1st OECD-AMRO Joint Asian Regional Roundtable
Euro-area Economic Uncertainty and Implications for Asian Economies: Challenges for Near-term Macroeconomic Policy and Medium-term Growth
The Asian Regional Roundtable, jointly organized by the OECD Development Centre and AMRO (ASEAN+3 Macroeconomic Research Office), in co-operation with the ASEAN Secretariat and Economics Department, OECD.
The Euro-area economic uncertainty- stemming from the sovereign debt crisis and expanding to issues shaking the monetary union - is the key downside risk to the outlook of the global economy. Further financial volatility exacerbated by the euro-zone uncertainty -major markets for the region’s exports and sources of financial capital and portfolio investments for Asian economies- will post several challenges.
Yet, the region will be able to maintain its dynamic growth momentum, underpinned by the strength of domestic demand thanks to large-scale investments in infrastructure and buoyant private consumption. Asian countries are now exploiting new growth models to keep the dynamism, given weaker-than- expected import demand in OECD economies.
This roundtable will provide an opportunity to discuss Euro-area economic uncertainty and its implications for Asian Economies from the point of view of both i) near-term macroeconomic policies and ii) medium-term growth and development challenges, inviting participants from Europe, OECD and Asia, AMRO.
The Roundtable will provide an opportunity to discuss Euro-area economic uncertainty and its implications for Asian Economies from the view point of:
• Near-term Economic Macroeconomic Implication for ASEAN+3 economies.
• Medium-term Policy Challenges: Towards a “New Growth Model” in ASEAN+3 economies.
This Roundtable will be served as a follow-up activity of Platforms for regional economic monitoring (identified in “OECD Strategy on Development” ) and will also provide an opportunity to discuss the intermediate results of the forthcoming Southeast Asian Economic Outlook (SAEO) 2013.
- Kensuke Tanaka Overview: Structural Policy Challenges Towards a New Growth Model in Asia
- Allauddin Anuar, Director, Economic Planning Unit, Prime Minister’s Department, Malaysia,
“Malaysia: The New Economic Model & Medium Term Development Strategies”
- Reza Yamora Siregar, Senior Economist, AMRO, Singapore
- Baoliang Zhu, Deputy Head for Forecasting, State Information Centre, People’s Republic of China
- José Marín Arcas, Head of Euro Area Macroeconomic Developments, European Central Bank,
Germany, “Recent Economic Developments of the Euro-area and Challenges”
- Matthew Yiu, Senior Economist, AMRO, Singapore, “Near-term Economic Perspectives of ASEAN
- Bambang Prijambodo, Assistant Minister of Economics, Development and Financing, BAPPENAS,
Indonesia, “Medium-term Development Strategies and a New growth Model in Indonesia”
- Rosemarie G. Edillon In search of a new growth model for present-day Philippines
- Francisco G. Dakila, Jr. Near-Term Economic Outlook of the Euro-Area and Asia
- Paul van den Noord, counsellor to the Chief Economist, OECD The near-term global economic outlook
- Juda Agung,_Euro-Area Uncertainties and Implications on Indonesia