Key Economic Developments and Prospects in the Asia-Pacific Region 2007

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Front content

I. Widespread economic gains in 2006

2006 growth driven by booming China and India, and reviving Japan

East and North-East Asia tops subregional performance

Taking firm steps to curb inflation

Strong exports but high oil prices take toll on current accounts

Appreciation of currencies reflects confidence in the region

Record level of foreign reserves

II. Key economic issues on the watch list

Asia-Pacific economies set to benefit from Japan’s revival

Is China “overheating”?

Financial market volatility risks

III. Outlook for 2007: continued dynamism

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