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.



Progress and challenges of regional integration in ASEAN and Emerging Asia

OECD Development Centre

ASEAN member countries are celebrating the 50th anniversary of the regional community in 2017, during the chairmanship of the Philippines. This anniversary marks an opportunity to take stock of the achievements of the bloc over the past five decades and to consider the work that needs to be done to achieve the vision of a unified and seamless ASEAN Economic Community in the future. Since its establishment in 1967, ASEAN has blossomed into a community pursuing economic and other modes of integration through the unique consensus-based ASEAN Way. Member countries co-operate on policy areas including tourism, infrastructure and consumer protection in working to foster inclusive and sustainable growth across the region. In the past year, regional integration has progressed most significantly in trade in goods and trade in services. Tariffs decreased further for ASEAN-6 and CLMV countries. Additionally, the ASEAN Single Window initiative is well under way for implementation.



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