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Vietnam Should Recalibrate Policy Mix and Pursue Reforms to Strengthen Growth

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Wage Impact on Prices in Japan: Is This Time Different?

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ASEAN+3 JOINT STATEMENT

Joint Statement of the 27th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting (Tbilisi, Georgia, May 3, 2024)

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How Can Vietnam Transition from a Golden Population Structure to a Successful Aging Society

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ANNUAL CONSULTATION REPORT

AMRO’s 2023 Annual Consultation Report on Korea

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Contributing to the macroeconomic and financial resilience and stability of the ASEAN+3 region

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Press Releases
ASEAN+3 Policymakers Should Rebuild Policy Space and Address Long-term Challenges Amid Positive Outlook
The ASEAN region is expected to benefit from a combination of these favorable factors, with growth in 2024 and 2025 forecast at 4.8 and 4.9 percent, respectively while growth in the Plus-3 region is expected to remain robust at 4.3 and 4.1 percent, respectively.
Analytical Notes
A Not-So-Good Morning in Baltimore: What Does Its Port Closure Mean for ASEAN+3 Trade and Supply Chains?
Using the IMF-University of Oxford University PortWatch spillover simulator to analyze the impact of the Baltimore accident on ASEAN+3 trade, the note shows that immediate, direct repercussions for the ASEAN+3 region are small, as is the impact on its network of supply chains.
Annual Consultation Reports
AMRO’s 2023 Annual Consultation Report on Vietnam
After weakening in the first half of 2023, the Vietnamese economy gathered momentum in the second half of the year. The economic growth is expected to pick up moderately in 2024.

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Cooperation, Enhancement, Innovation

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ASEAN+3 Regional Economic Outlook 2024: Navigating Tomorrow

Rebuild Policy Space and Address Long-term Challenges Amid Positive Outlook

AMRO forecasts the ASEAN+3 region to grow by 4.5% this year and 4.2% in 2025. The stronger growth momentum this year will be mainly driven by robust domestic demand, with the anticipated turnaround in exports and the continued recovery of tourism providing additional tailwinds.

This year’s thematic chapter, Navigating Tomorrow, delves into three major trends—aging, global trade reconfiguration, and rapid technological change.

 

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Publications and Blogs

Blogs
Vietnam Should Recalibrate Policy Mix and Pursue Reforms to Strengthen Growth
Vietnam's economy faced significant challenges last year, with growth slowing to 5.1 percent due to export contraction.
Blogs
Wage Impact on Prices in Japan: Is This Time Different?
The Japanese economy requires a robust upswing in wages to boost consumer spending and stimulate economic growth.
Blogs
How Can Vietnam Transition from a Golden Population Structure to a Successful Aging Society
Vietnam's transition from the “golden population structure” period toward aging and aged society has significant implications for the country’s economic development and the welfare of its citizens.

News and Media

Get the latest updates on ASEAN+3 macroeconomic and financial developments and learn more about AMRO’s activities.

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Events
ASEAN+3 Regional Economic Outlook 2024 Roadshows: Phnom Penh, Cambodia
As part of the AREO’s outreach campaign, Cambodia Development Resource Institute (CDRI) and AMRO are pleased to co-organize the seminar, AREO 2024 Cambodia Outreach Seminar: Navigating Tomorrow.
Events
ASEAN+3 Regional Economic Outlook 2024 Roadshows: Singapore
As part of the AREO’s outreach campaign, the Economic Society of Singapore, AMRO and ESSEC Business School are pleased to co-organize the seminar, AREO 2024 Singapore Outreach Seminar: Navigating Tomorrow.
Newsletters
AMRO Monthly Roundup - April 2024
AMRO's monthly newsletter features our latest publications, commentaries, and events covering macroeconomic and financial stability issues in ASEAN+3. Subscribe now!
Videos
Spotlight on Korea: Highlights from AMRO's 2023 Annual Consultation Report on Korea
Watch the highlights of AMRO's 2023 Annual Consultation Report on Korea.

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