AMRO Director Toshinori Doi speaks virtually at the 1st V20 Climate Vulnerables Finance Summit on July 8, 2021. Speech by AMRO Director Mr. Toshinori Doi 1st V20 Climate Vulnerables Finance Summit…
The robust recovery in merchandise exports from the ASEAN+3 economies has been a bright spot during the COVID-19 pandemic, but is masking continuing disruptions to global trade.
Global value chains have long formed the backbone of economic growth and trade, especially in East Asia.
Millions across Asia have lost their jobs since the COVID-19 pandemic broke out early last year. One year on, the uneven and weary path to economic recovery continues to cast a shadow on the prospects of the labor market.
Global Value Chains in the Post-Pandemic “New Normal”. Presentation by AMRO Chief Economist Hoe Ee Khor.
The OECD-AMRO-ADB/ADBI-ERIA Asian Regional Roundtable convenes leading experts from Asian countries and the OECD to discuss the issues at the fore of recent economic developments in the region.
During the Asian financial crisis in 1997-1998, some 30% of the region’s combined GDP was lost. The crisis devastated many Asian economies, destroyed well-established companies, and put millions of people in hardship.
As Singapore enters a tighter phase of COVID-19 restrictions this weekend, the future of its “travel bubble” with Hong Kong has been thrown into limbo yet again.
On May 3, 2021, the finance ministers and central bank governors of ASEAN+3 members — comprising the 10 Southeast Asian countries, and China, Japan and Korea — stressed that the Chiang Mai Initiative Multilateralisation (CMIM) facility should take on a more instrumental role in catering to members’ needs, amid the unprecedented economic turmoil wrought by the COVID-19 pandemic.
The 24th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM+3) was convened on 3 May 2021 under the co-chairmanship of H.E. Dato Ahmaddin Abdul Rahman, Deputy Minister of Finance and Economy (Fiscal) of Brunei Darussalam, H.E. Rokiah Badar, Managing Director of Autoriti Monetari Brunei Darussalam and H.E. Nam-Ki Hong, Deputy Prime Minister and Minister of Economy and Finance of the Republic of Korea, H.E. Juyeol Lee, Governor of the Bank of Korea.
