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Economic Outlook for Southeast Asia, China and India 2014

Beyond the Middle-Income Trap

image of Economic Outlook for Southeast Asia, China and India 2014

The Economic Outlook for Southeast Asia, China and India 2014: Beyond the Middle-Income Trap presents a medium-term (five year) economic outlook for Emerging Asia, a specific focus on the middle-income trap and an assessment of national structural policy reforms and medium-term development plans. The report highlights the fact that economies in the region will remain resilient in the next five years, supported by the growing strength of domestic demand. It also calls for greater efforts in the push for further economic integration in ASEAN, in particular in the areas of human capital development and poverty.

English

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Editorial

OECD Development Centre

Countries in the Emerging Asian region - over-dependent on export-led growth in the past - are now rebalancing their economies towards domestic demand as part of a deliberately engineered shift in their growth and development strategies. Indeed, many Emerging Asian economies continue to post impressive growth, and the region’s investment prospects look strong.

English

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