Crisis-Proofing the Future: Strengthening the International Financial System
June 5, 2025
Addressing economic crises requires more than vigilance, it requires agility, innovation, and above all, cooperation.
June 5, 2025
Addressing economic crises requires more than vigilance, it requires agility, innovation, and above all, cooperation.
May 4, 2025
I. Introduction 1. The 28th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM+3) took place on 4 May 2025 in Milan, Italy under the co-chairmanship of H.E. Datuk Seri…
May 3, 2024
I. Introduction 1. The 27th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM+3) was convened on 3 May 2024 under the co-chairmanship of H.E. Santiphab Phomvihane, Minister of Finance…
January 9, 2024
The underutilization of CMIM facilities during recent crises highlights the need to reevaluate the effectiveness of ASEAN+3 region’s financial safety net.
May 2, 2023
Alex Liyang Tang, Chiang Yong (Edmond) Choo, Hoang Nam Nguyen, Li Lian Ong, Prashant Pande, Toàn Long Quách, Yin Fai Ho
Financial digitalization (FinDig) is changing the landscape of the international monetary and financial system.
May 2, 2023
The ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting (The Meeting) was convened on 2 May 2023 under the co-chairmanship of H.E. Sri Mulyani Indrawati, Minister of Finance of the Republic of Indonesia, H.E. Perry Warjiyo, Governor of Bank Indonesia, H.E. Shunichi Suzuki, Minister of Finance of Japan, and H.E. Kazuo Ueda, Governor of the Bank of Japan.
November 23, 2022
Andrea Salvador, Chanthevivanh Keobounphanh
The cases of the Philippines and Indonesia are among the reasons why the CMIM has never been tapped.
October 14, 2022
Since 1958, two years after joining the International Monetary Fund (IMF),
September 28, 2022
With a total financing capacity of USD240 billion, the Chiang Mai Initiative Multilateralisation (CMIM) is the world’s second largest regional financing arrangement (RFA) among active RFAs, after the European Stability Mechanism (ESM) and much larger than most other arrangements in non-European regions.
May 24, 2022
Diwa C. Guinigundo, Hoe Ee Khor, Masahiro Kawai
This book takes stock of and analyzes the events during the Asian financial crisis (AFC) and subsequent developments, including the global financial crisis (GFC).