2018 Economic Outlook for Southeast Asia, China and India 2018

Fostering Growth through Digitalisation

image of Economic Outlook for Southeast Asia, China and India 2018

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. Each 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 economic outlook and macroeconomic challenges in the region. The second part takes stock of recent progress made in key aspects of regional integration. The third part consists of a special thematic chapter addressing a major issue facing the region. The 2018 edition focuses on fostering growth through digitalisation. And the fourth part includes structural policy country notes offering country-specific reviews and recommendations.



Digitalisation in manufacturing and services in Emerging Asia

OECD Development Centre

Digitalisation and the expansion of the digital economy – the convergence of fixed, mobile and broadcast networks, the increasing connectivity of devices and objects, and the changes in social interactions and personal relationships that these developments bring about – are reshaping the manufacturing and services sectors in Emerging Asia. These impacts are seen in the emergence of new ways of doing business and effects on trade and productivity trends. Policy makers in the region seeking to foster the continued responsible development of digitalisation should consider addressing trade restrictions, particularly those affecting trade in services; barriers to investment in the digital economy; the need for the development and reform of physical and regulatory infrastructure; and labour market and social challenges. Optimal policy strategies are likely to differ by country across the region.



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