2016 Economic Outlook for Southeast Asia, China and India 2016

Enhancing Regional Ties

image of Economic Outlook for Southeast Asia, China and India 2016

The annual Economic Outlook for Southeast Asia, China and India examines Asia’s regional economic growth, development and regional integration process. It focuses on the economic conditions of Association of Southeast Asian Nations (ASEAN) member countries: Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam. It also addresses relevant economic issues in People’s Republic of China and India to fully reflect economic developments in the region. The 2016 edition of the Economic Outlook for Southeast Asia, China and India comprises three 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 “enhancing regional ties”, which is the special thematic focus of this edition. The third part includes structural policy country notes.



Assessment of progress in regional integration in Emerging Asia

OECD Development Centre

Various frameworks for regional integration have been used to build co-operative solutions to a range of issues of shared concern. In particular, the establishment of the ASEAN Economic Community by end-2015 is seen as a major milestone. The progress made and remaining challenges in deepening regional integration, however, have varied across key policy areas: trade in goods; trade in services; investment and capital market liberalisation; competition and consumer protection; intellectual property; infrastructure and connectivity; small and medium-sized enterprises; food, agriculture and forestry; tourism; human and social development aspects of integration; and Initiative for ASEAN Integration (IAI). Further efforts in co-ordination, the reduction of disparities, global integration, monitoring, addressing new policy areas and reducing corruption at national and regional levels will be needed to realise current and future regional goals.



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