Economic Outlook and Key Policy Challenges in Emerging Asia
REGIONAL ECONOMIC STUDIES PROGRAMME SEMINAR
About the Seminar
The OECD Economic Outlook for Southeast Asia, China and India is a bi-annual flagship publication on regional economic growth and development in Emerging Asia. The Outlook comprises several elements – i) macroeconomic assessment and economic outlook, ii) a special thematic chapter addressing a major issue facing the region and , iii) structural country notes offering specific recommendations for 12 Emerging Asian countries.
With regard to the macroeconomic assessment and outlook, growth in emerging Asia is expected to remain robust over the medium-term. Major recent and ongoing trends in the region are continuing robust domestic demand, mixed inflation trends, interest rate hikes and the persistence of deficits in current account and fiscal position in some countries. According to the Outlook, the main risks to these expectations for the region are related to the new financial technologies, constraints to international trade and the management of natural disaster risks. In terms of the thematic chapter, this year’s edition looks at smart cities, with a special focus on transportation and, in particular, addressing traffic congestion.
About the Speakers
Kensuke Tanaka is the Head of the Asia Desk of the OECD Development Centre (in France). He initiated and is in charge of several publications including the biannual OECD flagship publication ”Economic Outlook for Southeast Asia, China and India”, which comprises assessment of the macroeconomic situation and an analysis of key structural policy challenges in Emerging Asia. He also constructed the Medium-term Projection Framework (MPF) based on a DSGE model approach to serve the forecasts for the Outlook. Mr Tanaka also started the “Revenue statistics for Asian countries”, jointly with Asian Development Bank, which provides comparable statistics of Asian countries on fiscal revenues and discusses fiscal policy changes in Asia. Between 2010-2013, he constructed the leading and composite economic indicators called Asian Business Cycle Indicators (ABCIs) and release the quarterly bulletin “This Quarter in Asia”. He also led a project to create Narrowing Development Gaps Indicators (NDGIs) with the ASEAN Secretariat in 2012. More recently, he published “Road and Rail Infrastructure in Asia: Investing in Quality”.
In addition to analytical work, he initiated the policy dialogue network called “OECD-AMRO-ADB/ADBI- ERIA Asian Regional Roundtable on Macroeconomic and Structural Policies” which is held annually to provide an opportunity for 5 different international organisations to discuss key policy challenges in the region.
Prasiwi Ibrahim is Economist at the Asia Desk of the OECD Development Centre, based in Paris, France. At the OECD Development Centre, she has been working on several projects. From 2015 edition of Economic Outlook for Southeast Asia, China and India – the OECD flagship publication, she contributed to chapters and analytical work. She also contributed to statistical work to the 2015 edition of Revenue Statistics in Asian Countries. More recently, Ms Ibrahim coordinated the project of Infrastructure investment in Asia.
Prior to joining the OECD, Ms Ibrahim worked at several other international organisations including the World Bank and ERIA (Economic Research Institute for ASEAN and East Asia). She contributed to the project “Cash Management Reform in Indonesia: Making the State Money Work Harder”, published in 2014 at the World Bank, and at ERIA, she was a Project Coordinator of Infrastructure Investment project.