Economic Outlook for Southeast Asia, China and India
Volume 2023 Issue 1
The Economic Outlook for Southeast Asia, China and India is a regular publication
on regional economic growth and development in Emerging Asia – Brunei Darussalam,
Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand
and Viet Nam, as well as China and India. It comprises three parts: a regional economic
monitor, special thematic chapters addressing a major issue facing the region, and
a series of country notes.
The 2023 edition discusses the region’s economic outlook and macroeconomic challenges
at a time of great uncertainty and a slowdown of the global economy, in particular
owing to inflationary pressures, capital flow volatility and supply-side bottlenecks.
The thematic chapters focus on reviving tourism after the pandemic. Tourism was among
the sectors most affected by both the COVID-19 pandemic and responses to it. The report
highlights the economic impact of tourism in the region and explores how the sector
can be reshaped to regain its significant role in Emerging Asia. The interruption
of tourism allowed countries in the region to consider reforms in the sector, including
diversifying tourism markets and addressing labour market challenges, while catering
to the new needs and preferences of the post-pandemic world, prioritising sustainable
and environmentally responsible activities, and accelerating digitalisation.
Published on March 31, 2023
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