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Renminbi stepping in right direction toward internationalization

The PRC may be a globally significant economic and trading power, but the market share of its currency, the renminbi (RMB), lags well behind the US dollar and the euro.
To align the RMB with its growing global stature, the PRC has embarked on a strategy to internationalize the currency. Typically, it is taking a gradual approach. 

Thierry de Longuemar

Pushing the Boundaries for Women

Fifteen years ago I was working for a nongovernment organization (NGO) in Bangladesh documenting stories of training and economic empowerment of communities. A common recurring theme in virtually all the communities was the gender stereotyping in skills training programs.

Uzma Hoque

Is Asia ready for Social Impact Bonds?

Raising finance for projects which are socially important but have little appeal to hard-nosed investors has been a major challenge for governments and donor agencies in the past. But now a new instrument has been developed which offers a fresh way forward—Social Impact Bonds. 
 

Thiam Hee Ng

PRC's dim sum bonds need to develop a new flavor

The offshore renminbi bond market has boomed since the People’s Republic of China (PRC) authorities first allowed domestic banks to issue them in Hong Kong, China in June 2007. But appetite for the paper—popularly known as “dim sum bonds”—is starting to wane as access to onshore markets becomes easier. To stay relevant, the dim sum market must develop further.

Thiam Hee Ng

There’s nothing random about fostering an environment of creativity

Creativity has little space where tasks are practiced as regimentation. “Business unusual” is a catchphrase about doing things differently, to bring about change, to innovate. Times are becoming more complex.  For economic gain, nature can no longer be simply considered as something to be “conquered” by people to extract wealth

Anuradha Rajivan

Ten steps toward achieving universal health coverage

When ADB recently hosted a conference on using information and communication technology (ICT) in universal health coverage, it was vital not to miss the opportunity to pin down practical steps that participants could commit to taking in their own workplace. The conference culminated in the iCTen Steps: practical next steps with both quick wins and some longer-term goals that can be adapted to specific country settings, regardless of where they are on the road to universal health coverage.

Susann Roth

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