Research shows bigger local bond markets help countries strengthen their financial systems and their economies.
Blog posts on "global financial crisis"
Asian policy makers should be worried if they see a sustained surge in corporate borrowing.
The region’s financial architecture is stronger and more resilient than 20 years ago, but it faces new challenges.
Asian policy makers must take proactive steps to turn a nascent upturn into a sustained boom. Missing the opportunity will have enormous costs.
To withstand external shocks and sustain growth, middle-income countries need to get the basics right on manufacturing, currency management, and education.
While trade and finance are changing dramatically, trade finance is shifting more slowly. What does this mean for SMEs?
It’s high time for emerging Asian markets to prepare themselves for the tighter global financial conditions that Fed balance sheet normalization entails.
For now, Asia does not yet appear to be decoupling from the world economy.
A tightening cycle in US monetary policy is typically bad news for emerging Asian economies.
It is far too early to tell whether the current global productivity slump will persist – the current pessimism may be overdone.