Lessons for Asia from the Global Financial Crisis of 2008-2009
The global financial crisis of 2008-2009 offers a rare opportunity for many economies to undertake wide-ranging structural reforms to improve productivity and economic efficiency.
Why Should People’s Republic of China Unlock Services?
It is up to policy makers to unlock the enormous potential of services in the People’s Republic of China.
Make Policies Work: Getting the Proof to the Top of the Pile
To influence government officials who make policies, researchers need to deliver understandable results and present clear ways forward.
The BRICS Bank — An Idea Whose Time Has Come
A new institution, offering greater development assistance, is badly needed.
What You Can Do to Improve Access to Finance
We can all take simple steps to encourage financial inclusion.
Asian Financial Integration: How Much Has it Come True?
As articulated by Cavoli, Rajan, and Siregar (2004) in their survey of East Asian financial integration, financial integration is a multidimensional process closely associated with development of financial markets.
From Andhra Pradesh to Wall Street: Rethinking the Ethics of Finance
The changing landscape of finance is a huge subject so let’s start with a short history of banking (thanks here to Wikipedia). The word actually comes from banca or bench where the moneylenders sat.
Let’s Talk About Money: Does Asian Civil Society Care About National Budgeting?
Asians love to talk about money. We discuss the price of everything. How much money does the neighbor make? How much does a traditional Asian wedding cost? How much does a private education cost?
What to Look Out for in Asian Bond Markets in 2014
2014 is shaping up to be another challenging year for bond markets in Asia after a see-saw 2013 which saw prices rise at the start of the year, and then fall back on news that the US Federal Reserve plans to reduce or ‘taper’ its quantitative easing operations.
Asia Pacific Post-2015 Priorities, MDG8 and Global Partnerships
Any contemporary story on development in Asia-Pacific begins with reflection on massive gains achieved in the fight against poverty. The incidence of people living on less than $1.25 a day fell from 54.5% in 1990 to 20.7% in 2010, with the number of extreme poor declining from 1.48 billion to 733 million. This precipitous decline in poverty incidence has been accompanied by tremendous gains in access to health and education.