Managing Household Debt: Korea’s Strategic Use of the DSR Framework
June 25, 2025
The Korean authorities introduced the Debt Service Ratio (DSR) framework to assess a borrower’s ability to service debt based on annual income.
June 25, 2025
The Korean authorities introduced the Debt Service Ratio (DSR) framework to assess a borrower’s ability to service debt based on annual income.
January 31, 2024
We invite submissions of papers on global financial stability issues including rise in global interest rates, debt overhang, global payment systems, and more.
December 11, 2023
In an interview with Channel NewsAsia’s Jill Neubronner, AMRO Group Head and Lead Economist Kevin Cheng shared some insights from AMRO’s inaugural ASEAN+3 Financial Stability Report (AFSR).
December 5, 2023
Download presentation on the the launch of the ASEAN+3 Financial Stability Report.
December 1, 2023
Excessive corporate debt has historically served as a harbinger of economic troubles.
May 3, 2023
The ASEAN+3 Macroeconomic Research Office (AMRO), the European Stability Mechanism (ESM), and the Latin American Reserve Fund (FLAR) initiated this annual joint research seminar series in 2017.
December 27, 2022
Launching a loan restructuring program, or similar initiatives such as loan repayment assistance or a loan moratorium, is common practice among ASEAN+3 governments responding to the financial distress caused by the COVID-19 pandemic.
December 20, 2022
This paper quantifies the likelihood of spillovers to emerging ASEAN-4 economies and Korea from shifts in US monetary policy.
October 27, 2022
Bond market development and integration with international capital markets are hallmarks of economic growth.
September 9, 2022
The COVID-19 pandemic brought widespread concern and financial distress to individuals and businesses − and ASEAN+3 governments responded with a wide array of macro-financial measures.