EconomicOutlookforSoutheastAsia,ChinaandIndia2018FOSTERINGGROWTHTHROUGHDIGITALISATIONConsultthispublicationonlineat(ASEAN)membercountries:BruneiDarussalam,Cambodia,Indonesia,LaoPDR,Malaysia,Myanmar,thePhilippines,Singapore,ThailandandVietNam.ItalsoaddressesrelevanteconomicissuesinChinaandIndiatofullyreflecteconomicdevelopmentsintheregion.EacheditionoftheOutlookcomprisesfourmainparts,eachhighlightingaparticulardimensionofrecenteconomicdevelopmentsintheregion.Thefirstpartpresentstheregionaleconomicmonitor,depictingtheeconomicoutlookandmacroeconomicchallengesintheregion.Thesecondparttakesstockofrecentprogressmadeinkeyaspectsofregionalintegration.Thethirdpartconsistsofaspecialthematicchapteraddressingamajorissuefacingtheregion.The2018editionfocusesonfosteringgrowththroughdigitalisation.Andthefourthpartincludesstructuralpolicycountrynotesofferingcountry-specificreviewsandrecommendations.ISBN:978-92-64-286177412017241P1EconomicOutlookforSoutheastAsia,ChinaandIndia2018FOSTERINGGROWTHTHROUGHDIGITALISATION2018EconomicOutlookforSoutheastAsia,ChinaandIndia2018FOSTERINGGROWTHTHROUGHDIGITALISATIONThisworkispublishedundertheresponsibilityoftheSecretary-GeneraloftheOECD.TheopinionsexpressedandargumentsemployedhereindonotnecessarilyreflecttheofficialviewsofthemembercountriesoftheOECDoritsDevelopmentCentre.Thisdocument,aswellasanydataandanymapincludedherein,arewithoutprejudicetothestatusoforsovereigntyoveranyterritory,tothedelimitationofinternationalfrontiersandboundariesandtothenameofanyterritory,cityorarea.ISBN978-92-64-28617-7(print)ISBN978-92-64-28618-4(PDF)Series:EconomicOutlookforSoutheastAsia,ChinaandIndiaISSN2310-1105(print)ISSN2310-1113(online)ThestatisticaldataforIsraelaresuppliedbyandundertheresponsibilityoftherelevantIsraeliauthorities.TheuseofsuchdatabytheOECDiswithoutprejudicetothestatusoftheGolanHeights,EastJerusalemandIsraelisettlementsintheWestBankunderthetermsofinternationallaw.CorrigendatoOECDpublicationsmaybefoundonlineat:©OECD2018Youcancopy,downloadorprintOECDcontentforyourownuse,andyoucanincludeexcerptsfromOECDpublications,databasesandmultimediaproductsinyourowndocuments,presentations,blogs,websitesandteachingmaterials,providedthatsuitableacknowledgmentofthesourceandcopyrightowner(s)isgiven.Allrequestsforpublicorcommercialuseandtranslationrightsshouldbesubmittedtorights@oecd.org.RequestsforpermissiontophotocopyportionsofthismaterialforpublicorcommercialuseshallbeaddresseddirectlytotheCopyrightClearanceCenter(CCC)atinfo@copyright.comortheCentrefrancaisd’exploitationdudroitdecopie(CFC)atcontact@cfcopies.com.Pleasecitethispublicationas:OECD(2018),EconomicOutlookforSoutheastAsia,ChinaandIndia2018:FosteringGrowththroughDigitalisation,OECDPublishing,Paris.:fOSterINggrOWtHtHrOUgHdIgItalISatION©Oecd2018ForewordTheEconomicOutlookforSoutheastAsia,ChinaandIndiaisabiannualpublicationonAsia’sregionaleconomicgrowth,developmentandregionalintegrationprocesses.ItfocusesontheeconomicconditionsoftheAssociationofSoutheastAsianNations(ASEAN)membercountries(BruneiDarussalam,Cambodia,Indonesia,LaoPDR,Malaysia,Myanmar,thePhilippines,Singapore,ThailandandVietNam)andtwolargeeconomiesintheregion,ChinaandIndia.ThispublicationevolvedfromtheSoutheastAsianEconomicOutlook.BeginningwiththefirstreleaseoftheUpdatetotheOutlookinJune2016,theOutlookhasbecomeabiannualpublication,withthemainreportreleasedinthefallanditsupdatereleasedthefollowingspring.TheOutlookwasinitiallyproposedataninformalreflectiongrouponSoutheastAsiain2008asafollow-upoftheCouncilMeetingatMinisteriallevel(MCM)in2007andwasacceptedbyministers/seniorofficialsfromASEANcountriesattheoccasionofthe2ndOECD-SoutheastAsiaRegionalForuminBangkokin2009.TheOutlookprojectwasofficiallylaunchedin2010andeacheditionisregularlypresentedattheoccasionoftheASEAN/EastAsiaSummit.ItwasincludedintheOECD’sSoutheastAsiaRegionalProgramme(SEARP)attheSteeringGroupMeetinginJakarta,IndonesiainMarch2015,withitsroleofprovidingahorizontalviewofactivities,identifyingemergingtrendsintheregionandprovidingabackboneforthedifferentstreamsoftheProgrammeconfirmedatthe2015MCM.TheOutlookservesasastrategicforesightandpolicydialoguetoolfortheSEARPandincludessummariesofrecentdevelopmentsintheregiononissuesrelatedtotheProgramme’ssixRegionalPolicyNetworksandthreeInitiatives.EacheditionoftheOutlookiscomprisedoffourmainparts:aregionaleconomicmonitor,anoverviewofrecentdevelopmentsinregionalintegration,structuralpolicyc