East Asia Remains Resilient Against Financial Turbulence, but Needs to Stay Vigilant, Says AMRO Director

Amid increasing global uncertainties, the ASEAN+3 Macroeconomic Research Office (AMRO) has maintained its growth forecast for ASEAN+3 at 5.4 percent for 2018 and shaved the forecast for 2019 to 5.1 percent, AMRO Director Dr Junhong Chang emphasized in her opening remarks at a roundtable on “Scaling Up and Leveraging Regional Surveillance Capacity” co-hosted by AMRO and Boston University. She added that AMRO is closely monitoring developments for downside risks that may shift its forecast. Dr Chang also highlighted two main risks facing the region: the escalating US-China trade tension and spillovers to other regional economies, and the tighter financial conditions.

Continue ReadingEast Asia Remains Resilient Against Financial Turbulence, but Needs to Stay Vigilant, Says AMRO Director

Opening Remarks by Dr Junhong Chang at Roundtable on “Scaling Up and Leveraging Regional Surveillance Capacity”

As prepared for delivery Dear Associate Dean Grimes, Professor Kring, distinguished guests, ladies and gentlemen, 1. A warm welcome to AMRO! We are honored to host this Roundtable at our…

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High-level Forum: 40th Anniversary of China’s Reform and Opening-up: Progress, Prospects and Impacts on the East Asian Region

Also available in Chinese (As prepared for delivery) Minister of Finance of China Mr Kun Liu, Deputy Governor of the People’s Bank of China Mr Yulu Chen Distinguished guests, Ladies…

Continue ReadingHigh-level Forum: 40th Anniversary of China’s Reform and Opening-up: Progress, Prospects and Impacts on the East Asian Region

High-level Forum: 40th Anniversary of China’s Reform and Opening-up: Progress, Prospects and Impacts on the East Asian Region

The High-level Forum on “40th Anniversary of China’s Reform and Opening-up: Progress, Prospects and Impacts on the East Asian Region,” co-organized by the ASEAN+3 Macroeconomic Research Office (AMRO), the Ministry of Finance of China, and the People’s Bank of China will be held on October 26, 2018 in Beijing, China.

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High-Level Policy Dialogue on Regional Cooperation to Support Innovation, Inclusion and Stability in Asia

The High-Level Policy Dialogue on Regional Cooperation to Support Innovation, Inclusion and Stability in Asia, to be held on 11 October 2018 in Bali, Indonesia, will gather central bankers, financial regulators, international organization heads, and market participants to discuss the role of technology in creating new markets and opportunities for the inclusive future of Asia, and how to foster technological entrepreneurship that can have a positive impact on innovation, inclusion, and sustainable development in Asia.

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Stronger Financial Safety Net Crucial to Enhancing Regional Resilience, Say AMRO Deputy Directors in Korea

A stronger regional financial safety net will contribute to enhancing resilience of regional economies against external shocks, shared by representatives from the ASEAN+3 Macroeconomic Research Office (AMRO) during their public lectures at two prestigious universities yesterday in Seoul, Korea.

Continue ReadingStronger Financial Safety Net Crucial to Enhancing Regional Resilience, Say AMRO Deputy Directors in Korea