How are ASEAN and China Leveraging Their Positions in Global Value Chains?
This note aims to disentangle the supply and demand factors underpinning the dynamics of core inflation in the region in the recent period.
This note aims to disentangle the supply and demand factors underpinning the dynamics of core inflation in the region in the recent period.
This note aims to disentangle the supply and demand factors underpinning the dynamics of core inflation in the region in the recent period.
Large shifts in domestic holdings of government debt can also cause instability in financial markets. Domestic banks worldwide have been accumulating government debt, a trend that intensified during the COVID-19 pandemic.
Public debt-to-GDP ratio in the ASEAN+3 region has risen sharply during the COVID-19 pandemic.
The global tax reform, scheduled for implementation in 2024, aims to reduce tax competition between countries and discourage multinational enterprises (MNEs) from engaging in profit shifting for tax avoidance.
Credit risks posed by ASEAN+3 non-financial corporate (NFC) sectors have risen.
This note provides an update on the significant progress made and discusses the challenges faced by the ASEAN+3 member economies, the United States, and Europe.
The underutilization of CMIM facilities during recent crises highlights the need to reevaluate the effectiveness of ASEAN+3 region’s financial safety net.
Argentina first established its bilateral swap agreement (BSA) with China in 2009 to provide a liquidity line of up to ARS38 billion or CNY70 billion (about USD10.3 billion).
Use of local currencies in cross-border transactions among the ASEAN+3 strengthens financial resilience, promotes trade and investment, and reduces the region’s reliance on foreign currencies.