Tag Archives | Chiang Mai Initiative Multilateralization
Finance sector development
Economics, Energy, Finance sector development, Governance and public sector management
A new global and regional financial architecture to address global shocks
![A new global and regional financial architecture to address global shocks A new global and regional financial architecture to address global shocks](https://www.asiapathways-adbi.org/wp-content/uploads/2018/08/A-new-global-and-regional-financial-architecture-to-address-global-shocks-180x180.jpg)
In the postwar period, the global economic and financial architecture was dominated by the advanced economies in the West. They designed the international monetary system, international development financing frameworks, and global trade liberalization schemes. They also dominated the leadership of key global institutions related to economic and financial stability, the International Monetary Fund (IMF), and, more recently, the Financial Stability Board (FSB).
Twenty years after the Asian financial crisis: The evolution of Asian financial cooperation
![Twenty years after the Asian financial crisis: The evolution of Asian financial cooperation Twenty years after the Asian financial crisis: The evolution of Asian financial cooperation](https://www.asiapathways-adbi.org/wp-content/uploads/2017/05/Twenty-years-after-the-Asian-financial-crisis-The-evolution-of-Asian-financial-cooperation-180x180.jpg)
When Asia was hit by its regional financial crisis 20 years ago, Asian policy makers were quick to call for regional solutions to what was perceived to be a common problem: Asian countries’ dependence on foreign finance. Prominent political figures and scholars argued for a greater regional focus of monetary and economies policies, suggesting the introduction of currency baskets modeled on trade patterns, financial structures, and even Asian currency units akin to the European Currency Unit, the euro’s predecessor.
![Get the best of ADBI delivered to your inbox.](https://www.asiapathways-adbi.org/wp-content/uploads/2017/07/AP-ADBI-News.jpg)
![Asia's Developing Future](https://www.asiapathways-adbi.org/wp-content/uploads/2017/07/AP-ADBI-Podcast.jpg)
Search
Subscribe / Connect to Asia Pathways
Subjects
- Agriculture and natural resources
- Blog
- Capacity development
- Climate change
- Economics
- Education
- Energy
- Environment
- Finance sector development
- Gender
- Governance and public sector management
- Health
- Industry and trade
- Information and Communications Technology
- Infrastructure
- Miscellaneous
- Population
- Poverty
- Private sector development
- Regional cooperation and integration
- Sanitation
- Social development and protection
- Transport
- Uncategorized
- Urban development
- Video Blog
- Water
Recent Posts
- Linking Farmers to Markets Through Agricultural Cooperatives and E-Commerce in Asia
- How Can Governments Support Electricity Distribution to Achieve Net Zero in Asia?
- Promoting Corporate Climate Action Through Greenhouse Gas Accounting
- Evaluating G7 Commitments on Climate Change, Health, Well-Being, and Agriculture
- Will the G7 Apulia Summit Follow Think Tanks to Rearticulate Multilateralism?
Recent Comments