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Blogs

Strengthening Korea’s Local Public Finances

June 4, 2026

Byunghoon Nam

The management of resources by local governments is crucial to Korea’s overall fiscal performance.

Blogs

Making Tax Incentives Work Better in ASEAN+3

May 29, 2026

Byunghoon Nam

To maximize benefits and contain costs, tax incentives should be anchored in three key pillars: design, management, and governance.

Blogs

Living with High Debt in Japan – Why Market Valuation Matters

May 13, 2026

Aruhan Rui Shi, Koon Hui Tee, Paolo Hernando

Japan currently does not face immediate financing stress. The structure of the JGB market remains favorable.

Blogs

Resilience and Policy Flexibility in ASEAN+3: Navigating the New Energy Shock

April 14, 2026

Yasuto Watanabe

Preserving policy flexibility while strengthening regional cooperation, will be critical to sustaining stability, resilience, and growth across ASEAN+3.

Blogs

ASEAN+3: Navigating Emerging Risks and Structural Headwinds Through Stronger Fiscal Management

April 13, 2026

Byunghoon Nam, Seung Hyun (Luke) Hong

After several years of strong fiscal support to weather successive shocks, policymakers are now facing a challenging balancing act.

Blogs

Much Ado About Nothing? Understanding Singapore’s High Gross Public Debt

April 7, 2026

Koon Hui Tee

Singapore’s public debt is largely used to meet specific long-term objectives.

Blogs

Governments Must Focus on Spending Better, Not More

March 11, 2026

Seung Hyun (Luke) Hong

Making spending more productive begins with better allocation, effective implementation, and robust institutions to support this process.

Blogs

Singapore’s Special Transfers Expenditure: A Strategic Fiscal Approach to Resource Allocation

March 10, 2026

Koon Hui Tee, Seung Hyun (Luke) Hong

Special transfers expenditure has evolved into a key fiscal instrument—designed to respond to short-term pressures and advance long-term socio-economic priorities.

Blogs

Fiscal Fortitude Amid Global Shifts: ASEAN+3 Charts the Path Forward

December 17, 2025

Aziz Durrani

As the global economy navigates a complex recovery, fiscal policy has become central to building economic resilience, especially in ASEAN+3.

Blogs

From Number to Narratives: Building Trust in Fiscal Policy

December 15, 2025

Seung Hyun (Luke) Hong

Achieving fiscal sustainability goes beyond balancing the books. It is about building a collective understanding of the future we are preparing—together.

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