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Economic Outlook for Southeast Asia, China and India 2017

Addressing Energy Challenges

image of Economic Outlook for Southeast Asia, China and India 2017

The Economic Outlook for Southeast Asia, China and India is a bi-annual publication on regional economic growth, development and regional integration in Emerging Asia. 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 China and India to fully reflect economic developments in the region. The 2017 edition of the Outlook comprises four main parts, each highlighting a particular dimension of recent economic developments in the region. The first part presents the regional economic monitor, depicting the near-term and medium-term economic outlooks, as well as macroeconomic and regional integration challenges in the region. The second part discusses the recent progress made in key aspects of regional integration. The third part presents this edition's special focus: addressing energy challenges and renewable energy development in particular. The fourth part includes structural policy country notes offering specific recommendations.

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Editorial

OECD Development Centre

Growth in Southeast Asia, China and India – what we collectively call Emerging Asia – is expected to remain robust over the medium term, backed by solid domestic demand. GDP growth in the region is forecast to average 6.2% per year over 2017-21. Despite the region’s strengths, risks remain, particularly those posed by slowing trade, China’s rebalancing and lower rates of growth, depressed commodity prices, sustained low interest rates in advanced economies, and sluggish productivity performance. One significant issue affecting Emerging Asia’s ongoing economic growth and improving well-being is the critical role of energy. Thus, this edition of the Economic Outlook for Southeast Asia, China and India includes a particular focus on the energy challenges that will shape the region’s development, including growing demand, the prospects of renewable energy and private investment in the sector.

English

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