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.
July 21, 2022
Philippine banks experienced a significant increase in non-performing loans at the beginning of the COVID-19 pandemic in 2020.
May 24, 2022
Over the course of the COVID-19 pandemic, ASEAN+3 governments have had to undertake sizable fiscal spending to save lives and livelihoods.
April 6, 2022
The COVID-19 pandemic put tremendous pressure on company balance sheets in the ASEAN+3 region and elsewhere.
April 6, 2022
Japan’s sovereign credit rating has travelled along a downward trend over the last three decades, mainly due to the country’s subdued economic growth and deteriorating fiscal health.
April 5, 2022
Japan’s sovereign credit rating could fall one to three notches in the coming decade if the government does not implement a credible fiscal consolidation plan. This risk, which the ASEAN+3 Macroeconomic Research Office (AMRO) highlighted in its recent annual consultation report on the country, underlines the challenges facing Japanese policymakers at a time of mounting global economic turmoil.
