[PDF.05xx] Global Shocks and the New Global and Regional Financial Architecture: Asian Perspectives
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Global Shocks and the New Global and Regional Financial Architecture: Asian Perspectives
From Asian Development Bank Institute
[PDF.bj72] Global Shocks and the New Global and Regional Financial Architecture: Asian Perspectives
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| 2017-12-26 | 2017-11-28 | Original language:English | File type: PDF | 340 pages||About the Author|
|Naoyuki Yoshino is Dean of the Asian Development Bank Institute.
|Pradumna B. Rana is Associate Professor at the S, Rajaratnam School of International Studies, Nanyang Technological University, Singapor
Asian economies continue to be subject to new shocks: US monetary policy tightening, the adoption of negative-interest-rate policies by central banks all over the world, the slowdown of the People’s Republic of China, and the sharp drop in oil and other commodity prices. All these highlight the vulnerability of the region to volatile trade and capital flows even as the global and Asian regional financial architecture evolves.
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