Geopolitical tensions threaten trade, seen hurting Asian economies: MAS Economist

The 12th Asian Monetary Policy Forum convened academics and policymakers to discuss major economic and financial issues in Asia.

Geopolitical tensions are threatening to disrupt the trade and financial systems that support the global economy, which could significantly impact small, open economies in the region, said Edward S. Robinson, deputy managing director of economic policy and chief economist of MAS, during the 12th Asian Monetary Policy Forum (AMPF).

Organised by the Asian Bureau of Finance and Economic Research (ABFER), the National University of Singapore (NUS) Business School, and the Monetary Authority of Singapore (MAS), the forum has brought together academics and policymakers to examine key economic and financial issues in Asia.

Robinson also noted the importance of the forum in addressing current challenges.

“The AMPF’s role as a forum for policymakers, academics, and the private sector to deliberate on emerging issues and develop policy-relevant insights assumes even greater importance,” Robinson said.

Professor Sumit Agarwal, president of ABFER and Low Tuck Kwong Distinguished Professor at NUS Business School, echoed the sentiment, emphasising the forum’s role in fostering stability amid volatility.

“Amidst unprecedented shifts in the global political and financial landscapes, the Asian Monetary Policy Forum remains a vital platform for generating policy-relevant perspectives,” Professor Agarwal said. “The discussions it fosters will play a crucial role in helping to stabilise the complex financial landscape across Asia and beyond.”