Skip to Main Navigation

East Asia and Pacific Chief Economist Office Reports

Economic Update Reports


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.

Economic Update Report Apr 06, 2022

Braving the Storms

Just as the East Asia and Pacific (EAP) region was weathering recurrent COVID storms, 3 new clouds have gathered over the economic horizon: financial tightening in the U.S., structural slowdown in China, and the war in Ukraine. These difficulties should not, however, obscure the new avenues for growth in the region through trade and innovation.

Flagship Reports


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.

Flagship Report Dec 01, 2018

A Resurgent East Asia: Navigating a Changing World

This report is about the dramatic transformation of the region over the past half century and what has become known as the "East Asian development model", but also about challenges in the region like like slowing global trade & rapid technological change. This report therefore also argues how policy makers across developing East Asia will need to adapt their development model and sustain the region’s remarkable development performance.