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    East Asia Update - May 2017

    Asia, Economic Research Institute for ASEAN and East | June 2017
    Abstract
    Major Association of Southeast Asian Nations (ASEAN) countries (Indonesia, Malaysia, Philippines, Singapore, Thailand, and Viet Nam) recorded an average growth of 4.5% in Q1-2017 (Table 1). In Q1 2017 growth of the ASEAN countries is generally driven by improvements in the external sector, as manifested through higher exports, robust manufacturing activity, and healthy private consumption. Furthermore, the increasing exports of Southeast Asian countries are also having a positive effect on their current account balances and international reserve levels (Table 1). These positive developments provide greater optimism regarding the structural reforms that are being undertaken in these countries and provide their governments with greater legitimacy to continue the reforms.
    Citation
    Asia, Economic Research Institute for ASEAN and East. 2017. East Asia Update - May 2017. © Economic Research Institute for ASEAN and East Asia. http://hdl.handle.net/11540/7145.
    Keywords
    Economies in transition
    Economic agreements
    Development indicators
    ADB
    Economic development
    Development Economics
    Regional Economic Development
    Economic Impact
    Asian Development Bank
    Development
    Comparative economics
    Regional economics
    Economic development projects
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    Citable URI
    http://hdl.handle.net/11540/7145
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    east-asia-update-may-2017.pdf (1.239Mb)
    Author
    Asia, Economic Research Institute for ASEAN and East
    Theme
    Economics
    Development
     
    Copyright 2016-2020 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2020 Asian Development Bank Institute, except as explicitly marked otherwise