Regional Financial Arrangement: An Impetus for Regional Policy Cooperation

The primary objective of our study is to look into possible catalytic roles that CMIM, a regional financial arrangement among ASEAN+3 economies and its surveillance unit(AMRO) can play in enhancing macroeconomic policy cooperation in this region. The key questions that the study hopes to address are: can CMIM and AMRO provide impetuses for deeper and more meaningful macroeconomic policy cooperation in the region? What are the policy areas and what could be the catalytic roles for CMIM and AMRO in promoting policy cooperation?