Building Capacity and Connectivity for the New Economy in East-Asia
About the Seminar
Amid slowing global growth, weaker external demand, and rising protectionism, the near-term prospects for the ASEAN+3 region is expected to be softer, while the longer term economic fundamentals remain intact. Regional policymakers need to stand ready to mitigate the downside risks by using the available policy tools flexibly.
In this context, the ASEAN+3 Regional Economic Outlook (AREO) 2019 newly released by the ASEAN+3 Macroeconomic Research Office (AMRO) discusses the economic prospects for the 10 members of the Association of Southeast Asian Nations, and China, Hong Kong – China, Japan and Korea, and a thematic study on “Building Capacity and Connectivity for the New Economy.” The thematic part focuses on how East Asia, as one of the most dynamic emerging market regions in the world, can tackle multiple challenges related to strengthening their collective development capacity and cross-border connectivity.
The seminar, co-organized by AMRO and the ISEAS-Yusof Ishak Institute, will use the AREO 2019 as a background document and discuss the following questions: What are the key economic prospects and risks for regional growth in 2019-2020? What are the latest economic developments for Singapore? What are the drivers and challenges for ASEAN+3 to build capacity and connectivity? How can the region prepare itself to rise to the challenges of the “new economy,” sustain buoyant growth, and continue to embrace and benefit from globalization? What role can Singapore, as a regional financial center, play to facilitate this process?
About the Speaker
Hoe Ee Khor is the Chief Economist of AMRO responsible for overseeing and developing the work on macroeconomic and financial market surveillance on East Asia and on the member economies in the region. He is also a member of the senior management team responsible for setting the strategic direction and management of AMRO.
Prior to joining AMRO, Dr Khor was a Deputy Director of the Asia and Pacific Department (APD) at the International Monetary Fund (IMF), responsible for overseeing the surveillance work on six ASEAN and twelve Pacific Island countries. Dr Khor started his career as an economist at the IMF in 1981 and had worked on a wide range of economies in the Western Hemisphere as well as in the Asia and Pacific departments. He was the IMF Deputy Resident Representative in China from 1991-1993.
Dr Khor obtained his Bachelor’s Degree in Economics/Mathematics from the University of Rochester and a Ph.D. in Economics from Princeton University.
About the Discussants
Siwage Dharma Negara is Senior Fellow at the Regional Economic Studies Programme and the Indonesia Studies Programme at ISEAS-Yusof Ishak Institute. He is Coordinator for Singapore APEC Study Centre at the same institute. Prior to joining ISEAS, he was an economist at the Indonesian Institute of Sciences (LIPI). He works on broad range of issues related to the Indonesian economy, with special interest on infrastructure and macroeconomic development. He has a PhD in economics from the University of Melbourne, Australia.
Chua Hak Bin is a Senior Economist with Maybank Kim Eng, covering Singapore and ASEAN macro themes. He was formerly a Consultant at GIC, and Head of Emerging Asia and ASEAN Economics at Bank of America Merrill Lynch for about six years. Dr Chua has also worked as a Strategist and Economist at Citigroup, Deutsche Private Wealth Management, DBS Bank and RHB Bank. Prior to joining the private sector, Dr Chua was with the Monetary Authority of Singapore (MAS) for about six years, heading the external economies, financial surveillance and planning, policy and communications divisions. In Kuala Lumpur, he was overseeing corporate finance for a listed property, construction and plantation company.
Dr Chua holds a PhD in Economics from Harvard University, and a Bachelor of Science in Engineering and a Bachelor of Arts in Economics from Brown University. He was a Visiting Lecturer in International Economics at Yale University for a year after completing his PhD.