Assessing Fiscal Space of ASEAN+3 Economies during COVID-19
Confronted with the COVID-19 pandemic, ASEAN+3 economies have swiftly deployed substantial fiscal stimulus to save lives, and protect livelihoods and businesses.
A Framework for Assessing Policy Space in ASEAN+3 Economies and the Combat against COVID-19 Pandemic
Policymakers across the world have deployed unprecedented policy measures to mitigate the economic impact of the COVID-19 pandemic.
ASEAN+3 Countries Renew Commitment to Strengthen the Regional Financial Safety Net
The past century witnessed heightened frequency and magnitude of financial crises, and the global communities’ response to them have largely shaped the modern international financial system that is in place today.
Boosting ASEAN+3’s Economic Resilience and Recovery During COVID-19
The COVID-19 pandemic continues to cast a long, dark, and uncertain shadow over the outlook for global growth. Deeply plugged into the global value chain, the ASEAN+3 region, comprising the ten members of the Association of Southeast Asian Nations plus China, Japan, and Korea, has been severely affected. Currently, the region is projected to record negative growth in 2020, a large fall compared to the average growth of around 5% over the past few years.
The Managing Director of the IMF and the Heads of the RFAs to Strengthen Cooperation to Support their Members During the Next Stages of the COVID-19 Crisis
SINGAPORE, October 13, 2020 – In the context of the fifth High-level RFA Dialogue, the International Monetary Fund (IMF) and Regional Financing Arrangements (RFAs) discussed today ways to strengthen cooperation…
Joint Statement of the Fifth High-Level Regional Financing Arrangements (RFA) Dialogue (Virtual, October 13, 2020)
The fifth High-Level Regional Financing Arrangements (RFAs) Dialogue took place virtually on 13 October 2020 at a time when the international community continues to suffer from the extraordinary human and economic crisis caused by the Covid-19 pandemic.
What Does the Real-Time Shipping ’Crystal Ball’ Tell Us about the Recovery in ASEAN+3 Trade?
The COVID-19 pandemic has shown how quickly the economic situation can change. In a few short months, ASEAN+3 trade has evolved from the downturn as a result of the US-China trade tensions; to nascent recovery on the back of the Phase One deal; to a sudden stop as the coronavirus spread and the region went into lockdown; to trade diversion as importers and exporters of intermediate and final goods sought to diversify their sources and markets; and more recently, rebounding as economies gradually reopened.
Forging a Stronger Post-Pandemic ASEAN+3 Economy
TOKYO/HANOI – The modern international financial system emerged from the devastation of World War II. Since then, it has continued to be shaped by historic slumps – most recently, the 2008 global financial crisis.
Presentation: Sovereign Debt & Financial Risks in ASEAN+3 during the Pandemic
Presentation by AMRO Chief Economist Hoe Ee Khor at the 3rd BSP Webinar Series, “Managing Systemic Risk in the time of Pandemic: What has Changed since the Global Financial Crisis?”.
Presentation: Global Value Chains: Restructuring and Challenges in the ASEAN+3 Region
Presentation by AMRO Chief Economist Hoe Ee Khor at the Hong Kong University of Science and Technology (HKUST) Institute for Emerging Market Studies (IEMS) – Ernst and Young (EY) Emerging Market Insight Webinar.
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