What are the constraints that have stalled EMs efforts to reuse their securities in international financial centers? We discuss the economics of collateral re-use and the present institutional structure in Asian and Latin American countries. Our empirical investigation suggests pledgeability...

The Asian economy has been driven by competing exports to other regions for many decades, and cross-border coordination and cooperation within the region has been scarce. Meanwhile, a platform economy that hinges on multi-sided market is gaining traction where production factors come together to...

The Asian economy has been driven by exports for many decades, and cross-border coordination and cooperation has been scarce. Meanwhile, a platform economy is gaining traction where production factors come together to breed creative services and innovation within an intricately connected...