AMRO Executive Committee Discussed AMRO’s Policy Issues and 2018 Organizational Plan

The Executive Committee, the highest decision making body of AMRO composed of Finance and Central Bank Deputies from ASEAN+3 member authorities, convened a meeting on December 11 and 12 in Asahikawa, Japan. AMRO Director Dr. Junhong Chang, joined by Chief Economist Dr. Hoe Ee Khor, Deputy Directors Mr. Byungseo Yoo and Mr. Yasuto Watanabe, attended the meeting and presented AMRO’s policy and organizational issues. After a fruitful discussion, the EC approved AMRO’s Organizational Plan for 2018 and several important policy papers to enhance AMRO’s operational effectiveness.

Continue ReadingAMRO Executive Committee Discussed AMRO’s Policy Issues and 2018 Organizational Plan

Structural Reforms and Enhanced Regional Financial Safety Net Needed for Asia to Adapt to a Changing World

Today, the ASEAN+3 Financial Forum (ATFF) 2017 with the theme “Adapting to a Changing World” was held back to back with the ASEAN+3 Finance and Central Bank Deputies’ Meeting in Asahikawa, Japan.

Continue ReadingStructural Reforms and Enhanced Regional Financial Safety Net Needed for Asia to Adapt to a Changing World

AMRO Director Emphasizes the Increasing Role of Regional Financial Arrangements in the International Financial Architecture

Speaking at a seminar in Beijing today, Dr Junhong Chang, Director of the ASEAN+3 Macroeconomic Research Office (AMRO), highlighted the progress made in the development of the international economic governance after the global financial crisis (GFC). The progress has been accentuated by the phenomena of increasing role of regional institutions and the rise of regional financial arrangements (RFAs) in the international financial architecture (IFA).

Continue ReadingAMRO Director Emphasizes the Increasing Role of Regional Financial Arrangements in the International Financial Architecture