Southeast Asian Economic Outlook 2013
With Perspectives on China and India
This edition of the Southeast Asian Economic Outlook examines medium-term growth prospects, recent macroeconomic policy challenges, and structural challenges including human capital, infrastructure and SME development. It also looks at economic disparities “between” and “within” countries in the region. It provides coverage for Brunei, Cambodia, China, India, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand and Viet Nam.
While solid growth is forecast to continue until 2017, countries must address structural issues in order to sustain this favourable outlook. Narrowing development gaps presents one of the region’s most important challenges.
Preface
Centre de Développement de l’OCDE
Current global uncertainty underscores the need for Asian economies to rethink their growth and development strategies. The export-oriented approach, while successful in earlier decades, has now shown weaknesses. Excessive dependence on external demand has made many Asian countries vulnerable to fluctuations in global demand and to external shocks. Domestic demand will be an important engine for medium-term growth in the region