Finance and Macroeconomy

ERIA looks into issues related to macroeconomic policies including fiscal policies, monetary policies, international economic integrations, free trade agreements, trade barriers, trade facilitation, and international investment protection. Additionally, ERIA also investigate impacts of globalisation, economic shocks, financial crises, and foreign output shocks, among many others. Furthermore, ERIA also conducts various research on social security system, country risk, regional cooperation, market integrations, exports and imports, and many more.
Understanding SME Trade Finance in ASEAN: An Overview
22 February 2022
SMEs are the most important source of employment in all ASEAN countries, but a lack of access to external sources of finance may limit their … Read More
Firms’ Financial Distress during the COVID-19 Pandemic and Fiscal Incentives
13 December 2021
The COVID-19 pandemic as an exogenous shock has affected the business sector by disrupting production and shrinking demand due to strict physical distancing. This study … Read More
13th Asia-Europe Meeting (ASEM) Summit
11 November 2021
The Asia-Europe Meeting (ASEM) is a unique cooperation initiative, bringing in scope for transnational cooperation between Partner countries, through regional and sub-regional activities. ASEM is … Read More
Policy Strategies to Strengthen the Travel and Tourism Sectors from the COVID-19 Pandemic Shocks: A Computable General Equilibrium Model for the Indonesian Economy
13 September 2021
The travel and tourism sectors have become the most vulnerable sectors to the COVID-19 pandemic. Studies have shown that most tourist-destination countries will experience economic … Read More
The Global Economic Impact of the COVID-19 Pandemic: The Second Wave and Policy Implications
09 September 2021
This paper examines the macroeconomic impact of the COVID-19 pandemic through the Computable General Equilibrium model. Due to a second wave and a subsequent delay … Read More
Central Banks' Responses to COVID-19 in ASEAN Economies
18 August 2021
The effect of the COVID-19 pandemic on public health, social life, economic conditions, and financial markets has been significant for Association of Southeast Asian Nations … Read More
Reconciling Tax and Trade Rules in the Digitalised Economy: Challenges for ASEAN and East Asia
06 August 2021
As the digital economy expands in scale, scope, and form it poses major challenges for public revenue and tax policy and administration in Asia and … Read More
Tracking the Ups and Downs in Indonesia’s Economic Activity During COVID-19 Using Mobility Index: Evidence from Provinces in Java and Bali
05 July 2021
A timely and reliable prediction of economic activities is crucial in policymaking, especially in the current COVID-19 pandemic situation, which requires real-time decisions. However, making … Read More
Summary of ERIA Research Projects 2020-2021
01 July 2021
The Summary of ERIA Research Projects 2020-2021 provides an overview of both new and ongoing projects that ERIA researchers are currently working on as of … Read More
How ASEAN Can Improve Its Response to the Economic Crisis Generated by the COVID-19 Pandemic: Inputs drawn from a comparative analysis of the ASEAN and EU responses
31 May 2021
This paper conducts a comparative review of the evolution of the economic crisis generated by the coronavirus disease (COVID-19) pandemic and the responses enacted by … Read More