Manufacturing supply radar

The Paradox of Southeast Asia's "Green Industrial Policy": How Developing Nations Can Balance Transformation, Competition, and Fairness

This study is based on a comparative study of the six Southeast Asian nations (Vietnam, Thailand, Malaysia, Indonesia, Singapore, and the Philippines) to explore industrial policy strategies of developing countries in responding to the global climate crisis and green transition. The analysis reveals that despite stronger national coordination capabilities than purely market-driven approaches, export-oriented industrialization models may still entrench fragile labor conditions and environmental pollution under the 'green' label, highlighting the institutional challenges in achieving sustainability and social justice.