Local Fiscal Multipliers of Infrastructure Spending in the Philippines: Evidence from Regional Data
March 11, 2026
This note highlights that higher local infrastructure spending in the Philippines significantly boosts economic growth.
March 11, 2026
This note highlights that higher local infrastructure spending in the Philippines significantly boosts economic growth.
March 4, 2026
This analytical note offers a comprehensive assessment of Vietnam’s infrastructure landscape, highlighting key milestones and remaining challenges while outlining relevant policy implications.
July 13, 2023
The demand for infrastructure projects in Indonesia is still high, leading the government to encourage further private-sector participation, especially in funding. There are several schemes to mobilize private money.
January 18, 2023
ASEAN+3 member economies have rolled out fiscal stimulus measures to protect both lives and livelihoods against the COVID-19 pandemic.
December 31, 2019
Indonesia’s economic prospects have been solid despite external headwinds, supported by a large-scale infrastructure investment program and the continuation of structural reforms, according to the 2019 Annual Consultation Report on Indonesia published by the ASEAN+3 Macroeconomic Research Office (AMRO) today.
June 27, 2019
Despite its disruptive effects, the ASEAN+3 economies can harness technology for job creation and sustainable economic growth. To successfully do so, regional economies need to create a technology-friendly ecology by investing in hard and soft infrastructure. This insight was shared by government officials, economists, and private sector representatives during a seminar entitled “Building Capacity and Connectivity for the New Economy in East Asia” co-organized by the ASEAN+3 Macroeconomic Research Office (AMRO) and the Bangko Sentral ng Pilipinas (BSP) on June 19 in Manila. This seminar is part of AMRO’s outreach program to introduce key findings of its flagship report, the ASEAN+3 Regional Economic Outlook (AREO) 2019, which is published in early May. It attracted an audience of 80 participants from both the public and private sectors.
June 10, 2019
Improvements to both soft and hard infrastructure, with a focus on environmental, social, and governance, will be key for East Asia to keep up its growth momentum and reap the benefits of the new economy.
May 24, 2019
Our previous blog article discussed the key drivers of East Asia’s transformation from the conventional “manufacturing for exports” strategy to a more broad-based “new economy”, and considered some of the region’s efforts to strengthen its capacity and connectivity.
May 23, 2019
East Asia’s growth model is transforming, surely and rapidly.
May 1, 2019
ASEAN+3 economies, after two decades of prospering with the “manufacturing-for-exports” strategy, should now focus on building capacity and connectivity to leverage on the Fourth Industrial Revolution in order to sustain growth in the new economy.