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.
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Foreword
OECD Development Centre
Increased global uncertainty is casting a shadow over the economic outlook of Southeast Asia. Yet, as opposed to most OECD economies, the region will enjoy solid growth until 2016. According to this second edition of the Southeast Asian Economic Outlook, real gross domestic product is projected to grow at 5.6% per year on average during 2012-16 in the six Southeast Asian economies (Indonesia, Malaysia, the Philippines, Singapore, Thailand and Viet Nam), a rate of expansion that is slightly lower than the average of the pre-2008 crisis period (6.1% for 2003-07).
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