ASEAN at a Crossroads: Pathways for Deeper Economic Integration
April 6, 2026
This paper argues that the persistence of modest intra-ASEAN integration reflects structural constraints that trade liberalization initiatives alone cannot resolve.
April 6, 2026
Allen Ng, Catharine Kho, Haobin Wang, Jun Ee Yohnsen Ang, Kriti Andhare, Naoaki Inayoshi, Yuhong Wu
This paper argues that the persistence of modest intra-ASEAN integration reflects structural constraints that trade liberalization initiatives alone cannot resolve.
April 6, 2026
This paper embeds the option value of waiting into a standard monetary policy framework to analyze optimal monetary policy under disturbance uncertainty.
January 21, 2026
Allen Ng, Catharine Kho, Haobin Wang, Jun Ee Yohnsen Ang, Kriti Andhare, Megan Chong, Naoaki Inayoshi, Yuhong Wu
In the January 2026 update of the AREO, AMRO projects growth of the ASEAN+3 region to moderate to 4.0 percent in 2026.
December 2, 2025
Allen Ng, Benyaporn Chantana, Haobin Wang, Ravisara Hataiseree, Xianguo (Jerry) Huang, Yuhong Wu
Thailand’s growth is projected to slow to 2.2 percent in 2025 and 1.9 percent in 2026.
December 2, 2025
Allen Ng, Benyaporn Chantana, Haobin Wang, Ravisara Hataiseree
Thailand is seeing a promising surge of foreign direct investment inflows amid its structural transition toward new growth sectors.
October 9, 2025
Allen Ng, Catharine Kho, Haobin Wang, Jun Ee Yohnsen Ang, Kriti Andhare, Naoaki Inayoshi, Yuhong Wu
AMRO forecasts the ASEAN+3 region to grow 4.1 percent in 2025 and 3.8 percent in 2026.
July 23, 2025
Allen Ng, Catharine Kho, Haobin Wang, Jun Ee Yohnsen Ang, Kriti Andhare, Naoaki Inayoshi, Yuhong Wu
AMRO forecasts the ASEAN+3 region to grow at region to grow at 3.8 percent in 2025 and 3.6 percent in 2026.
June 10, 2025
Allen Ng, Haobin Wang, Kouqing Li, Yuhong Wu
The Trilateral Economic Report (TER) is a flagship publication by the Trilateral Cooperation Secretariat (TCS), which outlines the economic landscape and policy implications of China, Japan, and Korea. This year’s…
April 15, 2025
Allen Ng, Andrew Tsang, Anthony Tan, Byunghoon Nam, Catharine Kho, Chunyu Yang, Fan Zhai, Haobin Wang, Jade Vichyanond, Jinho Choi, Jungsung Kim, Lay Lay Aung, Megan Chong, Naoaki Inayoshi, Nguyen Thi Kim Cuc, Pim-orn Wacharaprapapong, Poh Lynn Ng, Seung Hyun (Luke) Hong, Tanyasorn Ekapirak, Vanne Khut, Wanwisa May Vorranikulkij, Wee Chian Koh, Xianguo (Jerry) Huang, Yuhong Wu
The ASEAN+3 region maintained stable growth of 4.3 percent in 2024 despite various uncertainties and is positioned to remain resilient.
April 15, 2025
Allen Ng, Haobin Wang, Megan Chong
ASEAN+3 delivered a resilient performance in 2024, growing by 4.3 percent despite an uncertain global environment.