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Economic and Social Survey of Asia and the Pacific 2013

Forward-Looking Macroeconomic Policies for Inclusive and Sustainable Development

image of Economic and Social Survey of Asia and the Pacific 2013
This document provides a review of the region’s performance in 2012 and its outlook in 2013, as it recovers from the global economic crisis and assesses the region’s policy response to remaining and emerging vulnerabilities. Areas of economic and social policy analysed include growth, inflation, trade and investment, financial markets, employment, migration and remittances. Key challenges ahead are addressed and policy responses recommended for countries in order to sustain their development. The document also addresses a thematic issue, discussing the current approach of macroeconomic policy making and critically assessing whether it has served development adequately.

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Acknowledgements

This report was prepared under the overall direction and guidance of Noeleen Heyzer, Under-Secretary- General of the United Nations and Executive Secretary of the Economic and Social Commission for Asia and the Pacific (ESCAP), and under the substantive direction of Anisuzzaman Chowdhury, Director of the Macroeconomic Policy and Development Division. The core team led by Aynul Hasan, included Shuvojit Banerjee, Sudip Ranjan Basu, Alberto Isgut, Daniel Jeongdae Lee, Muhammad Hussain Malik, Oliver Paddison, Vatcharin Sirimaneetham, Yusuke Tateno and Marin Yari. Others who contributed from the Division were Syed Nuruzzaman, Katinka Weinberger, Clovis Freire, Nobuko Kajiura, Naylin Oo and Upali Wickramasinghe.

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