State of the Region 2017-2018

PECC: State of the Region Survey: Detailed Results

The report can be viewed and downloaded from the PECC website at: http://www.pecc.org/research/state-of-the-region

A total of 722 opinion-leaders from 28 economies including all 21 APEC members responded to this year’s survey.

Some of the key findings of the survey are:

Economic Outlook

• 41% of respondents expect stronger growth for the global economy over the next 12 months
• 40% expect stronger growth for China over the next 12 months
• 38% expect stronger growth for the US over the next 12 months

Top 5 Risks to Growth

• Increased protectionism
• Lack of political leadership
• A slowdown in the Chinese economy
• Possible slowdown in world trade growth
• Failure to implement structural reforms

Top Priorities for APEC leaders

• Promoting sustainable, innovative and inclusive growth through the APEC growth strategy
• The emergence of anti-globalization & anti-trade sentiments
• Progress towards the Bogor Goals and the Free Trade Area of the Asia-Pacific (FTAAP)