AMRO：2024年东盟与中日韩金融稳定报告：提升韧性 应对未来挑战（英文版）（136页）.pdf

1、ASEAN+3FINANCIALSTABILITYREPORT 2024Strengthening Resilience to Challenges AheadThe report is produced by the ASEAN+3 Macroeconomic Research Office(AMRO)for the use of the AMRO members.Any interpretations or conclusions expressed are not necessarily those of the AMRO members.By making any designatio

2、n of or reference to a particular territory or geographical area,or by using the term“member”or“country”in this report,AMRO does not intend to make any judgements as to the legal or other status of any territory or area.Nothing herein shall constitute or be considered to be a limitation upon or waiv

3、er of the privileges and immunities of the AMRO,all of which are specifically reserved.The factual information covers data for the period up to 9 September 2024,except when stated otherwise.2024 ASEAN+3 Macroeconomic Research Office ISSN:3029-1771Printed in Singapore ASEAN+3 Macroeconomic Research O

4、ffice10 Shenton Way,#15-08 MAS Building Singapore 079117 enquiryamro-asia.orgwww.amro-asia.orgTable of ContentsForeword from the Chief EconomistAcknowledgementsAbbreviationsExecutive SummaryStrengthening resilience to challenges aheadShifting near-term risks:some fade,some intensifyMedium-term risks

5、 loomAddress risks and challenges by building resilienceChapter 1.Market Conjunctural Strengthening Resilience to Challenges Ahead HighlightsI.Recent DevelopmentsGlobal financial conditions have eased,some risks have receded,but some remainelevatedHowever,other risks have intensified and could cloud

6、 the outlook for global financialstabilityIdiosyncratic factors limited the benefits to ASEAN+3 markets from easier global financialconditionsMost ASEAN+3 central banks are on hold and some are waiting for the right conditionsto start cutting policy ratesDebt-to-GDP ratios in many ASEAN+3 economies