Development of RMB Payments Among Asian Offshore Centers
Singapore and Taiwan have emerged as key drivers to the development of offshore centers for China's currency.
Working Paper: Can the Chinese Bond Market Facilitate a Globalizing Renminbi?
This paper explores the prospect for the Chinese bond market as a potential global renminbi (RMB) asset class in the context of the RMB internationalization.
China's Evolving Growth Model: The Foshan Story
The Foshan Story exemplifies China's reform driven growth model and shows clearly how the necessary institutional changes emerge not only from the "right" state-market balance but from co-operation between the two.
Services in Global Value Chains: Solar Panel Manufacturing in China
Vice President of Research Patrick Low supports this study on solar panel production, which sheds light on the variety of services used in global value chains.
Presentation: Understanding Services in Production and Trade
Vice President of Research Patrick Low explains the role of services within the global economy and why this perception needs to change.
Working Paper: Unleashing the Full Potential of SMEs: Beyond Financing
A strong SME sector can be the major source of job creation and growth in an economy. It rests, however, on creating and maintaining a strong, supportive ecosystem, which is ultimately a question of governance.
Report: Towards a Circular Economy in Asia
A look at the concept of The Circular Economy and why it can play a potentially critical role the developing world.
Working Paper: Time for Asian Pension Systems to Take Center Stage
Pension reform is critical to strengthening Asia's social safety nets for an ageing population while providing stable long-term finance for Asia's development.
Working Paper: Managing Asia's Private Wealth to Serve the Real Sector
Growth in Asia is generating unprecedented levels of financial wealth. How this wealth is used is critical to the region's future sustainable development.
Working Paper: Enhancing Islamic Finance: Establishing an Islamic Stock Market that Overcomes Problems of the Existing Stock Market Regime
Conventional stock exchanges have not produced sound corporate governance nor raised capital for small and medium enterprises (SMEs). This paper assesses the merits of establishing Islamic stock markets to address these shortcomings.
Working Paper: Risk and Uncertainty in Financial Models - Implications in Asia
Over-reliance on mathematical risk models contributed to misreading the risks and uncertainties leading to the global financial crisis.
Working Paper: Technology: The Impact on Asian Finance
Economies, businesses and customer behavior around the world are being transformed by the internet and information and communication technology (ICT), and finance is no exception.
Working Paper: Asia's Sustainable Development - A Literature Survey
As Asia develops, understanding the links between economic, social, and environmental aspects of sustainable development becomes more critical. This survey aims to show where to look for helpful insights, best practices, and solutions for a sustainable future.
Working Paper: Basel III and Asia
Basel III is seen as the first of a whole host of regulations that will impact on the banking industry in Asia. Will different implementation phases by the world's advanced economies create a level playing field for emerging markets?
Issue Brief: Islamic Finance as Social Impact Investing
The internationalization of Islamic finance promises a more sustainable model for finance to serve the real sector, address poverty, financial inclusion and environmental sustainability issues.
Issue Brief: Private Equity in China: Injecting Equity into Entrepreneurial Growth
The emergence of a vibrant PE industry in China demonstrates that there is an alternative channel of new investments for financing Asia's transformation from an old industrial base to a new green economy model.
Issue Brief: Asian Banking: Moving Beyond Basel III
Asian regulators need to focus on a much wider range of policy tools than just implementing Basel III requirements.
Issue Brief: Unleashing SMEs to Drive Jobs and Growth: Beyond Financing
Given the different levels of development, institutional and talent capabilities, there is no one-size-fits-all policy or implementation model for SME development in Asia.
