Mon 3 Apr 2017
OMFIF and the Bangko Sentral ng Pilipinas convened a panel of private and public sector industry practitioners to discuss economic developments in Asean. The meeting focused on the future of Asean growth, multicurrency reserve management, monetary policy, as well as macroeconomic trends for the Asia Pacific region and beyond.
Coinciding with the Asean+3 finance minister and central bank governors meetings in Cebu, the third OMFIF Asean Debate, co-organised with the Bangko Sentral ng Pilipinas and attended by Governor Amando Tetangco, saw a strong consensus that Asia is not bound to follow the advanced economies' 'new mediocre'.
Attendees were asked whether 'Asia is bound to follow the advanced economies’ ‘new mediocre’?' both before and after the debate. The results show:
Yes – 25%
No – 58%
Uncertain – 17 %
Yes – 8%
No – 83%
Uncertain – 8%
For more information, please email Asia@omfif.org