China has grown to become an economic powerhouse and engine of global demand. However, China’s projected GDP growth rates are now anticipated to remain below 7% per annum over the next five years. This issue of Trade Insights examines how the ‘new normal’ of lower economic growth in China will impact on the prospects for trade in the Asia-Pacific region.
The Asia-Pacific Development Journal (APDJ) is published twice a year by the Macroeconomic Policy and Development Division of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
The primary objective of the APDJ is to provide a platform for the exchange of knowledge, experience, ideas, information and data on all aspects of economic and social development issues and concerns facing the region and to stimulate policy debate and assist in the formulation of policy.
The Financing for Transformation: from agenda to action on sustainable development in Asia and the Pacific publication provides an opportunity for Asia and the Pacific policymakers and stakeholders, such as those from the private sector, academia and civil society organizations, to actively engage with the global negotiations, and to lay out the financing and partnership frameworks for the development agenda beyond 2015 from the regional perspectives.
This discussion paper "Polarizing world: GDP, development and beyond" was prepared for ESCAP by Michael Shashoua and Sudip Ranjan Basu. Michael Shashoua is a PhD fellow at Rice University, USA; and Sudip Ranjan Basu is Economic Affairs Officer, Macroeconomic Policy and Development Division, ESCAP.
This discussion paper "Financing Development Gaps in the Countries with Special Needs in the Asia-Pacific Region" was prepared for ESCAP by Mustafa K. Mujeri, Former Director General, The Bangladesh Institute of Development Studies, Bangladesh.
This discussion paper "Financing Sustainable Development – What Can We Learn from The Australian Experience of Reform?" was prepared for ESCAP by Wayne Swan, Member of Parliament, formerly the Deputy Prime Minister and Treasurer of the Commonwealth of Australia.
This discussion paper "Financing Disaster Risk Reduction for sustainable development in Asia and the Pacific" was prepared by Disaster Risk Reduction Section, ICT and Disaster Risk Reduction Division, ESCAP.
This discussion paper "Climate finance in the Asia-Pacific: Trends and Innovative Approaches" was prepared for ESCAP by Ilaria Carrozza, PhD Candidate, Department of International Relations, London School of Economics and Political Science, London, UK
The author would like to acknowledge ESCAP Environment and Development Division (Rae Kwon Chung, Aneta Nikolova, Riccardo Mesiano, Hala Razian, and with support from Yohan Hong). A peer review was conducted by Climate Policy Initiative (Mia Fitri and Leela Raina).