Asia and Pacific

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Contents

• Asia’s Next Growth Story
  • Published: September 2, 2026
  • Authors: Gita Bhatt
  • Summary: The question for policymakers is how to seize new opportunities to renew Asia’s economic growth
• Asia's Economic Resilience Is Being Tested by the Energy Shock
  • Published: April 16, 2026
  • Authors: Andrea Pescatori, Krishna Srinivasan
  • Summary: The region can best cope by protecting vulnerable people, letting prices adjust, anchoring inflation expectations, and accelerating structural reforms
• Asia’s Economic Growth Is Weathering Tariffs and Uncertainty
  • Published: October 16, 2025
  • Authors: Andrea Pescatori, Krishna Srinivasan
  • Summary: The region has proved unexpectedly resilient, aided by a front-loading of exports, technology investment, and policy support. To sustain strong and durable growth, it must now rebalance more toward domestic demand and deepen regional integration.
• Asia Can Boost Economic Resilience Amid Surging Trade Tensions
  • Published: April 24, 2025
  • Authors: Thomas Helbling, Andrea Pescatori, Krishna Srinivasan
  • Summary: Stronger regional economic ties can help build resilience during a time of growing policy uncertainty
• How Artificial Intelligence Will Affect Asia’s Economies
  • Published: January 5, 2025
  • Authors: Tristan Hennig, Shujaat Khan
  • Summary: AI may widen inequality, but policymakers can counteract this with more effective social safety nets, reskilling programs, and regulations to promote ethical use of the technology
• Asia’s Economies Can Embrace Services to Boost Growth and Productivity
  • Published: November 1, 2024
  • Authors: Chikako Baba, Rahul Giri, Krishna Srinivasan
  • Summary: Manufacturing has been the engine of growth in Asia, but a transition to modern, tradable services could be new source of growth and productivity
• Trade Balances in China and the US Are Largely Driven by Domestic Macro Forces
  • Published: September 12, 2024
  • Authors: Pierre-Olivier Gourinchas, Ceyla Pazarbasioglu, Krishna Srinivasan, Rodrigo Valdés
  • Summary: Worries that China’s external surpluses result from industrial policies reflect an incomplete view
• Asia's Growth and Inflation Outlook Improves, but Risks Remain
  • Published: April 30, 2024
  • Authors: Krishna Srinivasan
  • Summary: The regional outlook has strengthened as price pressures have moderated, although China’s property market correction and geoeconomic fragmentation remain key risks.
• Explainer: How Asia Can Unlock $800 Billion of Climate Financing
  • Published: January 29, 2024
  • Authors: Ritu Basu, Cheng Hoon Lim
  • Summary: Governments, central banks, financial supervisors, and multilateral institutions must coordinate and develop a comprehensive strategy to attract more private capital.
• Harm From ‘De-Risking’ Strategies Would Reverberate Beyond China
  • Published: October 18, 2023
  • Authors: Diego Cerdeiro, Siddharth Kothari, Dirk Muir
  • Summary: The negative impact of ‘de-risking’ strategies by major economies would be felt beyond China, while comprehensive reforms in China could generate significant positive spillovers
• Asia Continues to Fuel Global Growth, but Economic Momentum is Slowing
  • Published: October 13, 2023
  • Authors: Yan Carrière-Swallow, Krishna Srinivasan
  • Summary: The region is likely to see faster disinflation, but prospects for growth in coming years are dimming
• Asia Must Monitor Rising Corporate Debt Amid Higher Interest Rates
  • Published: May 25, 2023
  • Authors: Thomas Helbling, Shanaka J. Peiris, Monica Petrescu
  • Summary: Elevated borrowing costs are adding to risks that some companies may default on their debt as central banks keep interest rates higher for longer to contain inflation
• Asia Poised to Drive Global Economic Growth, Boosted by China’s Reopening
  • Published: May 2, 2023
  • Authors: Thomas Helbling, Shanaka J. Peiris, Krishna Srinivasan
  • Summary: China and India together are forecast to generate about half of global growth this year
• Asia Likely to See Dynamic Economic Growth, but With Policy Challenges
  • Published: April 13, 2023
  • Authors: Krishna Srinivasan, Alasdair Scott
  • Summary: Region would contribute about 70 percent to global growth this year—but still faces challenges from inflation, debt, and financial vulnerabilities
• How Asia Can Ease Scarring from Lower Investment, Employment and Productivity
  • Published: March 31, 2023
  • Authors: Siddharth Kothari, Nour Tawk
  • Summary: Asia should prioritize reforms that address the investment scarring from high corporate debt, mitigate education losses, and boost digitalization
• Asia’s Easing Economic Headwinds Make Way for Stronger Recovery
  • Published: February 21, 2023
  • Authors: Krishna Srinivasan, Thomas Helbling, Shanaka J. Peiris
  • Summary: Clean energy needs may cause years of high prices for copper, nickel, cobalt and lithium under a net-zero emissions scenario.
• Asia's Productivity Needs a Boost That Digitalization Can Provide
  • Published: January 10, 2023
  • Authors: Antoinette M. Sayeh, Era Dabla-Norris, Tidiane Kinda
  • Summary: Amid slowing global growth, promoting technological adoption and closing digital divides can help the region boost aggregate productivity and economic output
• Asia and the World Face Growing Risks From Economic Fragmentation
  • Published: October 28, 2022
  • Authors: Diego Cerdeiro, Siddharth Kothari, Chris Redl
  • Summary: Policymakers must act decisively to avoid the harm from fraying ties, and ensure trade remains an engine of growth
• Pacific Island Countries Have Untapped Tax Potential
  • Published: October 20, 2022
  • Authors: Sanjaya Panth, Todd Schneider, Mouhamadou Sy
  • Summary: There is scope to raise more revenue to pay for vital climate and social-development spending
• Asia Sails Into Headwinds From Rate Hikes, War, and China Slowdown
  • Published: October 13, 2022
  • Authors: Krishna Srinivasan, Shanaka J. Peiris
  • Summary: Growth forecasts have been lowered for this year and next, while inflation exceeds central bank targets in most countries
• Crypto is More in Line with Asian Equities, Highlighting Need for Regulation
  • Published: August 21, 2022
  • Authors: Nada Choueiri, Anne-Marie Gulde-Wolf, Tara Iyer
  • Summary: Crypto trading volume, and co-movement with equity markets, has surged in the region.
• Asia’s Economies Face Weakening Growth, Rising Inflation Pressures
  • Published: July 28, 2022
  • Authors: Krishna Srinivasan
  • Summary: A multifaced response, including increasing interest rates, is needed to prevent an upward spiral of price expectations and rising capital outflows.
• Asia Growth Slows on Commodities, Covid and Rising Interest Rates
  • Published: April 25, 2022
  • Authors: Anne-Marie Gulde-Wolf, Shanaka J. Peiris
  • Summary: Region’s policymakers face difficult policy trade-offs and should protect the most vulnerable from rising fuel and food costs while enacting economic reforms to boost long-term growth.
• Higher Shipping Costs May Lift Asia’s Low Inflation
  • Published: December 22, 2021
  • Authors: Yan Carrière-Swallow, Pragyan Deb, Daniel Jiménez
• How Trade Can Help Speed Asia’s Economic Recovery
  • Published: November 19, 2021
  • Authors: Pragyan Deb, Julia Estefania-Flores, Siddharth Kothari, Nour Tawk
• How to Tax in Asia’s Digital Age
  • Published: September 14, 2021
  • Authors: Era Dabla-Norris, Andrew Hodge, Dinar Prihardini
  • Summary: New global reforms will change where tech giants pay taxes in Asia and make the international tax system more robust.
• After a Strong Crisis Response, Asia Can Build a Fairer and Greener Future
  • Published: April 13, 2021
  • Authors: Jonathan D. Ostry
• Asia-Pacific, the Gigantic Domino of Climate Change
  • Published: March 25, 2021
  • Authors: Vitor Gaspar, Chang Yong Rhee
• The Future of Asia: What a Difference a Year Can Make
  • Published: March 17, 2021
  • Authors: Chang Yong Rhee, Katsiaryna Svirydzenka
• Divergent Recoveries in Asia: History is not Destiny
  • Published: February 23, 2021
  • Authors: Davide Furceri, Jonathan D. Ostry, Anthony C.K. Tan
  • Summary: Asian economies are performing better than expected.
• When it Comes to Services vs. Manufacturing, Words Matter
  • Published: February 16, 2021
  • Authors: Reda Cherif, Fuad Hasanov
• When Inequality is High, Pandemics Can Fuel Social Unrest
  • Published: December 11, 2020
  • Authors: Tahsin Saadi Sedik, Rui Xu
• Engines Not Yet in Sync: A Multispeed Recovery in Asia
  • Published: October 21, 2020
  • Authors: Jonathan D. Ostry
• Guilt, Gender, and an Inclusive Recovery: A Lesson from Japan
  • Published: September 9, 2020
  • Authors: Chie Aoyagi
  • Summary: Japan’s voluntary month-and-a-half shutdown of the economy in April due to COVID-19 has had a higher cost for women than men. A key reason: a “guilt gap” between women and men, where women often feel compelled to take on more professional sacrifices.
• Reopening Asia: How the Right Policies Can Help Economic Recovery
  • Published: June 30, 2020
  • Authors: Chang Yong Rhee
  • Summary: For the first time in living memory, Asia’s growth is expected to contract by 1.6 percent—a downgrade to the April projection of zero growth.
• Emerging from the Great Lockdown in Asia and Europe
  • Published: May 12, 2020
  • Authors: Poul M. Thomsen
  • Summary: Several countries in Asia and Europe, where the COVID-19 outbreak appears to have peaked, are gradually reopening their economies.
• A “New Deal” for Informal Workers in Asia
  • Published: April 30, 2020
  • Authors: Era Dabla-Norris
• A Post-Coronavirus Recovery in Asia—Extending a “Whatever it Takes” Lifeline to Small Businesses
  • Published: April 23, 2020
  • Authors: Kenneth Kang
• COVID-19 Pandemic and the Asia-Pacific Region: Lowest Growth Since the 1960s
  • Published: April 15, 2020
• Demographics and Destiny
  • Published: March 2, 2020
  • Authors: Gita Bhatt
• When the Night Lights Go On in Asia
  • Published: September 24, 2019
  • Authors: Jiaxiong Yao
• China’s Digital Dividend
  • Published: February 6, 2019
  • Authors: Longmei Zhang, Sally Chen
• Chart of the Week: Japan Grows Older
  • Published: January 14, 2019
  • Authors: The Editors
• The Digital Accelerator: Revving Up Government in Asia
  • Published: September 26, 2018
  • Authors: Vitor Gaspar, Chang Yong Rhee
• Chart of the Week: The Digital Divide in Asia
  • Published: September 25, 2018
  • Authors: The Editors
• Asia Needs More Access to Financial Services to Grow
  • Published: September 18, 2018
  • Authors: Sarwat Jahan, Elena Loukoianova, Cormac Sullivan, Yongzheng Yang
• Chart of the Week: Invest in Robots and People in Asia
  • Published: August 29, 2018
  • Authors: The Editors
  • Summary: More complex work that could only be done by humans can now be done by machines.
• Shifting Tides: Policy Challenges and Opportunities for the G-20
  • Published: July 18, 2018
  • Authors: Christine Lagarde
• Chart of the Week: Japan’s Robots
  • Published: June 12, 2018
  • Authors: The Editors
• Catch-Up Prospects in Emerging Economies: A Glass One Quarter Empty
  • Published: November 6, 2017
  • Authors: The Editors
• Aging Japan Puts a Strain on the Financial System
  • Published: August 10, 2017
  • Authors: Gaston Gelos, Sònia Muñoz
• Chart of the Week: A Golden Aging for Vietnam?
  • Published: July 17, 2017
  • Authors: The Editors
• What We Have Seen and Learned 20 Years After the Asian Financial Crisis
  • Published: July 13, 2017
  • Authors: Mitsuhiro Furusawa
• Chart of the Week: Why Energy Prices Matter
  • Published: June 5, 2017
  • Authors: The Editors
• Emerging Economy Consumers Drive Infrastructure Needs
  • Published: May 4, 2017
  • Authors: Paolo Mauro
• Chart of the Week: The Cost of Asia’s Aging
  • Published: May 1, 2017
  • Authors: The Editors
• Asia’s Ascent into the Global Economy
  • Published: February 15, 2017
  • Authors: iMFdirect
• Can Raising Japan's Minimum Wage Accelerate Wage Growth?
  • Published: November 28, 2016
  • Authors: Luc Everaert, Giovanni Ganelli
• The Overwhelming Case for a Carbon Tax in China
  • Published: July 27, 2016
  • Authors: Ian Parry, Philippe Wingender
• Reducing Inequality in Asia: Sharing the Growth Dividend
  • Published: May 24, 2016
  • Authors: Sonali Jain-Chandra, Kalpana Kochhar, Tidiane Kinda
• Who Wins and Who Loses As China Rebalances
  • Published: May 12, 2016
  • Authors: Serkan Arslanalp, Thomas Helbling, Jaewoo Lee, Koshy Mathai
  • Summary: China’s economy leaves nobody indifferent. The world is watching closely as the second largest economy in the world is shifting its growth model from an export-driven one to one centered on household consumption.
• Managing China’s Economic Transition
  • Published: October 5, 2015
• A Strategy for Resolving Europe’s Problem Loans
  • Published: September 24, 2015
  • Authors: Shekhar Aiyar, Anna Ilyina
• With China Slowing, Faster Reforms Critical to Generate Jobs
  • Published: September 16, 2015
  • Authors: Xiaoguang Liu, Alfred Schipke, Raphael Lam
• Multi-Track Monetary Policies in Advanced Economies: What This Means for Asia
  • Published: April 27, 2015
  • Authors: James Daniel, Rachel van Elkan
• Spring Meetings Redux!
  • Published: April 23, 2015
  • Authors: Sabina Bhatia
• Global Economy Faces Strong and Complex Cross Currents
  • Published: January 19, 2015
  • Authors: Olivier Blanchard
• Asia’s Seismic Shift: How Can the Financial Sector Serve Better?
  • Published: July 21, 2014
  • Authors: Min Zhu
• When You Move, I Move: Increasing Synchronization Among Asia’s Economies
  • Published: May 5, 2014
  • Authors: Romain Duval
• Reducing Risks in Asia with Macroprudential Policies
  • Published: April 30, 2014
  • Authors: Edda Zoli
• Myanmar: Awakening to Countless Possibilities
  • Published: December 9, 2013
  • Authors: Christine Lagarde
• Korea: Keeping It Dynamic
  • Published: December 6, 2013
  • Authors: Christine Lagarde
• Cambodia: Moving Beyond The Frontier
  • Published: December 4, 2013
  • Authors: Christine Lagarde
• Back to Asia
  • Published: November 29, 2013
  • Authors: Christine Lagarde
• A Wish List for China’s Third Plenum
  • Published: October 22, 2013
  • Authors: Anoop Singh
• Japan’s Abenomics: Time to Take Stock
  • Published: October 21, 2013
  • Authors: Anoop Singh
• Inclusive and Sustained Growth in Asia: The Role of Fiscal Policy
  • Published: May 8, 2013
  • Authors: Anoop Singh
• Emerging Asia: At Risk of the “Middle-Income Trap”?
  • Published: April 29, 2013
  • Authors: Anoop Singh
• Latin American Firms: Keeping Corporate Vulnerabilities in Check
  • Published: December 17, 2012
  • Authors: María González-Miranda
• Japan Stands Up
  • Published: August 1, 2012
  • Authors: Jerry Schiff
• Imagining If Key Foreign Banks Start Reducing Their Exposure in Asia
  • Published: June 11, 2012
  • Authors: Anoop Singh
• Closer, Ever Closer
  • Published: May 17, 2012
  • Authors: Anoop Singh
• The Art of Shifting Gear
  • Published: April 27, 2012
  • Authors: Anoop Singh
• Going Broke? Why Pension Reforms Are Needed in Emerging Economies
  • Published: April 6, 2012
  • Authors: Mauricio Soto
• India: Linked or De-linked from the Global Economy?
  • Published: October 25, 2011
  • Authors: Anoop Singh
• The Other Rebalancing: Asia’s Quest for Inclusive Growth
  • Published: October 17, 2011
  • Authors: Anoop Singh
• Dealing with Uncertain Economic Times: The Outlook for Asia
  • Published: October 13, 2011
  • Authors: Anoop Singh
• Global Growth Hits a Soft Patch
  • Published: June 17, 2011
  • Authors: Olivier Blanchard
• Capital Flows to Asia Revisited: Monetary Policy Options
  • Published: June 2, 2011
  • Authors: Anoop Singh
• Keeping Asia from Overheating
  • Published: May 19, 2011
  • Authors: Anoop Singh
• Asia’s Supply Chain and Global Rebalancing
  • Published: May 11, 2011
  • Authors: Anoop Singh
• Tipping the Scales—Rebalancing Growth in Asia
  • Published: April 29, 2011
  • Authors: Anoop Singh
• The Next Phase of Asia’s Economic Growth
  • Published: April 28, 2011
  • Authors: Anoop Singh
• Nanjing and the New International Monetary System
  • Published: March 31, 2011
  • Authors: Dominique Strauss-Kahn
• Healing Public Health Care Finances: Budget Reforms That Work
  • Published: February 8, 2011
  • Authors: Benedict Clements
• Getting the Diagnosis Right: Avoiding a Housing Price Bubble in Hong Kong SAR
  • Published: December 21, 2010
  • Authors: Nigel Chalk
• What Drives Inflation in Asia and Why it Matters
  • Published: November 1, 2010
  • Authors: Anoop Singh
• Investing in a Rebalancing of Growth in Asia
  • Published: October 25, 2010
  • Authors: Anoop Singh
• Sustaining Asia’s Recovery
  • Published: October 21, 2010
  • Authors: Anoop Singh
• Listening to and Learning from Asia
  • Published: July 15, 2010
  • Authors: Dominique Strauss-Kahn
• Turning up the Volume—Asia's Voice and Leadership in Global Policymaking
  • Published: July 11, 2010
  • Authors: Naoyuki Shinohara
• Continuing the Momentum—Asia’s Updated Economic Outlook
  • Published: July 9, 2010
  • Authors: Anoop Singh
• Asia and the IMF: A Closer Engagement
  • Published: July 9, 2010
  • Authors: Anoop Singh
• Asia’s Economy to Grow by 50% in Five Years
  • Published: June 15, 2010
• Asia: The Challenge of Capital Inflows
  • Published: May 18, 2010
  • Authors: Anoop Singh
• Asia: Exiting from Stimulus in an Uncertain World
  • Published: May 12, 2010
  • Authors: Anoop Singh
• Asia: Leading the Global Recovery
  • Published: April 29, 2010
  • Authors: Anoop Singh
• More Asian Geese Ready to Fly
  • Published: March 22, 2010
  • Authors: Anoop Singh

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Source: https://www.imf.org/en/blogs/regions/ASP