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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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Regional integration challengesin ASEAN and Emerging Asia

OECD Development Centre

2016 marks the first year of the establishment of ASEAN Economic Community. Progress on regional integration in Emerging Asia has been mixed, with relatively more achieved in the areas of trade in goods, trade in services, infrastructure and connectivity and the initiative for ASEAN Integration (IAI) in recent years. More concerted effort needs to be made in other areas that are lagging behind, such as SMEs, competition and consumer protection, as well as intellectual property. To ensure that AEC can be achieved by 2025, regional commitments need to be aligned with timely domestic reforms. This is crucial in producing a highly integrated, resilient and inclusive ASEAN community over the long term.

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