The East Asian Bureau of Economic Research is a forum for high-quality economic research focussing on issues facing the economies of East Asia. It comprises representatives from Japan, China, South Korea, Vietnam, Cambodia, Laos, Thailand, Malaysia, the Philippines, Indonesia and Australia. The rapid development of the East Asian economies, the growth of intra-regional trade, financial and other economic interaction, and East Asia's new role in the global economy all underline the need for access to a vastly increased range of quality economic analysis on East Asia.

Such analysis from both inside and outside government is essential to assist policymakers in responding to, and anticipating, issues confronting the East Asian economy. Quality economic analysis is essential to assist policymakers in responding to new issues as they arise. EABER will provide research support for policymakers, improve links between researchers throughout the region, and create venues where researchers and policymakers can come together to discuss issues vital to economic development in East Asia.

EABER-SABER Newsletter

05/2012
Chalongphob Sussangkarn
The Chiang Mai Initiative (CMI) is a regional foreign exchange liquidity support mechanism that developed as a result of the 1997–98 Asian financial crisis. The CMI was designed to be closely linked to the IMF, and later evolved into a multilateralised mechanism, the Chiang Mai Initiative Multilateralisation (CMIM). A regional surveillance unit, the ASEAN+3 Macroeconomic Research Office (AMRO), supports the CMIM. But AMRO is still in its infancy, and will need time to increase its effectiveness and gain market confidence.
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