AMRO

For other uses of the acronym AMRO, see AMRO (disambiguation).

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.[1]

Overview

The establishment of AMRO has been part of Asia's collective response to the 1997 Asian financial crisis.[2]: 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.[3] 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.[4] AMRO's research has been cited as a reference source by economic policy scholars.[5]: 2 

Leadership

  • Mr Wei Benhua, Director May 2011 - May 2012[6]
  • Mr Yoichi Nemoto, Director May 2012 - May 2016[7]
  • Ms Chang Junhong, Director May 2016 - May 2019
  • Mr Toshinori Doi, Director May 2019 - May 2022[8]
  • Mr Li Kouqing, Director May 2022 - May 2025[9]
  • Mr Yasuto Watanabe, Director since May 2025

See also

References

  1. ^ Yaechan Lee (24 May 2023). "Understanding AMRO's Nested Outgrowth from the IMF". Boston University Global Development Policy Center.
  2. ^ 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.
  3. ^ "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.
  4. ^ The Joint Statement of the 19th ASEAN+3 Finance Ministers' and Central Bank Governors' Meeting (PDF), Frankfurt: ASEAN, 3 May 2016
  5. ^ 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
  6. ^ "Appointment of the First AMRO Director". AMRO. 6 April 2011.
  7. ^ "Yoichi Nemoto, Non-Resident Senior Fellow, Global Economic Governance Initiative". Boston University Global Development Policy Center. Retrieved 16 March 2026.
  8. ^ "Mr. Toshinori Doi Appointed as Director Designate of the ASEAN+3 Macroeconomic Research Office". AMRO. 2 April 2019.
  9. ^ "Dr. Kouqing Li Appointed as Director Designate of the ASEAN+3 Macroeconomic Research Office". AMRO. 15 April 2022.
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