AMRO：2025年东盟与中日韩区域经济展望报告（英文版）

The global economy was resilient in 2024, maintaining steady growth and continued disinflation despite mounting uncertainties. Several significant developments shaped the global landscape throughout the year. The shift in monetary policy stance—from tightening to gradual easing after three consecutive years of rate hikes—marked a key turning point. However, geopolitical tensions triggered periodic spikes in commodity prices, while rising trade restrictions pushed protectionist measures to his