The COVID-19 pandemic has been casting a shadow over the global economy, pushing policymakers in the ASEAN+3 region to undertake unprecedented monetary policy easing to support the economies.
SINGAPORE, October 29, 2020 – The economy of Indonesia remains resilient despite the COVID-19 pandemic. A prompt recalibration of the policy mix and the enactment of large stimulus measures have…
Confronted with the COVID-19 pandemic, ASEAN+3 economies have swiftly deployed substantial fiscal stimulus to save lives, and protect livelihoods and businesses.
Policymakers across the world have deployed unprecedented policy measures to mitigate the economic impact of the COVID-19 pandemic.
The COVID-19 pandemic continues to cast a long, dark, and uncertain shadow over the outlook for global growth. Deeply plugged into the global value chain, the ASEAN+3 region, comprising the ten members of the Association of Southeast Asian Nations plus China, Japan, and Korea, has been severely affected. Currently, the region is projected to record negative growth in 2020, a large fall compared to the average growth of around 5% over the past few years.
In this interview with Channel NewsAsia, Dr. Jae Young Lee addresses questions on how the COVID-19 pandemic has hit Myanmar’s economy, and how the worsening US-China tensions can affect Myanmar’s growth.
The last decade saw an acceleration in Japanese companies shifting their business model further from export-oriented domestic production toward foreign direct investment or FDI-driven overseas production.
Organized by the Bangko Sentral ng Pilipinas (BSP) and the International Monetary Fund – Singapore Training Institute (IMF-STI)
The historical trend of globalization is reflected in the deepening of offshoring and global sourcing in the past few decades.
Vietnam’s much-lauded COVID-19 response did not provide its economy with immunity to the adverse impact of the pandemic.
