- International Monetary Fund. Asia and Pacific Dept
- Published Date:
- April 2015
World Economic and Financial Surveys
Regional Economic Outlook
Asia and Pacific
Stabilizing and Outperforming Other Regions
©2015 International Monetary Fund
Regional economic outlook. Asia and Pacific. – Washington, D.C. : International Monetary Fund, 2005-
v. ; cm. – (World economic and financial surveys, 0258-7440)
Once a year.
Began in 2005.
Some issues have also thematic titles.
1. Economic forecasting – Asia – Periodicals. 2. Economic forecasting – Pacific Area – Periodicals. 3. Asia – Economic conditions – 1945– Periodicals. 4. Pacific Area – Economic conditions – Periodicals. 5. Economic development – Asia – Periodicals. 6. Economic development – Pacific Area – Periodicals. I. Title: Asia and Pacific. II. International Monetary Fund. III. Series: World economic and financial surveys.
ISBN: 978-1-49833-984-1 (paper)
ISBN: 978-1-47553-438-2 (web PDF)
Publication orders may be placed online, by fax, or through the mail:
International Monetary Fund, Publication Services
P.O. Box 92780, Washington, D.C. 20090, U.S.A.
Tel.: (202) 623-7430 Fax: (202) 623-7201
In this Regional Economic Outlook: Asia and Pacific, the following groupings are employed:
“ASEAN” refers to Brunei Darussalam, Cambodia, Indonesia, Lao People’s Democratic Republic, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam, unless otherwise specified.
“ASEAN-5” refers to Indonesia, Malaysia, the Philippines, Singapore, and Thailand.
“Advanced Asia” refers to Australia, Hong Kong SAR, Japan, Korea, New Zealand, Singapore, and Taiwan Province of China.
“Emerging Asia” refers to China, India, Indonesia, Malaysia, the Philippines, Thailand, and Vietnam.
“Frontier and Developing Asia” refers to Bangladesh, Cambodia, Lao People’s Democratic Republic, Mongolia, Myanmar, Nepal, and Sri Lanka.
“Asia” refers to ASEAN, East Asia, Advanced Asia, South Asia, and other Asian economies.
“EU” refers to the European Union.
“G-7” refers to Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
“G-20” refers to Argentina, Australia, Brazil, Canada, China, the European Union, France, Germany, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, the Russian Federation, Saudi Arabia, South Africa, Turkey, the United Kingdom, and the United States.
The following abbreviations are used:ASEAN
Association of Southeast Asian NationsBMA
Bayesian model averagingBIS
Bank for International SettlementsCDIS
Coordinated Direct Investment SurveyCPI
consumer price indexCPIS
Coordinated Portfolio Investment SurveyDFD
distance to final demandDSGE
dynamic stochastic general equilibriumDVA
domestic value addedECI
economic complexity indexFCI
financial conditions indexFDI
foreign direct investmentFSI
Financial Soundness IndicatorsFX
gross domestic productGFCF
gross fixed capital formationGMM
generalized method of momentsGVC
global value chainsIS
North American Free Trade AgreementOECD
Organisation for Economic Co-operation and DevelopmentPICs
Pacific Island countriesQQE
quantitative and qualitative easingR&D
research and developmentRCF
Rapid Credit FacilityREER
real effective exchange rateRFI
rapid financing investmentSOI
Southern Oscillation IndexTFP
total factor productivityUNCTAD
United Nations Conference on Trade and DevelopmentVAR
Chicago Board Options Exchange Market Volatility IndexWEO
World Economic OutlookWTO
World Trade Organization
The following conventions are used:
In tables, a blank cell indicates “not applicable,” ellipsis points (. . .) indicate “not available,” and 0 or 0.0 indicates “zero” or “negligible.” Minor discrepancies between sums of constituent figures and totals are due to rounding.
In figures and tables, shaded areas show IMF projections.
An en dash (–) between years or months (for example, 2007–08 or January–June) indicates the years or months covered, including the beginning and ending years or months; a slash or virgule (/) between years or months (for example, 2007/08) indicates a fiscal or financial year, as does the abbreviation FY (for example, FY2009).
An em dash (—) indicates the figure is zero or less than half the final digit shown.
“Billion” means a thousand million; “trillion” means a thousand billion.
“Basis points” refer to hundredths of 1 percentage point (for example, 25 basis points are equivalent to ¼ of 1 percentage point).
As used in this report, the term “country” does not in all cases refer to a territorial entity that is a state as understood by international law and practice. As used here, the term also covers some territorial entities that are not states but for which statistical data are maintained on a separate and independent basis.
This Regional Economic Outlook: Asia and Pacific was prepared by a team coordinated by Rachel van Elkan of the IMF’s Asia and Pacific Department, under the overall direction of Chang Yong Rhee and Markus Rodlauer. Contributors include Nasha Ananchotikul, Elif Arbatli, Paul Cashin, Kevin Cheng, Mali Chivakul, Jaime Guajardo, Roberto Guimarães-Filho, Gee Hee Hong, Joong Shik Kang, Yuko Kinoshita, Vladimir Klyuev, Christiane Kneer, Waikei Raphael Lam, Xiaoguang Liu, Wojciech Stanislaw Maliszewski, Kum Hwa Oh, Shi Piao, Mehdi Raissi, Jack Ree, Sidra Rehman, Dulani Seneviratne, Alfred Schipke, Yiqun Wu, Longmei Zhang, Shiny Zhang, and Edda Zoli. Shi Piao and Dulani Seneviratne provided research assistance. Luisa Calixto and Socorro Santayana provided production assistance. Rosanne Heller, former IMF Asia and Pacific Department editor, and Joanne Creary Johnson of the IMF’s Communications Department edited the report. Joanne Creary Johnson coordinated its production and release, with the assistance of Katy Whipple. This report is based on data available as of April 2 and includes comments from other departments and some executive directors.