​A quiet recovery in 2017, was overshadowed by more attention-grabbing headlines on deepening political divisions and a shift towards the right in the United States and the United Kingdom. But in 2018, the recovery is likely to come into sharper focus as major world economies operate in sync for the first time in a decade.

There are reasons to be positive about the outlook for 2018, but it is also important to look at downside risks, which are likely to arise mainly from increasing private indebtedness and potential intensification of geopolitical tensions.

​The economies of Asia seem to be set to enjoy another year of faster growth in 2018, given the structural reforms and greater stability in many of the countries, infrastructure spending finding a key place in most countries' list of priorities, and the ongoing recovery in global demand.

​As we look at what’s ahead for 2018, it’s important to take a closer country-and-territory-specific look to uncover shared trends and collective insights across the Asia Pacific landscape.