Regional Knowledge Hub
ASEAN+3 Finance Process

ASEAN+3 Macroeconomic Research Office

PRESS RELEASE

AMRO Announces the Appointment of Yasuto Watanabe as Director

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PRESS RELEASE

AMRO Announces the Appointment of Dong He as Chief Economist

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ASEAN+3 Regional Economic Outlook 2025

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WORKING PAPER

Debt Sustainability in Japan: Macroeconomic and Asset Pricing Perspectives

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BLOG

Enhancing Regional Payment Connectivity Across ASEAN+3 Economies

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Contributing to the macroeconomic and financial resilience and stability of the ASEAN+3 region

About AMRO
Videos
Watch: ASEAN+3 Positioned For Resilience Amid Unprecedented Trade Shocks
Watch the highlights of the ASEAN+3 Regional Economic Outlook 2025
Events
2nd ASEAN+3 Finance Think-tank Network (AFTN) Seminar
Under the theme Technology: Redefining Economic Paradigms for ASEAN+3, the 2nd AFTN Seminar focuses on the economic and financial implications of technological change and corresponding policy recommendations.
Blogs
The Post-Pandemic Fiscal Tightrope
As economies worldwide start to emerge from the inflation-fueled cost-of-living crisis that followed the COVID-19 pandemic, fiscal policymakers are confronting a sobering reality: they are not out of the woods yet.

Regional Knowledge Hub

Cooperation, Enhancement, Innovation

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ASEAN+3 Regional Economic Outlook 2025

ASEAN+3 Positioned for Resilience Amid Unprecedented Trade Shocks

The ASEAN+3 region maintained stable growth of 4.3 percent in 2024 despite various uncertainties and is positioned to remain resilient with the policy space to cushion near-term shocks. However, the outlook for the region faces significant headwinds from an unprecedented escalation of tariffs globally.

This year’s report features three chapters: Chapter 1 presents the near-term economic prospects and key risks for the region, including potential impacts of US trade policies; Chapter 2 analyzes post-pandemic inflation dynamics and their policy implications; and Chapter 3 examines the structural factors behind the region’s declining long-term growth potential, outlining five strategic policy priorities to reinvigorate sustainable economic development across the region.

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Publications and Blogs

Working Papers
Debt Sustainability in Japan: Macroeconomic and Asset Pricing Perspectives
This paper examines Japan’s fiscal position from the perspectives of the standard debt sustainability analysis and the asset pricing approaches.
Blogs
Enhancing Regional Payment Connectivity Across ASEAN+3 Economies
By enabling payments in local currencies, the RPC initiative eliminates unnecessary steps, reducing both costs and transaction time.
Analytical Notes
Is Declining FDI into China a Cause for Concern?
This analytical note aims to delve into the recent decline in China’s FDI inflows.

News and Media

Get the latest updates on ASEAN+3 macroeconomic and financial developments and learn more about AMRO’s activities.

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Press Releases
AMRO Announces the Appointment of Dong He as Chief Economist
The Executive Committee of AMRO has appointed Dong He as Chief Economist.
Press Releases
AMRO Announces the Appointment of Yasuto Watanabe as Director
The Executive Committee (EC) of AMRO has appointed Yasuto Watanabe as AMRO’s sixth Director.
Videos
Watch Replay: Launch of the ASEAN+3 Regional Economic Outlook 2025 Report
Watch the replay of the ASEAN+3 Regional Economic Outlook 2025 launch.
Videos
Watch: Revitalizing ASEAN+3's Long-term Growth Momentum
How can ASEAN+3 revitalize long-term growth?

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