Resilience and Policy Flexibility in ASEAN+3: Navigating the New Energy Shock
April 14, 2026
Preserving policy flexibility while strengthening regional cooperation, will be critical to sustaining stability, resilience, and growth across ASEAN+3.
April 14, 2026
Preserving policy flexibility while strengthening regional cooperation, will be critical to sustaining stability, resilience, and growth across ASEAN+3.
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.
April 7, 2026
Singapore’s public debt is largely used to meet specific long-term objectives.
March 11, 2026
Making spending more productive begins with better allocation, effective implementation, and robust institutions to support this process.
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.
December 17, 2025
As the global economy navigates a complex recovery, fiscal policy has become central to building economic resilience, especially in ASEAN+3.
December 15, 2025
Achieving fiscal sustainability goes beyond balancing the books. It is about building a collective understanding of the future we are preparing—together.
September 29, 2025
Seung Hyun (Luke) Hong, Yasuto Watanabe
Meaningful domestic revenue reform requires more than technical fixes. Policymakers will need to rationalize tax incentives, strengthen administrative capacity, and bring informal sectors into the formal tax system.
August 21, 2025
ASEAN+3 economies face a fiscal policy crossroads as they confront both external headwinds and domestic structural challenges.
August 14, 2025
A confluence of structural shifts has sparked fresh debate over how fiscal policy should be recalibrated to support near-term growth while fostering long-term resilience.