AMRO Forum: Remarks by Masatsugu Asakawa, President, Asian Development Bank
Remarks by Masatsugu Asakawa, President, Asian Development Bank at the ASEAN+3 Economic Cooperation and Financial Stability Forum
Remarks by Masatsugu Asakawa, President, Asian Development Bank at the ASEAN+3 Economic Cooperation and Financial Stability Forum
Remarks by Kristalina Georgieva, Managing Director, International Monetary Fund at the ASEAN+3 Economic Cooperation and Financial Stability Forum
Opening address by AMRO Director, Kouqing Li ASEAN+3 Economic Cooperation and Financial Stability Forum December 2, 2022 Excellencies, distinguished guests, ladies and gentlemen. It is my great pleasure to welcome…
The ASEAN+3 Macroeconomic Research Office (AMRO) today launched its inaugural ASEAN+3 Economic Cooperation and Financial Stability Forum as a hybrid event held in Singapore.
AMRO establishes this annual regional flagship platform for policymakers, experts and international financial institutions to gather to exchange insights on macroeconomic and financial stability issues.
The creation of the world’s largest free trade area materialized early this year, when the Regional Comprehensive Economic Partnership (RCEP) came into force on January 1, 2022.
In 2021, the prolonged pandemic continues to cast a shadow on the global economy, but we could see a glimmer of light at the end of the tunnel. Economic recovery in the ASEAN+3 region is on track, underpinned by faster vaccination rollouts, the availability of new COVID-19 treatments, and supportive policy measures.
In April 2011, when AMRO was established, the world had just emerged from the global financial crisis. Back then, the ASEAN+3 member economies of the 10 ASEAN nations, plus China; Hong Kong, China; Japan and Korea got together to form a dedicated and independent surveillance unit to safeguard the macroeconomic and financial stability of the region.
A robust organizational evaluation plays a key role in results-based management. It promotes a strong sense of accountability and a culture of organizational learning, which in turn fosters high-quality and results-oriented operational processes, as well as an optimal allocation of resources.
Remarks by Mr. Masatsugu Asakawa, President, Asian Development Bank on AMRO’s 10th anniversary celebration.