AMRO

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The ASEAN+3 Macroeconomic and Research Office, abbreviated as AMRO, is an international institution that supports the ASEAN Plus Three group with surveillance, analysis and research. It is based in Singapore. It plays a prominent role in macroeconomic and financial surveillance in the region, in complementarity with the International Monetary Fund at the global level.

Overview

The establishment of AMRO has been part of Asia's collective response to the 1997 Asian financial crisis.^: 72 The ASEAN+3 Finance Ministers established the Chiang Mai Initiative in May 2000, then upgraded it to Chiang Mai Initiative-Multilateral (CMIM) in March 2010. They then established AMRO in April 2011 to conduct macroeconomic surveillance in support to CMI-M. AMRO was subsequently reorganized as a formal international organization, effective 9 February 2016. AMRO's research has been cited as a reference source by economic policy scholars.^: 2

Leadership

Mr Wei Benhua, Director May 2011 - May 2012
Mr Yoichi Nemoto, Director May 2012 - May 2016
Ms Chang Junhong, Director May 2016 - May 2019
Mr Toshinori Doi, Director May 2019 - May 2022
Mr Li Kouqing, Director May 2022 - May 2025
Mr Yasuto Watanabe, Director since May 2025

References

↑ Yaechan Lee (24 May 2023). "Understanding AMRO's Nested Outgrowth from the IMF". Boston University Global Development Policy Center.
↑ Hoe Ee Khor (1 March 2019). "Overview of AMRO and Policy Challenges". In Tomoo Kikuchi & Masaya Sakuragawa (ed.). Financial Cooperation in East Asia. S. Rajaratnam School of International Studies. pp. 72–75.
↑ "Speech by Ms Indranee Rajah, Minister in The Prime Minister's Office, Second Minister for Finance and National Development, at ASEAN+3 Macroeconomic Research Office (AMRO) 10th Anniversary Event on 7 December 2021, at JW Marriott Hotel South Beach". Ministry of Finance of Singapore.
↑ The Joint Statement of the 19th ASEAN+3 Finance Ministers' and Central Bank Governors' Meeting (PDF), Frankfurt: ASEAN, 3 May 2016
↑ Hong, Liu (2022), The Political Economy of Transnational Governance: China and Southeast Asia in the 21st Century, London: Routledge, doi:10.4324/9781003102359, hdl:10419/290613
↑ "Appointment of the First AMRO Director". AMRO. 6 April 2011.
↑ "Yoichi Nemoto, Non-Resident Senior Fellow, Global Economic Governance Initiative". Boston University Global Development Policy Center. Retrieved 16 March 2026.
↑ "Mr. Toshinori Doi Appointed as Director Designate of the ASEAN+3 Macroeconomic Research Office". AMRO. 2 April 2019.
↑ "Dr. Kouqing Li Appointed as Director Designate of the ASEAN+3 Macroeconomic Research Office". AMRO. 15 April 2022.

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AMRO

Overview

Leadership

See also

References