"China's reform and opening-up have contributed to its long-term and rapid economic development, resulting in a much stronger economic strength and much better life for its people. Meanwhile, the deepening economic integration between China and the world has resulted in an increasingly complex...

Cover -- Contents -- Highlights -- The economic setting -- Country updates -- Policy briefs Long-run growth forecasts for Asia: Opportunities and challenges for the Pacific economies -- Fiscal management challenges in Papua New Guinea and Timor-Leste -- Update on fiscal modeling efforts in the...