Invitation to the Launch of the April 2017 Edition of the International Monetary Fund’s Regional Economic Outlook (REO) for Asia and the Pacific

SYNOPSIS

The Asia-Pacific region continues to be the world leader in growth, and recent data point to a pickup in momentum. We expect the region to expand by 5.5 percent in 2017, up from 5.3 percent in 2016. Accommodative policies will underpin domestic demand, offsetting tighter global financial conditions. However, risks to the outlook, on balance, are slanted to the downside. Inward-looking polices in major countries could suppress Asia’s trade, while the continued tightening of global financial conditions and economic uncertainty could trigger capital flow volatility. A bumpier-than-expected transition in China would also have large negative spillovers to the region. Beyond the short term, many parts of Asia face secular headwinds from population aging and slow productivity growth. These challenges call for domestic policies that support growth while boosting resilience and inclusiveness. To sustain long-term growth, structural reforms are needed to deal with challenges from demographic transition and to boost productivity.

You are invited to attend the launch of the International Monetary Fund's April 2017 Regional Economic Outlook. The presentation will discuss these issues, with a particular focus on the implications for Asia of population aging and slow productivity growth.

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