April 29, 2024
This policy perspective paper assesses the recent fiscal developments and outlook in ASEAN+3 member economies, and discusses the policy issues to strike the right balance between restoring fiscal buffers and carrying out an active fiscal policy, while transitioning to fiscal normality.
April 25, 2024
The near-term outlook for the Korean economy has improved, supported by the recovery of exports, and inflation is expected to decline further toward the target.
April 17, 2024
This paper estimates and simulates a small open economy model for assessing Korea’s monetary and fiscal policy performance between 2005 and 2022.
April 15, 2024
This paper sheds light on pandemic-related central bank balance sheet tools and ensuing normalization, with a particular focus on ASEAN-4 economies.
April 11, 2024
Using the IMF-University of Oxford University PortWatch spillover simulator to analyze the impact of the Baltimore accident on ASEAN+3 trade, the note shows that immediate, direct repercussions for the ASEAN+3 region are small, as is the impact on its network of supply chains.
April 9, 2024
After weakening in the first half of 2023, the Vietnamese economy gathered momentum in the second half of the year. The economic growth is expected to pick up moderately in 2024.
April 8, 2024
The stronger growth for ASEAN+3 this year will be mainly driven by robust domestic demand, underpinned by increasing household incomes and recovering investment activity.
April 2, 2024
Indonesia’s economy continued to perform robustly, led by resilient domestic consumption and strengthening investment.
March 19, 2024
This note shows that an economy needs to retain more GVC stages to support the development of domestic firms and increase domestic value-added, and that it should move toward more upstream positions in GVCs to capture a larger share of value-added.
March 7, 2024
The Japanese economy is forecast to grow at a steady pace of 1.1 percent in 2024 after a strong recovery of 1.9 percent in 2023.The Japanese economy is forecast to grow at a steady pace of 1.1 percent in 2024 after a strong recovery of 1.9 percent in 2023.
