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. 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 . AMRO's research has been cited as a reference source by economic policy scholars.
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
See also History of ASEAN
References