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Asian Insights
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Regional integration will provide more synergies for asia
- Deeper integration in the Asia-Pacific region provides a boost to growth in Southeast Asia.
- Regional integration continues its slow but steady pace in Asia across various dimensions including flows of trade, investments, and labour, as well as institutional frameworks.
Asian economies back at pre-pandemic levels but scars remain
- Most Asian economies have regained their pre-pandemic GDP levels, but substantial gaps remain relative to pre-pandemic growth trajectories.
- Richer economies experienced a smaller gap due to policy and structural advantages. Emerging economies reliant on tourism and commodities face more risks.
