter through capacity building for technology interventions. Summaries of all 2017 APO projects, events, and international outreach efforts are included, along with the latest information on NPOs.
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.