{
  "title": "The ASEAN Way: Sustaining Growth and Stability",
  "publication": "Books, October 2, 2018",
  "sourceUrl": "https://www.imf.org/en/publications/books/issues/2018/10/25/the-asean-way-sustaining-growth-and-stability-44092",
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  "summary": "The first part of the book examines the evolution of monetary policy and prudential frameworks of the ASEAN­5, with particular focus on changes since the Asian financial crisis and the more recent period of unconventional monetary policy in advanced economies.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Title: The ASEAN Way: Sustaining Growth and Stability\n- Authors: Ana Corbacho, Shanaka J Peiris\n- Publication date: October 2, 2018\n- Format note present: More Formats on IMF eLibrary; Order a Print Copy\n- Summary focus:\n  - Evolution of monetary policy and prudential frameworks of the ASEAN­5, with particular focus on changes since the Asian financial crisis and the more recent period of unconventional monetary policy in advanced economies.\n  - Policy responses to global financial spillovers.\n  - Challenges ahead for monetary policy, financial stability frameworks, and the deepening of financial markets."
    },
    {
      "heading": "Major themes and substantive findings",
      "content": "- Monetary policy and prudential framework evolution\n  - Examination centered on the ASEAN­5.\n  - Emphasis on post-Asian financial crisis reforms and adaptations during periods of unconventional monetary policy in advanced economies.\n- Global financial spillovers\n  - Analysis of policy responses to spillovers from global financial conditions.\n- Future challenges\n  - Issues for monetary policy frameworks.\n  - Strengthening financial stability frameworks.\n  - Deepening domestic financial markets."
    },
    {
      "heading": "Subject areas and keywords",
      "content": "- Subjects listed:\n  - Banking\n  - Financial crises\n  - Financial sector policy and analysis\n  - Financial sector stability\n  - Foreign exchange\n  - Foreign exchange intervention\n  - Global financial crisis of 2008-2009\n  - Inflation\n  - Macroprudential policy\n  - Prices\n- Keywords listed:\n  - ASEAN economy\n  - Asia and Pacific\n  - Association of Southeast Asian Nations-5\n  - BOOK\n  - Caribbean\n  - countercyclical monetary policy\n  - economy\n  - Europe\n  - exchange rate\n  - Financial sector stability\n  - Foreign exchange intervention\n  - Global\n  - Global financial crisis of 2008-2009\n  - Inflation\n  - inflation expectation\n  - inflation-targeting regime\n  - Macroprudential policy\n  - monetary policy\n  - monetary policy framework\n  - North America\n  - Southeast Asia\n  - transmission mechanism\n\n---\n\n\nSource: https://www.imf.org/en/publications/books/issues/2018/10/25/the-asean-way-sustaining-growth-and-stability-44092"
    }
  ],
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    "Authors: Ana Corbacho, Shanaka J Peiris",
    "Published: October 2, 2018",
    "Series: Books",
    "DOI: https://doi.org/10.5089/9781513558905.071",
    "Title: The ASEAN Way: Sustaining Growth and Stability",
    "Authors: Ana Corbacho, Shanaka J Peiris",
    "Publication date: October 2, 2018",
    "Format note present: More Formats on IMF eLibrary; Order a Print Copy",
    "Summary focus:",
    "Monetary policy and prudential framework evolution",
    "Global financial spillovers",
    "Future challenges",
    "Subjects listed:",
    "Keywords listed:"
  ],
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  "generatedAtUtc": "2026-09-19T04:41:19.524Z"
}