The ASEAN+3 has been a recipient of increasingly large capital inflows over the past two decades amid intensifying financial globalization, namely, direct investment, portfolio investment and bank loans. However, the region has also been exposed to sudden stops and reversals in capital flows, with attendant spillovers and contagion. This database presents a summary of the capital flow management and macroprudential policy measures (CFMs and MPMs) deployed by each ASEAN+3 member economy since the 1990s or 2000s as part of a comprehensive policy mix to address risks stemming from the external sector and maintain economic and financial stability. It forms part of AMRO’s Policy Position Paper on CFMs and MPMs in the ASEAN+3 published in March 2022. The database is updated by AMRO staff in Q1 of each year.
Tools and Databases