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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.

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Green growth strategies, policies and institutions

OECD Development Centre

Southeast Asia is one of the fastest growing regions in the world. Rapid export-led economic growth in the past two decades has lifted millions of people out of poverty. However, there is growing recognition among policy makers in the region that an export-led strategy focusing mainly on growth has been energy-intensive and may not be sustainable in the long term. Attention is increasingly turning to evolving new development strategies that would spur greener growth; that is, growth that requires less energy while protecting the environment.

English

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