Asian financial arrangement: Regionalism vs multilateralism
Maria Monica Wihardja
The Jakarta Post
On May 4, 2011, the ASEAN+3 Macroeconomic Research Office (AMRO), an independent surveillance and regional monitoring office, was officially established during the 14th ASEAN+3 Finance Ministers’ Meeting in Hanoi, Vietnam, which was held during the 44th annual meeting of the Asian Development Bank.
Wei Benhua from China was appointed as the director of AMRO.
AMRO is crucial to th...