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Southeast Asian Economic Outlook 2011/12

image of Southeast Asian Economic Outlook 2011/12

This edition of the Southeast Asian Economic Outlook examines the macroeconomic situation, policies and medium-term growth prospects for countries in the region; structural challenges; green growth strategies, policies and institutions; and environmental taxes. It finds that growth for the region will moderate in the near term but solid growth performance will continue until 2016. To sustain this favourable outlook, countries need to meet considerable structural challenges. Green growth offers an alternative growth strategy in the long term.

English

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Executive summary

OECD Development Centre

Growth for six Southeast Asian countries (Indonesia, Malaysia, the Philippines, Singapore, Thailand and Viet Nam) will moderate towards the first quarter of 2012 but remain robust through 2016, according to the OECD Development Centre’s Medium-term Projection Framework. The six Southeast Asian countries will have achieved the pre-crisis level – an average gross domestic product (GDP) growth rate of 5.9% by 2016 (5.6% per annum on average 2012-16), recovering from a slight moderation of 5.0% in 2011. The growth momentum for the Emerging Asia (six Southeast Asian countries, China and India) as a whole is also robust with an average growth rate of 8.2% in 2011.

English

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