OREANDA-NEWS. Labour productivity is not generally growing faster in poorer APAC economies as might be expected, Fitch Ratings says in its Asia-Pacific Sovereigns Chart of the Month for March 2016.

In particular, Pakistan and Thailand report weak labour productivity growth for their income and development levels.

The report also finds China's productivity performance is lagging what was seen in Japan, Korea and Taiwan when those economies were at similar real income levels to China today - even when allowing for slower global productivity growth today than in the 1960s and 1970s.