Macroeconomic performance and policy challenges at the subregional level

The growth momentum of the developing economies of Asia and the Pacific slowed to 5.6% in 2012 compared with 7% in 2011. However, this region is vast and very diverse, and aggregate figures mask the diversity in performance and the challenges being faced at the subregional and country levels. Therefore, this chapter affords a more disaggregated analysis of macroeconomic performance and policy challenges at the subregional level, with some details at the country level. In the Survey, the Asia-Pacific region is divided into five geographic subregions: East and North-East Asia; North and Central Asia; the Pacific; South and South-West Asia; and South- East Asia. An overview of macroeconomic performance and policy challenges in all these subregions is furnished below, followed by more detailed discussions on each subregion.

Related Subject(s): Economic and Social Development