The IMF Book “The ASEAN Way” was launched at a seminar, jointly organized by AMRO, IMF and MAS on 17 Dec. The book analyses the economic and policy transformation of the ASEAN-5 economies (Indonesia, Malaysia, the Philippines, Singapore, Thailand) after the Asian Financial Crisis and how a variety of global risks will continue to test the group and their economic resilience. Shanaka Jayanath Peiris (IMF), Hoe Ee Khor (AMRO), Keen Meng Choy (MAS) and Ramkishen S. Rajan (LKY School of Public Policy) discussed how the ASEAN-5 economies will rise to the challenges ahead which call for upgrading policy and institutional frameworks, exploiting policy synergies and reaping the benefits of regional integration.
Participants at the IMF – STI’s Monetary Policy course (Nov 5-16) not only had the chance to simulate policy responses under different monetary policy and exchange rate regimes, they also visited the Singapore Fintech Festival.
A High-Level Peer-to-Peer Forum for ASEAN Countries, jointly organized by the IMF, Monetary Authority of Singapore and the STI was held in Singapore on July 9-10, 2018, to discuss monetary policy design and implementation. Senior officials and IMF and international experts in attendance at the interactive sessions concluded that upgrades to policy frameworks in Asia are needed to meet current global challenges.