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Economic Outlook for Southeast Asia, China and India 2015

Strengthening Institutional Capacity

image of Economic Outlook for Southeast Asia, China and India 2015

The Economic Outlook for Southeast Asia, China and India is an annual publication on Asia’s regional economic growth, development and regional integration process. It focuses on the economic conditions of the Association of Southeast Asian Nations (ASEAN) member countries  – Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam –, and also addresses relevant economic issues in China and India to fully reflect economic developments in the region. The Outlook provides an annual update of regional economic trends and policy challenges, and a thematic focus which is specific to each volume. The 2015 edition of the Economic Outlook for Southeast Asia, China and India comprises two main parts, each highlighting a particular dimension of recent economic developments in the region. The first part presents the regional economic monitor, depicting the medium-term economic outlook and macroeconomic challenges in the region. The second part consists of three chapters on “institutional capacity”, which is the special thematic focus of this edition.

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Executive summary

OECD Development Centre

Growth prospects look favourable overall in Emerging Asia (Southeast Asia, China and India) over the medium term. Gross domestic product (GDP) growth in the region is forecast to average 6.5% per year over 2015-19. Although growth in Emerging Asia will moderate gradually due to the slowdown in China, for the ten ASEAN countries as a whole, growth momentum remains robust and broadly similar to that of the past ten years, averaging 5.6% over 2015-19.

English

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