Instead of allowing external powers to dictate their development, China, India, Japan, South Korea, and Vietnam have balanced strategic international engagement with domestic capacity-building and decision-making. This model has become newly relevant for Canada, the United Kingdom, and other middle powers.
The World Bank has made a volte-face on industrial policy. Southeast Asian countries will need to consider the new policy, but calibrate it across vastly different national contexts.
Green policy targets environmental outcomes, while industry and trade focus on jobs and growth. When misaligned, green efforts stall and competitiveness weakens.
Government-backed scheme will fund low-carbon cooling and optimisation technologies as rising AI-driven electricity use raises concerns over emissions, …