· Haruhiko Kuroda Wiki · Bank of Japan WikiKeynote speech - ASEAN+3 Economic Cooperation and Financial Stability Forum
Read full speech on bis.org ↗ContextKeynote speech by Kuroda Haruhiko, Governor of the Bank of Japan, at the ASEAN+3 Economic Cooperation and Financial Stability Forum, held by the ASEAN+3 Macroeconomic Research Office, Singapore, 2 December 2022.
Why it mattersKuroda calls for stronger Asian crisis-response mechanisms.
Problems raised
- Inflationary pressure is high globally.
- Rapid rate hikes tighten financial conditions.
- Asia must be prepared for crises.
Solutions proposed
- Enhance regional cooperation in Asia.
- Strengthen crisis-response mechanisms.
- Support the ASEAN+3 research office.