Publications

Indonesia´s short-term economic prospects are generally positive, but it remains vulnerable to sharply decreasing capital flows to emerging markets.

Japan´s export growth will slow down due to lower global trade expansion, but domestic demand will underpin the economic expansion of about 1% in 2019.

The export sector increasingly benefits from relocation of export-oriented industries away from China, due to Vietnam’s relatively low production costs.

Private consumption and public infrastructure investments sustain Thailand´s economic growth in 2019 and 2020, but high household debt remains an issue.

Economic growth is expected to slow down somewhat in 2019 and 2020, mainly due to lower export growth and the cooling down of the Chinese economic cycle.

Due to its high dependency on international trade, Singapore is highly susceptible to global protectionism and a hard landing of the Chinese economy.

Major infrastructure investment is necessary in order to increase private investments and to safeguard high economic growth rates in the long term.

Due to its high dependency on international trade, South Korea is highly susceptible to global protectionism and a hard landing of the Chinese economy.

Taiwan´s economic expansion is likely to moderate in 2019 and in 2020, as both global trade growth and mainland China´s import demand have cooled down.

After nearly a decade of annual improvements, 2019 is expected to mark the first year of insolvency growth since the crisis.