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ASEAN+3 Macroeconomic Research Office

PRESS RELEASE

Launch of ASEAN+3 Finance Think-tank Network

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ANALYTICAL NOTE

The RISK from China’s Property Sector

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PRESS RELEASE

Cambodia: Restoring Policy Space and Diversifying Economy Essential for Resilience and Sustainable Growth

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PRESS RELEASE

Hong Kong, China: Sustaining Economic Recovery in the Face of Heightened Uncertainties

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PRESS RELEASE

The Philippines: Managing a Robust Recovery amid High Inflation and Structural Challenges

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

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Blogs
BOJ Will Need to Be More Flexible Given Inflation Uncertainties
Inflation has made a comeback in Japan, with the CPI surging as high as 4.3% this year, a level unseen for three decades. What should the BOJ do to strike a balance between stimulating economic growth and ensuring price stability?
Blogs
Stepping Up as a Trusted Policy Advisor and Thought Leader: AMRO Strategic Direction 2030
AMRO Director Kouqing Li talks about the organization’s new Strategic Direction 2030 and the evolving role of AMRO as the only international organization established under the ASEAN+3 Finance Process.
Tools and Databases
Global Credit Loss Rates (CLR)
Building upon the work of Hardy and Schmieder (2020), we derive time series of actual or realized, as well as forward-looking market- and macro-implied credit loss rates for the majority of jurisdictions around the world.

Regional Knowledge Hub

Cooperation, Enhancement, Innovation

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ASEAN+3 Regional Economic Outlook Update - July 2023

ASEAN+3 Growth Momentum to Remain Intact as Risks Recede

In the July 2023 update of the ASEAN+3 Regional Economic Outlook, the ASEAN+3 region is expected to grow by 4.6 percent this year, up from 3.2 percent last year. Although the ongoing weakness in global trade has prompted a slight reduction in the ASEAN growth forecast for 2023 to 4.5 percent from April’s projection of 4.9 percent, this will be offset by improving prospects in the Plus-3 economies.

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Publications and Blogs

Analytical Notes
The RISK from China’s Property Sector
In this note, we introduce AMRO’s Risk Identification and Signalling Kickoff (RISK) exercise, aimed at assessing systemic risks to the ASEAN+3 region.
Analytical Notes
Has the Shifting Trade Landscape Changed the China–ASEAN Nexus?
This issue analyzes China’s and ASEAN’s trade performance to assess (1) if their respective contributions have materially changed; and (2) China’s changing comparative advantage across sectors and how the rest of the region may be adjusting to benefit from it.
Annual Consultation Reports
AMRO’s 2023 Annual Consultation Report on Malaysia
The Malaysian economy rebounded strongly in 2022 driven by a strong recovery in domestic demand and robust export growth.

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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Newsletters
AMRO Monthly Roundup - September 2023
AMRO's monthly newsletter features our latest publications, commentaries, and events covering macroeconomic and financial stability issues in ASEAN+3. Subscribe now!
Speeches
Opening Remarks by AMRO Director Kouqing Li at the ASEAN+3 Finance Think-tank Network Memorandum of Cooperation Signing Ceremony
Press Releases
Launch of ASEAN+3 Finance Think-tank Network
The ASEAN+3 Macroeconomic Research Office (AMRO) and 20 leading research institutions launched the ASEAN+3 Finance Think-tank Network (AFTN) to foster cooperation and research toward regional macroeconomic and financial resilience and stability.
Press Releases
Cambodia: Restoring Policy Space and Diversifying Economy Essential for Resilience and Sustainable Growth
Cambodia’s economy continues to recover solidly on the back of a strong rebound in the services sectors.

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