Recent Publications
State of the Region 2024-2025
14 November 2024
The Asia-Pacific region faces a complex economic landscape characterized by growth potential tempered by significant risks. Forecasts project a GDP growth rate of 3.4% in 2024, with inflation expected to moderate to around 2.3%, but challenges such as geopolitical tensions, climate change, global supply chain vulnerabilities, and ageing populations present substantial risks. These risks are exacerbated by factors such as protectionism, trade conflicts, and the increased frequency of natural disasters affecting economic...
State of the Region 2023-2024 (Supplement)
16 November 2023
PRESS RELEASE: STAKEHOLDERS HOPEFUL FOR POSITIVE OUTCOMES FROM APEC MEET 12 November 2023 Making progress on regional trade and geo-political tensions topped the list of issues stakeholders think APEC Leaders should address when they meet in San Francisco later this week. This was followed by making supply chains more resilient in the aftermath of their fragility exposed during the pandemic and then long-term policy reforms considering the slower growth trajectory of regional economies. Respondents continued to be negative...
State of the Region 2023 - 2024
12 July 2023
EXECUTIVE SUMMARY From March to April 2023 the Pacific Economic Cooperation Council (PECC) conducted its annual survey of regional policy experts’ views on the State of the Region. Out of the more than 700 respondents, 47 percent expected worse growth for the global economy, a slight improvement over the 60 percent in last year’s survey. At the same time, they were slightly less pessimistic about the prospects for their own economies with 33 percent expecting weaker growth. The continued perception of weaker growth is...
State of the Region 2022-2023
16 November 2022
EXECUTIVE SUMMARY From mid-August to mid-September the Pacific Economic Cooperation Council conducted its annual survey of the regional policy experts’ views on the state of the region. The findings show a 180 degree turnaround from last year’s results on expectations for economic growth. The percentage of respondents expressing an optimistic view on the prospects for global growth changed from 55 to 17 percent and those with a pessimistic outlook rose from 17 percent to 60 percent. Risks remain heavily tilted to the...
State of the Region 2021 - 2022
9 November 2021
EXECUTIVE SUMMARY In the year and a half since the global pandemic started the Asia-Pacific economy has undergone an extraordinary decline but is set to post a sharp recovery this year thanks to unprecedented policy support and the remarkable innovation and manufacture of vaccines. The region is expected to grow by 6.1 percent in 2021 and 5.1 percent in 2022. PECC’s annual survey of the regional policy community (run from 12 August to 17 September) shows a sense of optimism among respondents with 55 percent expecting...
State of the Region 2020 - 2021
16 November 2020
The economic outlook for the Asia-Pacific has improved somewhat in recent months, but recovery will be uneven and fragile as the global pandemic has deepened in some places. Asia-Pacific economies are expected to shrink by about 3.1 percent in 2020 – less than the 4.7 percent contraction forecast in July’s State of the Region Report: Impact of the Covid-19 Crisis. Growth of 5 percent is now expected next year. Growth in the Asia-Pacific is then expected to decline towards 3.5% in subsequent years. The reasons for the...
More...
State of the Region 2019 - 2020
13 December 2019
A Vision for APEC 2040
21 November 2019
State of the Region 2017-2018
26 March 2018
Connectivity and Inclusive Growth in the Asia-Pacific (2014)
22 February 2014
NZPECC: Global Value Chains report
20 January 2014
State of the Region 2013-2014
8 October 2013
APEC Economies: A paradigm shift? (2012)
17 October 2012
State of the Region 2012-2013
5 September 2012
Environmental Sustainability in Urban Centers (2012)
8 March 2012
State of the Region 2011-2012
24 October 2011
Growing APEC Economies: New Challenges and Approaches
6 October 2011
State of the Region 2010
8 November 2010
State of the Region 2009
19 July 2010
Market Volatility and the Food System (2009)
19 July 2010
Inclusive, Balanced, Sustained Growth (2009)
19 July 2010
Labour Mobility in the Asia-Pacific Region (2008)
29 July 2008
An APEC Trade Agenda? (2007)
29 July 2007