Climate Change: How Far along the Green Path are ASEAN+3 Banks?
Climate change has become a real threat to financial stability.
Climate change has become a real threat to financial stability.
You have probably noticed how a trip to the grocery store has become a more costly affair compared to a year ago. A quick glance at the news explains why: the pandemic-induced supply chain disruptions, later exacerbated by the war in Ukraine, caused the surge in global energy and agricultural commodity prices. Together with higher transport prices, they have created a “perfect storm” of global food price inflation.
Since 1958, two years after joining the International Monetary Fund (IMF),
The seventh High-level Regional Financing Arrangements (RFAs) Dialogue was held on 12 October 2022 in Washington DC amidst a highly uncertain global outlook and slowing growth.
Watch the highlights from the ASEAN+3 Regional Economic Outlook or AREO 2022 Quarterly Update. In the AREO 2022 October update, AMRO revised ASEAN+3 2022 growth downwards to 3.7% from 4.3%.…
Disruptions to the global flow of goods during the pandemic are dissipating.
Presentation from the ASEAN+3 Regional Economic Outlook – October 2022 Update press briefing.
In this October 2022 quarterly update, AMRO revised downwards its short-term growth forecast for the ASEAN+3 region.
The ASEAN+3 Macroeconomic Research Office (AMRO) today revised downwards its short-term growth forecast for the ASEAN+3 region.
With a total financing capacity of USD240 billion, the Chiang Mai Initiative Multilateralisation (CMIM) is the world’s second largest regional financing arrangement (RFA) among active RFAs, after the European Stability Mechanism (ESM) and much larger than most other arrangements in non-European regions.