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East Asia and Pacific Chief Economist Office Reports

Economic Update Reports


Economic Update Report Oct 01, 2023

Services for Development

Most economies in developing East Asia and Pacific, other than several Pacific Island Countries, have recovered from the succession of shocks since 2020 and are continuing to grow, albeit at a slower pace. High indebtedness, a slowdown in China economy, and trade and industrial policy in other countries will hurt the region. Looking forward, diffusion of digital technologies and policy reforms in the services sector is posed to create opportunities and play an increasing role in the economic development of the region.

Economic Update Report Mar 30, 2023

Reviving Growth

Most developing East Asia and Pacific (EAP) economies have bounced back from recent shocks and are growing. However, slowing global growth, elevated commodity prices and tightening financial conditions will affect economies in the region in 2023. In addition, EAP economies face the major challenges of de-globalization, aging, and climate change. More than two decades after the Asian Financial Crisis, this report takes a long-term view of growth trends and needed policy actions.

Economic Update Report Sep 26, 2022

Reforms for Recovery

The East Asia and Pacific (EAP) region, with some exceptions, is growing faster and has lower inflation than most other regions. However, looking ahead, there are three risks to inclusive and sustainable growth: global deceleration, increasing debt, and policy distortions. More efficient policies could help households and firms cope with current difficulties without undermining long-term growth.

Flagship Reports


Flagship Report Sep 20, 2023

Fixing the Foundation: Teachers and Basic Education in East Asia and Pacific

This report examines key factors affecting student learning in the region, with emphasis on the central role of teachers and teaching quality. It also analyzes the role education technologies, which came into widespread use during the pandemic, and examines the political economy of education reform.

Flagship Report Nov 29, 2022

Enterprising Women

This report explores gender differences in entrepreneurship for micro, small, and medium enterprises in Southeast Asia. It analyzes household and firm-level data from five Southeast Asian countries: Cambodia, Indonesia, Lao People’s Democratic Republic, Timor-Leste, and Vietnam, and reviews existing evidence from across the region.

Flagship Report Feb 23, 2021

The Innovation Imperative for Developing East Asia

This report seeks to deepen policy makers’ understanding of the critical role for innovation in the future growth and development of developing East Asia. To achieve this, the report examines the region’s key innovation challenges, assesses its state of innovation, and analyzes the main constraints firms face in effectively pursuing innovation.