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2019 Economic Outlook for Southeast Asia, China and India 2019

Towards Smart Urban Transportation

image of Economic Outlook for Southeast Asia, China and India 2019

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 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 consists of a special thematic chapter addressing a major issue facing the region. The 2019 edition of the Outlook looks at smart cities, with a special focus on transportation. Addressing traffic congestion, in particular, is critical in realising the potential benefits of urbanisation for growth. The third part of the report includes structural country notes offering specific recommendations for each country, and the fourth part discusses the recent progress made in key aspects of regional integration.

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Progress towards regional integration in Emerging Asia

OECD Development Centre

Regional integration is needed to boost productivity, improve investment, increase resilience and tackle shared challenges. ASEAN has been central to many of the efforts on regional integration involving Emerging Asia countries. Increasingly, regional integration in Emerging Asia is taking place through broader frameworks: ASEAN+3 and ASEAN+6. Gradual progress is being made towards regional goals regarding trade in goods, trade in services; investment and capital market liberalisation; competition and consumer protection; intellectual property; infrastructure and connectivity; SMEs; food, agriculture and forestry; tourism; human and social development; energy; and the Initiative for ASEAN Integration.

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