Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292695746
Category : Business & Economics
Languages : en
Pages : 145
Book Description
This report identifies and examines six key technologies that are transforming fundamental financial market infrastructure: (i) distributed ledger technology and blockchain, (ii) artificial intelligence, (iii) big data analytics, (iv) cloud computing, (v) enhanced cybersecurity technologies, and (vi) (open) application programming interface. It ascertains the most current status of technology adoption by Cross-Border Settlement Infrastructure Forum member organizations. They include central securities depositories and central banks in the Association of Southeast Asian Nations (ASEAN) plus the People’s Republic of China, Japan, and the Republic of Korea (collectively known as ASEAN+3) region. This report will serve as a springboard for the technological advancement of financial market infrastructure in the region.
Recent Technological Advances in Financial Market Infrastructure in ASEAN+3
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292695746
Category : Business & Economics
Languages : en
Pages : 145
Book Description
This report identifies and examines six key technologies that are transforming fundamental financial market infrastructure: (i) distributed ledger technology and blockchain, (ii) artificial intelligence, (iii) big data analytics, (iv) cloud computing, (v) enhanced cybersecurity technologies, and (vi) (open) application programming interface. It ascertains the most current status of technology adoption by Cross-Border Settlement Infrastructure Forum member organizations. They include central securities depositories and central banks in the Association of Southeast Asian Nations (ASEAN) plus the People’s Republic of China, Japan, and the Republic of Korea (collectively known as ASEAN+3) region. This report will serve as a springboard for the technological advancement of financial market infrastructure in the region.
Publisher: Asian Development Bank
ISBN: 9292695746
Category : Business & Economics
Languages : en
Pages : 145
Book Description
This report identifies and examines six key technologies that are transforming fundamental financial market infrastructure: (i) distributed ledger technology and blockchain, (ii) artificial intelligence, (iii) big data analytics, (iv) cloud computing, (v) enhanced cybersecurity technologies, and (vi) (open) application programming interface. It ascertains the most current status of technology adoption by Cross-Border Settlement Infrastructure Forum member organizations. They include central securities depositories and central banks in the Association of Southeast Asian Nations (ASEAN) plus the People’s Republic of China, Japan, and the Republic of Korea (collectively known as ASEAN+3) region. This report will serve as a springboard for the technological advancement of financial market infrastructure in the region.
Fintech and Financial Services
Author: Mr.Dong He
Publisher: International Monetary Fund
ISBN: 1484303776
Category : Business & Economics
Languages : en
Pages : 49
Book Description
A new wave of technological innovations, often called “fintech,” is accelerating change in the financial sector. What impact might fintech have on financial services, and how should regulation respond? This paper sets out an economic framework for thinking through the channels by which fintech might provide solutions that respond to consumer needs for trust, security, privacy, and better services, change the competitive landscape, and affect regulation. It combines a broad discussion of trends across financial services with a focus on cross-border payments and especially the impact of distributed ledger technology. Overall, the paper finds that boundaries among different types of service providers are blurring; barriers to entry are changing; and improvements in cross-border payments are likely. It argues that regulatory authorities need to balance carefully efficiency and stability trade-offs in the face of rapid changes, and ensure that trust is maintained in an evolving financial system. It also highlights the importance of international cooperation.
Publisher: International Monetary Fund
ISBN: 1484303776
Category : Business & Economics
Languages : en
Pages : 49
Book Description
A new wave of technological innovations, often called “fintech,” is accelerating change in the financial sector. What impact might fintech have on financial services, and how should regulation respond? This paper sets out an economic framework for thinking through the channels by which fintech might provide solutions that respond to consumer needs for trust, security, privacy, and better services, change the competitive landscape, and affect regulation. It combines a broad discussion of trends across financial services with a focus on cross-border payments and especially the impact of distributed ledger technology. Overall, the paper finds that boundaries among different types of service providers are blurring; barriers to entry are changing; and improvements in cross-border payments are likely. It argues that regulatory authorities need to balance carefully efficiency and stability trade-offs in the face of rapid changes, and ensure that trust is maintained in an evolving financial system. It also highlights the importance of international cooperation.
Meeting Asia's Infrastructure Needs
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292577549
Category : Business & Economics
Languages : en
Pages : 235
Book Description
Infrastructure is essential for development. This report presents a snapshot of the current condition of developing Asia's infrastructure---defined here as transport, power, telecommunications, and water supply and sanitation. It examines how much the region has been investing in infrastructure and what will likely be needed through 2030. Finally, it analyzes the financial and institutional challenges that will shape future infrastructure investment and development.
Publisher: Asian Development Bank
ISBN: 9292577549
Category : Business & Economics
Languages : en
Pages : 235
Book Description
Infrastructure is essential for development. This report presents a snapshot of the current condition of developing Asia's infrastructure---defined here as transport, power, telecommunications, and water supply and sanitation. It examines how much the region has been investing in infrastructure and what will likely be needed through 2030. Finally, it analyzes the financial and institutional challenges that will shape future infrastructure investment and development.
Handbook on East Asian Economic Integration
Author: Kimura, Fukunari
Publisher: Edward Elgar Publishing
ISBN: 1788975162
Category : Social Science
Languages : en
Pages : 491
Book Description
This comprehensive Handbook provides an in-depth analysis of the nature of East Asian economic integration alongside thoughtful insights into contemporary issues, such as agricultural development, structural transformation and East Asian trade, alongside skills and human capital development policies of ASEAN. Contributors also provide detailed explanations on trade, poverty and Aid for Trade, institutional reforms, regulatory reform and measuring integration.
Publisher: Edward Elgar Publishing
ISBN: 1788975162
Category : Social Science
Languages : en
Pages : 491
Book Description
This comprehensive Handbook provides an in-depth analysis of the nature of East Asian economic integration alongside thoughtful insights into contemporary issues, such as agricultural development, structural transformation and East Asian trade, alongside skills and human capital development policies of ASEAN. Contributors also provide detailed explanations on trade, poverty and Aid for Trade, institutional reforms, regulatory reform and measuring integration.
Korea in the New Asia
Author:
Publisher: Routledge
ISBN: 1134110715
Category :
Languages : en
Pages : 191
Book Description
Publisher: Routledge
ISBN: 1134110715
Category :
Languages : en
Pages : 191
Book Description
Economic Dynamism of Asia in the New Millenium
Author: Yoshinori Shimizu
Publisher: World Scientific
ISBN: 9812568980
Category : Business & Economics
Languages : en
Pages : 408
Book Description
Presents papers on various movements that have emerged after the Asian financial crisis, which lead to Asia becoming the growth center of the world. Beginning with the analysis of the Asian crisis, this book then studies the impact of these events on the Hong Kong economy, the government's role in Indonesia and financial restructuring in Thailand.
Publisher: World Scientific
ISBN: 9812568980
Category : Business & Economics
Languages : en
Pages : 408
Book Description
Presents papers on various movements that have emerged after the Asian financial crisis, which lead to Asia becoming the growth center of the world. Beginning with the analysis of the Asian crisis, this book then studies the impact of these events on the Hong Kong economy, the government's role in Indonesia and financial restructuring in Thailand.
Economic Dynamism Of Asia In The New Millennium
Author: Yoshinori Shimizu
Publisher: World Scientific
ISBN: 9814477419
Category : Business & Economics
Languages : en
Pages : 408
Book Description
This book is a compendium of papers on various new movements that emerged after the Asian financial crisis, which lead to Asia becoming the enhanced growth center of the world.Beginning with the analysis of the Asian crisis and the subsequent capital flight, the book goes on to study the impact of these events on the Hong Kong economy, the role of the government in Indonesia and financial restructuring in Thailand. The book then explores the new movement of regional cooperation, such as Free Trade Agreement, and financial cooperation and integration. On the real side of the economy, the book delves into issues such as cooperation between Japan and China, development of the Greater Mekong sub-region, growth of China, fiscal coordination in Korea, technological network in East Asia, and growth and inequality in Vietnam./a
Publisher: World Scientific
ISBN: 9814477419
Category : Business & Economics
Languages : en
Pages : 408
Book Description
This book is a compendium of papers on various new movements that emerged after the Asian financial crisis, which lead to Asia becoming the enhanced growth center of the world.Beginning with the analysis of the Asian crisis and the subsequent capital flight, the book goes on to study the impact of these events on the Hong Kong economy, the role of the government in Indonesia and financial restructuring in Thailand. The book then explores the new movement of regional cooperation, such as Free Trade Agreement, and financial cooperation and integration. On the real side of the economy, the book delves into issues such as cooperation between Japan and China, development of the Greater Mekong sub-region, growth of China, fiscal coordination in Korea, technological network in East Asia, and growth and inequality in Vietnam./a
The Bond Market in Thailand
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292691945
Category : Business & Economics
Languages : en
Pages : 90
Book Description
The ASEAN+3 Bond Market Guide series provides member-specific information on the investment climate, rules, laws, opportunities, and characteristics of local bond markets in Asia and the Pacific. It aims to help bond market issues, investors, and financial intermediaries understand the local context and encourage greater participation in the region’s rapidly developing bond markets. This edition focuses on updates in the bond market in Thailand since the publication of the ASEAN+3 Bond Market Guide for Thailand in 2016.
Publisher: Asian Development Bank
ISBN: 9292691945
Category : Business & Economics
Languages : en
Pages : 90
Book Description
The ASEAN+3 Bond Market Guide series provides member-specific information on the investment climate, rules, laws, opportunities, and characteristics of local bond markets in Asia and the Pacific. It aims to help bond market issues, investors, and financial intermediaries understand the local context and encourage greater participation in the region’s rapidly developing bond markets. This edition focuses on updates in the bond market in Thailand since the publication of the ASEAN+3 Bond Market Guide for Thailand in 2016.
Remittance Markets in Africa
Author: Sanket Mohapatra
Publisher: World Bank Publications
ISBN: 0821385534
Category : Social Science
Languages : en
Pages : 380
Book Description
Remittances sent by African migrants have become an important source of external finance for countries in the Sub-Saharan African region. In many African countries, these flows are larger than foreign direct investment and portfolio debt and equity flows. In some cases, they are similar in size to official aid from multilateral and bilateral donors. Remittance markets in Africa, however, remain less developed than other regions. The share of informal or unrecorded remittances is among the highest for Sub-Saharan African countries. Remittance costs tend to be significantly higher in Africa both for sending remittances from outside the region and for within-Africa (South-South) remittance corridors. At the same time, the remittance landscape in Africa is rapidly changing with the introduction of new remittance technologies, in particular mobile money transfers and branchless banking. This book presents findings of surveys of remittance service providers conducted in eight Sub-Saharan African countries and in three key destination countries. It looks at issues relating to costs, competition, innovation and regulation, and discusses policy options for leveraging remittances for development in Africa.
Publisher: World Bank Publications
ISBN: 0821385534
Category : Social Science
Languages : en
Pages : 380
Book Description
Remittances sent by African migrants have become an important source of external finance for countries in the Sub-Saharan African region. In many African countries, these flows are larger than foreign direct investment and portfolio debt and equity flows. In some cases, they are similar in size to official aid from multilateral and bilateral donors. Remittance markets in Africa, however, remain less developed than other regions. The share of informal or unrecorded remittances is among the highest for Sub-Saharan African countries. Remittance costs tend to be significantly higher in Africa both for sending remittances from outside the region and for within-Africa (South-South) remittance corridors. At the same time, the remittance landscape in Africa is rapidly changing with the introduction of new remittance technologies, in particular mobile money transfers and branchless banking. This book presents findings of surveys of remittance service providers conducted in eight Sub-Saharan African countries and in three key destination countries. It looks at issues relating to costs, competition, innovation and regulation, and discusses policy options for leveraging remittances for development in Africa.
Redefining Strategic Routes to Financial Resilience in ASEAN+3
Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292691880
Category : Business & Economics
Languages : en
Pages : 293
Book Description
Rapid globalization and digitalization have transformed the financial landscape of ASEAN+3—the Association of Southeast Asian Nations (ASEAN) and the People’s Republic of China, Japan, and the Republic of Korea. Despite impressive reforms, the region faces continued challenges. These include deepening corporate bond markets, coping with cross-border bank concentration risk, reducing dependence on the United States dollar, achieving sustainable infrastructure investments, addressing pension issues, and supporting fintech development. This edited volume highlights the potential for stronger regional financial cooperation to address such challenges. It explores how regional financial cooperation could promote greater financial resilience and stability amid rapid economic and financial development and technological change.
Publisher: Asian Development Bank
ISBN: 9292691880
Category : Business & Economics
Languages : en
Pages : 293
Book Description
Rapid globalization and digitalization have transformed the financial landscape of ASEAN+3—the Association of Southeast Asian Nations (ASEAN) and the People’s Republic of China, Japan, and the Republic of Korea. Despite impressive reforms, the region faces continued challenges. These include deepening corporate bond markets, coping with cross-border bank concentration risk, reducing dependence on the United States dollar, achieving sustainable infrastructure investments, addressing pension issues, and supporting fintech development. This edited volume highlights the potential for stronger regional financial cooperation to address such challenges. It explores how regional financial cooperation could promote greater financial resilience and stability amid rapid economic and financial development and technological change.