ABOUT THE PACIFIC ECONOMIC COOPERATION COUNCIL
The Pacific Economic Cooperation Council (PECC) is a non-profit, policy-oriented, regional organization dedicated to the promotion of a stable and prosperous Asia-Pacific. Founded in 1980, PECC brings together thought-leaders from business, civil society, academic institutions, and government in a non-official capacity. Together, PECC members anticipate problems and challenges facing the region, and through objective and rigorous analysis, formulate practical solutions. The Council serves as an independent forum to discuss cooperation and policy coordination to promote economic growth and development in the Asia-Pacific. PECC is one of the three official observers of the APEC process.
www.pecc.org
The State of the Region report is a product of a taskforce established by the governing body of PECC. While efforts are made to ensure that the views of the PECC members are taken into account, the opinions and the facts contained in this report are the sole responsibility of the authors and editorial committee and do not necessarily reflect those of the member committees of PECC, nor their individual members.
Copyright © 2023 by the PECC International Secretariat
EDITORIAL COMMITTEE
Eduardo PEDROSA
Secretary General, PECC International Secretariat / Coordinator of State of the Region
Christopher LANGMAN
AUSPECC/ Chair
Sharon Zhengyang SUN
CANCPEC
ZHAO Yali
CNCPEC/ Vice Chair
Yose Rizal DAMURI
INCPEC/ Co-Chair
Kenichiro SASAE
JANCPEC/ Chair
Chul CHUNG
KOPEC/ Vice Chair
Gerard TRASLOSHEROS
MXCPEC/Chair
Alan BOLLARD
NZPECC/Chair
TAN Khee Giap
SINCPEC/Chair
Chien-Yi CHANG
CTPECC/Chair
Charles E. MORRISON
USPECC
VO Tri Thanh
VNCPEC/Chair
Contents
Asia-Pacific Economic Outlook.
Section 1: Towards a Sustainable Recovery.
Slower Regional Growth.
Section 2: Inflation: Higher for Longer.
Section 3: Rising Concerns Over Climate Change.
Section 4: Rising Protectionism and Geo-Economic Fragmentation.
Section 5: Towards an Inclusive Recovery.
Section 6: Towards More Inclusive Trade.