1. Market Research
Country Forecast Asia May 2018

Country Forecast Asia May 2018

  • May 2018
  • ID: 359615
  • Format: PDF
  • By The Economist Intelligence Unit


Table of Contents

Search Inside

Political stability

The Economist Intelligence Unit expects Asia's political scene over the forecast period (2018-22) to be dominated by China's president, Xi Jinping, and India's prime minister, Narendra Modi. Both are the strongest leaders of their countries in decades and will retain power throughout the next five years. In 2019 presidential and parliamentary elections will be held simultaneously for the first time in Indonesia, and we expect the incumbent president, Joko Widodo, to secure a second term. Japan poses the biggest question mark among the "big four". We expect the Liberal Democratic Party to remain in power, but the embattled prime minister, Shinzo Abe, is likely to be replaced as its leader. Elsewhere, the Liberal-National government in Australia is one of the few set to lose power, although this is partly because polls in many other places in the region, such as Cambodia, will not be held in a fair environment. Slow progress will be made towards peace on the Korean peninsula following a constructive inter-Korean summit-the first in more than a decade-in April 2018.

Economic outlook

We forecast that real GDP in Asia and Australasia will grow by an average of 4.2% a year in 2018-22, down only marginally from 4.3% in 2013-17. The outlook is broadly positive across the region, despite a more pronounced slowdown anticipated in China in 2021-22. Growth will be underpinned by solid economic expansions in that country and in India. Despite its deep structural constraints, Japan's economy will also achieve its longest streak of economic growth since the 1980s. South Asia will be the fastest-growing subregion, although this will be from a relatively low base. Growth in the Association of South-East Asian Nations (ASEAN) will be solid at 4.7% a year on average in 2018-22.

Business environment rankings

The divide between the business environment in the best-performing countries in Asia (such as Singapore) and the worst (such as Pakistan) will remain huge. Vietnam and Indonesia will make the most progress in enhancing their business environment scores in 2018-22, with the former surpassing China in our rankings. India's environment will also improve as infrastructure invest-ment rises and foreign-investment regulations are liberalised, but its global rank will be steady. Free-trade agreements between several countries in the region will help to reduce barriers to trade and investment. The ASEAN Economic Community will also promote integration within the bloc, although the implementation of pending policy initiatives will remain uneven.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Asia-Pacific Cross-Border B2C E-Commerce 2020

  • $ 2100
  • February 2020
  • 99 pages

China leads Asia-Pacific’s cross-border E-Commerce trendCross-border online shopper penetration rises in Asia-PacificCross-border B2C E-Commerce is gaining popularity among consumers in Asia-Pacific. ...


Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on