As a result, productivity growth has lagged that of regional peers. FOUR PILLARS FOR BREAKING THE MOLDInsights aligned with the ADB Country Diagnostic Study point to four mutually reinforcing pillars for economic transformation. A competitive business environment depends on good governance: clear rules, efficient regulation, and capable public institutions. Rationalizing government functions, accelerating digital government, and strengthening public financial management can improve the ease of doing business and attract investment. Breaking the mold demands a deliberate shift toward innovation-led growth anchored in good governance, strong institutions, and inclusive policies.