Asean Central Banks to Keep Policy Steady: HSBC’s Incalcaterra

The video discusses the economic challenges faced by Southeast Asian countries post-pandemic, focusing on the Philippines, Indonesia, and Thailand. The Philippines is dealing with inflation driven by food prices, while Indonesia is managing its fiscal policy through a burden-sharing program. Thailand faces low economic growth and needs structural policy changes. The video highlights the importance of fiscal policy and the role of central banks in addressing these challenges.

What are the potential risks of stagflation in Southeast Asia, particularly in the Philippines?

How can Indonesia manage its fiscal deficits while pursuing development goals?

What structural changes are necessary for Thailand's economic recovery?