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2014 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

Executive Summary

OECD Development Centre

Despite growth moderating in 2013, Emerging Asia (Southeast Asia, China and India) will continue to play an important role in global economic growth over the medium term. The outlook in the region remains resilient, although the pace of growth is forecast to moderate compared to before the global financial crisis (2000-07).

English

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