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But ASEAN could do far more to create a single market for more complex goods and services.
In the future, 3D printing might even be used to build personalised furniture or complex goods like vehicles for same-day collection too.
But there is a flipside to China's ability to mass-produce complex goods at a low cost for ravenous western consumers – and it is visible on any carriage on the Shenzhen metro.
Mr. Garnaut of Australian National University predicts that even richer vistas could open up for the likes of India as China's comparative advantage shifts to technologically complex goods from simple manufacturing.
This is a source of upward bias in the general wholesale indexes since there is reason to believe that technological change has been particularly important in bringing about improvements in complex goods.
Consumer expectations around product apps are expanding to include even the most complex goods and industries.
Similar(50)
But for that very reason (their complexity and intricacy), any complex good whole of which these evils are a part would have to be exceedingly complex.
In the 20 years since, I've moved away from extremes of negativity towards a more complex, good-humoured vision.
As the world gets more complex, good design is rewarded.
Countries export either a high-skill intensive (complex) good or a low-skill intensive (simple) good.
In two otherwise similar economies, the one with the best ECCE will export the complex good.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com