Iwan J. Azis is the Head of the Asian Development Bank’s Office of Regional Economic Integration (OREI). He assumed office in September 2010. Mr. Azis has over 33 years of professional experience as an economist and an academic. Before joining ADB, Mr. Azis was a Professor and Director of Graduate Studies of the Regional Science Program and Adjunct Professor of Economics of Johnson Graduate School of Management at Cornell University, USA. He joined Cornell University in 1992. Prior to this, Mr. Azis was the Chairman of the Department of Economics at the University of Indonesia, and Director of the World Bank-funded Inter-University Center.
This publication discusses risks and opportunities that arise in Emerging Asia given the context of a new environment in global liquidity and capital flows.
Examines how the surge in liquidity in Asian financial systems has changed the behavior of a variety of agents and institutions toward non-core liabilities and non-core assets, while for the financial sector it leads to a surge in loans.
Given the catastrophe in the world's largest economy and the subsequent unprecedented ultra-easy money policies, policy makers around the world have to face a new environment. The resulting capital flows in emerging market economies were huge and volatile. These flows have been intermediated through the banking sector (Phase One), and through the capital market, especially the fast growing bond market (Phase Two).
With increased interdependence between the People's Republic of China (PRC) and Asia, if the new financial policy direction makes the PRC’s growth more stable, balanced, and sustainable, it will be good for Asia.
This study looks at significant shock and volatility spillovers from mature bond markets into select emerging Asian local currency bond markets.
This paper shows that the decentralization policy even in a democratic system like in Indonesia is welfare-enhancing only for the developed regions, not for all.
亚洲开发银行(亚行)最新发布的《亚洲债券监测》显示,东亚新兴本币债券市场回暖,但是美国上调利率的步伐快于预期,美元升值可能带来一些问题。
Emerging East Asia’s local currency bond markets are resilient but a faster-than-expected US interest rate hike and a stronger dollar could pose problems, says the ADB's latest Asia Bond Monitor.
Developing Asia must boost productivity if it is to continue to enjoy strong economic growth, reduce poverty and inequality, delegates heard at an Asian Regional Cooperation and Integration conference.
亚洲开发银行(亚行)的一份新报告指出,进入2014年以来,东亚新兴市场本币债券表现良好,但是由于美国利率上调早于预期、中华人民共和国(中国)房地产市场增长放缓,以及中东局势紧张导致的避险情绪与通货膨胀加剧,这一良好态势可能受到影响。
รายงานฉบับล่าสุดของธนาคารพัฒนาเอเชีย หรือ เอดีบี กล่าวว่าตลาดพันธบัตรเงินสกุลท้องถิ่นที่เกิดใหม่ในเอเชียตะวันออกมีการเติบโตโดยรวมที่ดีในปี 2557 อย่างไรก็ตาม อัตราดอกเบี้ยสหรัฐที่ปรับเพิ่มสูงขึ้นเร็วกว่ากำหนด ตลาดอสังหาริมทรัพย์ในจีนที่ชะ...
Emerging East Asia’s local currency bonds have performed well so far in 2014 but an earlier-than-anticipated US rate hike, a slowing property market in the People’s Republic of China, and higher risk aversion and inflation...
Local and offshore demand for emerging East Asia’s local currency bonds is rising again and should continue given strong economic growth prospects in the region, said the ADB's latest Asia Bond Monitor.
亚洲开发银行(亚行)今日发布的《亚洲经济一体化监测》指明,亚洲国际关系的转变和全球经济的变迁意味着该地区需要加强经济合作。
Shifting relations between Asian countries and the changing global economy mean that Asia needs to strengthen its economic cooperation, says ADB's Asian Economic Integration Monitor released today.
Pasar obligasi domestik di negara kawasan Asia timur telah mampu bertahan menghadapi volatilitas pasar yang terjadi belakangan ini, namun risiko akan terus meningkat dan negara-negara di kawasan tersebut harus tetap siap untuk menghadapinya. Demikian diungkapkan Bank Pembangunan Asia dalam laporan Asia Bond Monitor terbarunya yang diluncurkan di Jakarta bekerja sama dengan Otoritas Jasa Keuangan.