2020 has been a turbulent year and the dominating theme is the COVID-19 pandemic. No countries or regions are immune to the severe impact of this health and economic crisis. Of all the 32 commentaries AMRO published this year, we recommend these 10 pieces that best sum up the key economic developments across the ASEAN+3 region and our policy recommendations as the pandemic rages on.
One year on, the COVID-19 pandemic has caused massive human casualties, with more than 70 million confirmed infections worldwide and causing more than 1.5 million deaths.
Presentation on the COVID, Credit, and Contagion Risks to ASEAN+3 Financial Systems at the 4th Joint Regional Financing Arrangements Research Seminar.
Migrant workers and the remittances they send home play an important economic role in several ASEAN+3 member economies.
Speech by AMRO Director Mr. Toshinori Doi Virtual Conference Co-hosted by the International Monetary Fund and the University of Tokyo November 24, 2020 (As prepared for delivery) 1 …
Hong Kong’s sound macro fundamentals are well known. The economy is very well run. Businesses pride themselves on delivering high-quality goods and services. The workforce is efficient, driven, and of high quality. Rules are clear and applied consistently.
The world is facing an unprecedented crisis. Pre-existing vulnerabilities in financial systems are intensifying in many economies, particularly for non-financial corporates, non-bank financial institutions, and sovereign debt.
Hong Kong, China’s [1] economy and financial system remain resilient despite the pronounced deterioration of growth and employment conditions due to the COVID-19 pandemic. Solid macro fundamentals, labor market flexibility, high levels of foreign and fiscal reserves, and the banking system’s ample buffers have underpinned the resilience of the economy to severe strains.
China was the first epicenter of the COVID-19 virus outbreak and subsequently, its economy was hit severely by the pandemic. Notwithstanding, all the economic forecasts for China now point to positive growth for 2020, with the strong recovery momentum continuing into 2021.
China’s economy has staged a strong recovery following its successful containment of the COVID-19 pandemic. At the height of the pandemic, the Chinese Government took a series of decisive and forceful containment measures, including locking down the economy, where needed.
