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ASEAN+3: Navigating Secular Trends and Uncertainties

While the ASEAN+3 region will remain a major driver of global growth in the next decade, it also faces a multitude of structural challenges. Three secular trends—aging, global trade reconfiguration, and rapid technological change—are affecting the region in complex ways that make its long-term growth trajectory less certain.

Continue Reading ASEAN+3: Navigating Secular Trends and Uncertainties

ASEAN+3 Policymakers Should Rebuild Policy Space and Address Long-term Challenges Amid Positive Outlook

The ASEAN region is expected to benefit from a combination of these favorable factors, with growth in 2024 and 2025 forecast at 4.8 and 4.9 percent, respectively while growth in the Plus-3 region is expected to remain robust at 4.3 and 4.1 percent, respectively.

Continue Reading ASEAN+3 Policymakers Should Rebuild Policy Space and Address Long-term Challenges Amid Positive Outlook