Railways Help Landlocked Laos Embark a Journey Beyond Borders
Lao PDR is transforming. The country took a giant step toward becoming a regional transportation hub when the Laos-China Railway became operational on December 3, 2021.
As China Reopens to the World, Hong Kong Must Lean into Super-Connector Role
Hong Kong’s role in connecting mainland China with the rest of the world has evolved over time. The city has expanded from a key entrepot for trade and investment in the 1990s to becoming an important hub for financial intermediation and mainland capital account opening, earning it the title of super-connector.
Hong Kong, China: Recovering Gradually From Covid-19 Restrictions On the Back of Strong Policy Support
Hong Kong’s economy is expected to slow in 2022 before accelerating in 2023 after the easing of COVID-19 restrictions and on the back of strong policy support.
AMRO’s 2022 Annual Consultation Report on Hong Kong, China
Following a strong 6.3 percent expansion last year, Hong Kong’s GDP is expected to contract by 2.5 percent in 2022 before rebounding by 4.3 percent in 2023.
Hong Kong Can Still Thrive
Hong Kong has been immensely successful over the past four decades in its economic development.
Connectivity and Digitalization Crucial to Growth in ASEAN+3 Region Post Pandemic
The post-pandemic world calls for more globalization, not less. The pandemic exposed the vulnerabilities of global value chains (GVCs), as lockdowns around the world disrupted supply lines across economies.
East Asia: Building Resilience, Capacity, and Connectivity amidst Volatility
Strengthening regional financial safety nets and ensuring a smooth transition into the new economy are pertinent to the economic stability and well-being of the ASEAN+3 region. This was highlighted across all three outreach events the ASEAN+3 Macroeconomic Research Office (AMRO) held in Australia.
Challenges in Building Capacity for East Asia’s Transition to the “New Economy”
Our previous blog article discussed the key drivers of East Asia’s transformation from the conventional “manufacturing for exports” strategy to a more broad-based “new economy”, and considered some of the region’s efforts to strengthen its capacity and connectivity.
From “Manufacturing-for-Exports” to “New Economy” Drivers of East Asia’s Transformation
East Asia’s growth model is transforming, surely and rapidly.
