AMRO Forum: Remarks by Kristalina Georgieva, Managing Director, International Monetary Fund
Remarks by Kristalina Georgieva, Managing Director, International Monetary Fund at the ASEAN+3 Economic Cooperation and Financial Stability Forum
Remarks by Kristalina Georgieva, Managing Director, International Monetary Fund at the ASEAN+3 Economic Cooperation and Financial Stability Forum
Opening address by AMRO Director, Kouqing Li ASEAN+3 Economic Cooperation and Financial Stability Forum December 2, 2022 Excellencies, distinguished guests, ladies and gentlemen. It is my great pleasure to welcome…
The ASEAN+3 Macroeconomic Research Office (AMRO) today launched its inaugural ASEAN+3 Economic Cooperation and Financial Stability Forum as a hybrid event held in Singapore.
I joined AMRO’s Strategy and Coordination team for a one-year secondment program—extended from an initial period of six months—in June 2022.
As a trusted policy advisor of the ASEAN+3 region, the ASEAN+3 Macroeconomic Research Office (AMRO) has been providing our member economies (comprising 10 members of the ASEAN; China; Hong Kong, China; Japan; and Korea) with analysis of their economic and financial soundness through regular surveillance and assessments.
Carbon pricing is one of the key mitigation measures to cut greenhouse gas (GHG) emissions by putting prices on carbon.
AMRO establishes this annual regional flagship platform for policymakers, experts and international financial institutions to gather to exchange insights on macroeconomic and financial stability issues.
Since the start of the Russia-Ukraine war in February, global prices of crude oil and natural gas have risen to their highest in more than a decade, and the price of coal has hit an all-time high.
With many ASEAN+3 (comprising 10 member states of the ASEAN, and China; Hong Kong, China; Japan; and Korea) economies now fully reopening their borders, the region’s economic activity in the first half of 2022 has benefitted from a revival in domestic demand, supported by greater mobility and a pick-up in manufacturing.
The risks climate change poses to ASEAN+3 countries could have far-reaching implications for the region’s agricultural production, water availability, energy security, transport and infrastructure, tourism industries, and coastal resources.