Restructuring the Financial System in Asia-Pacific

CAG invites submissions for the 2nd CAG Conference on Evolving Finance, Trade and Investment in Asia: Asia’s role in restructuring the global financial system. Click here to find out more about the Call for Papers.

The failure to reform the hegemony of Bretton woods institutions such as the World Bank and the International Monetary Fund (IMF) owing to the strong opposition by the US Congress has lead China and other emerging market economies (EMEs) to establish the New Development Bank (NDB) and the Asian Infrastructure Investment Bank (AIIB).

How do these newly established institutions reshape the established order by the US and Japan in governing finance and investments in Asia Pacific? What are the economic ramifications? How should the EMEs best align their economic interests? How can the financial system in Asia Pacific be redesigned to maximise the growth potential of the region?

Principal Investigator

Collaborators

Research Assistants