I analyze the risks in the banking systems in East Asia using the standard supervisory framework, which assesses capital adequacy, asset quality, management, earnings, and liquidity (CAMEL), I find that banking systems in the region are sound, but that the short-term outlook is negative. Second,...

This study examines a range of crossborder infrastructure development issues related to the Asian countries. Despite active pursuit of private investment in infrastructure by most developing countries in Asia and a growing number of success stories, the pace of such investment remains slow....

This paper focuses on the relevance to emerging economies of three major financial reforms following the global financial crisis of 2007 - 2009: (1) the improved capital requirements intended to reduce the risk of bank failure ("Basel III"), (2) the improved recovery and resolution regimes for...

This paper is an attempt to explain the changes to finance sector reforms under the Dodd-Frank Act in the United States and Basel III requirements globally; their unintended consequences; and lessons for currently fast-growing emerging markets concerning finance sector reforms, government...

Green growth simultaneously seeks economic development and environmental enhancement. In order to support green growth financially, the green finance sector needs to be developed. Funding and investment mechanisms of green finance are different from that of non-green finance, because green...

Uzbekistan set an ambitious goal to achieve the status of an upper-middle-income country by 2030, with the focus on growing a large and solid middle-class social stratum. The current reforms in Uzbekistan largely target the development of small businesses and private entrepreneurship (SME) as...

There has been significant growth in peer-to-peer (P2P) lending platforms in recent years, given the advancement of information and online technologies. Because this type of platform is gaining in importance and popularity, it becomes necessary to examine the factors that influence the...

Small businesses are considered one of the sources of innovation, productivity and dynamism in many countries. Thus, to translate innovative ideas into sustainable businesses, access to capital becomes a part and parcel of their business lifecycle. Despite their potential importance for economic...

As the growth of energy demand outstrips that of energy supply in Southeast Asia, it becomes imperative for ASEAN member states to seek energy efficiency improvements for sustained energy security. While green buildings have an overall low penetration rate in ASEAN, when compared to the rest of...

Financial inclusion plays an important role in giving households greater access to borrowing opportunities, which in turn can be used to improve human capital accumulation, socioeconomic status, and long-run economic development. One way to enhance households' access to and usage of the...