博鳌亚洲论坛亚洲竞争力2017年度报告英文版_96页_25mb

Boao Forum for Asia - Asian Competitiveness Annual Report 2017 Summary

Core Content

The Boao Forum for Asia - Asian Competitiveness Annual Report 2017 provides an in-depth analysis of the economic situation and outlook for Asia in 2016, highlighting the challenges and opportunities in the region's economic development. The report is published by Foreign Economic Relations University Press and includes detailed evaluations and insights into the competitiveness of various Asian economies.

Main Views and Key Information

1. Global Economic Shift and Asia's Challenges

• Global Economic Transformation: The world economy shifted from a "big triangle" model (European and American financial leveraged consumption, East Asian production with China at the center, and third-world energy resource supply) to a competitive model among North America, East Asia, and Europe.
• Worsened Regional Development Environment: The economic situation of Asia deteriorated further in 2016 due to the shrinking of international markets and the retraction effect of global industry and value chains.
• Impact of Developed Economies: Developed economies focused on competing for international markets and shifting their strategies from expanding the global industry chain upstream to downstream competition, leading to a reduction in the international market's growth potential and increased pressure on Asian economies.
• Trade Protectionism and De-Globalization: The rise of trade protectionism and de-globalization led to a contraction of global trade and a decline in economic growth for many countries.

2. Asian Economic Development and Regional Cooperation

• Asia's Economic Transformation: 2016 was a key year for Asia's economic transformation, with the region exploring new paths and governance plans to address the challenges posed by the global economic environment.
• Regional Economic Cooperation: Asia's regional economic cooperation accelerated, showing characteristics of leadership, cross-regional collaboration, and progressivity. The "Belt and Road Initiative" was further promoted, and the tendency for market cooperation to become more localized became evident.
• Trade Network Polarization: The trade network in Eurasia showed an integration tendency, with Asian economies forming a more cohesive regional economic system despite the prevalence of de-globalization.

3. Competitiveness Evaluation and Analysis

• Target Economies: The report evaluates the competitiveness of various Asian economies, including the "Four Tigers of Asia", Traditional Developed Economies, Asian BRICs Countries and Mongolia, Emerging ASEAN Economies and Timor-Leste, Middle and West Asian Resource Exporters, and Other South Asian Countries.
• Comprehensive Rankings: Comprehensive rankings of Asian economies are provided based on indices such as Commercial and Administrative Efficiency, Infrastructure Level, Overall Economic Strength, and Social Development.
• Key Economies: Detailed sub-index radar charts are presented for major economies like Singapore, China's Hong Kong, South Korea, China's Taiwan, Japan, Israel, Australia, New Zealand, China, India, Mongolia, Malaysia, Thailand, Vietnam, Philippines, Indonesia, Cambodia, Timor-Leste, Bahrain, Kuwait, Qatar, Saudi Arabia, UAE, Turkey, Iran, Azerbaijan, Georgia, Armenia, Jordan, Oman, Kazakhstan, Kyrgyzstan, and Tajikistan.

4. Pathways for Economic Recovery and Global Governance

• Global Governance Reform: The report emphasizes the need for reform in global governance to create more international market increment and promote economic growth.
• Pareto Improvement and Multilateral Cooperation: The G20 is highlighted as a key platform for global economic governance, and the report calls for its role to be maximized through Pareto improvement and multilateral cooperation.
• Technological Innovation and Global Governance: The improvement of technological revolution and innovation is stressed as a critical factor for the development of high-end markets. The report suggests that global governance should shift its focus to the low-end market and the creation of international market increment.

5. Future Outlook

• Positive Economic Transformation: Despite the challenges, Asia is expected to demonstrate the power of market cooperation and lead the world out of the economic downturn.
• Security and Stability: The report anticipates improvements in the security environment and effective governance of international terrorism.
• Sustainable Development: Asia is expected to provide a more sustainable driving force for global economic development.

Structure and Content Highlights

• Table of Contents: Includes sections on the economic situation and outlook, regional economic cooperation, competitiveness evaluation, and detailed analysis of individual economies.
• List of Tables: Provides comprehensive rankings of Asian economies based on various competitiveness indices.
• List of Figures: Includes radar charts for the competitiveness of different Asian economies, illustrating their performance across sub-indexes.
• Preface: Written by Zhou Wenzhong, the Secretary-General of the Boao Forum for Asia, outlines the key themes and the context of the report.

Conclusion

The Annual Report 2017 of the Boao Forum for Asia underscores the importance of market cooperation, global governance reform, and technological innovation in the context of a deteriorating global economic environment. It highlights the need for Asian economies to adapt to new challenges and opportunities, while contributing to a more sustainable and cooperative global economic system.