亚太地区经济展望-2017年第三季度.pdf

Asia Pacific Economic Outlook 3rd Quarter 2017 COVER IMAGE BY JESSICA MCCOURT Asia Pacific Economic Outlook CONTENTS 03 Australia Gearing up for better days, but challenges linger 07 Indonesia GDP growth unlikely to shoot up in 2017 15 Singapore Designing the future in the midst of uncertainty 23 South Korea Uncertain relations and a new president 26 About the authors 27 Additional resources 1 Asia Pacific Economic Outlook With exports driving growth last year and signs of global recovery becoming more visible, Australia seems to be moving toward better days. However, the economy has been facing challenges related to its labor market and domestic demand. Australia Gearing up for better days, but challenges linger By Rumki Majumdar Introduction boosted services exports, especially in tourism and education, resulting in an improved services trade With signs of global recovery recently becoming balance. more visible, Australia is probably moving toward The strong momentum in exports has continued in better days ahead. Despite a weak Q3, the econo- 1 2017 as well and is expected to remain throughout my grew at 2.5 percent in 2016. Exports were the this year. With LNG capacity set to increase over the primary driver of growth in the econom