Central banks are in a powerful position to support the development of green finance models and enforce adequate pricing of environmental and carbon risk by financial institutions.
The People's Republic of China’s financial system has become more complex and interconnected but foreign participation remains low.
Aligning the financial sector with sustainable development is key to achieving green transformation in Asia.
Developed countries’ long-term interest rates have influenced long-term government bond yields in emerging Asia.
Good governance and the right macroprudential measures play an important role in dealing with quantitative easing spillovers.