APRIL2026East Asia &c PacifcEconomic UpdateIndustrial Policy in the Digital AgeWORLDBANKGROUP
East Asia & PacificEconomic Update
TheOfficeoftheChiefEconomistoftheEastAsia&PacificRegionAPRIL2026East Asia & PacificEconomic UpdateIndustrial Policy in theDigital AgeWORLDBANKGROUP
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ContentseuteSem......Abbreviations..xxiiiOverviewIndustrial Policy in the Digita................PartI.29Factors affectinggrowth;.38Onlos;.n..#s...PartIISpeialFousInaustilPolintheDial.."Introduction..........81 Foundational public goods: Basic human capital, infrastructure,and institutions......81 Addesin;rli;r.r..Adresig oarket.a......8911.5What necdstobe...1.Rete...............l.BoxesI.1Distributional Impacts of Fuel Price Increases in.EAPCou....................43US Federal Monetary Policy and EAP Economy rem.........00Padtic ldand Corntrie I.I.).....ThailandsEastern Eoonomic Corridor:Upgrading anBxabished Eoport-rorign .Diet Imetmen...0Subsidies and Innovation in Chi...................99Retaliatory Trade Coss of Industrial Subsidies (based onFengetal.2026).........................101心 Promoting Higher Vahue-Aadaed Miningin.Hnda.......011.5Sector-Targeted Skills Development as Indu...