Harnessing Technology for More Inclusive and Sustainable Finance in Asia and the Pacific

Harnessing Technology for More Inclusive and Sustainable Finance in Asia and the Pacific PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292613499
Category : Business & Economics
Languages : en
Pages : 54

Get Book

Book Description
Asia and the Pacific continues to embrace financial technology advances that are reshaping the traditional banking and financial services industry. This is being done through the digitalization, decentralization, and disintermediation of economic transactions. This report tracks the progress of financial innovation in the region, and discusses its implications for financial inclusion and stability as well as its challenges. It also identifies key policy issues for central banks, financial regulators, and international financial institutions.

Harnessing Technology for More Inclusive and Sustainable Finance in Asia and the Pacific

Harnessing Technology for More Inclusive and Sustainable Finance in Asia and the Pacific PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292613499
Category : Business & Economics
Languages : en
Pages : 54

Get Book

Book Description
Asia and the Pacific continues to embrace financial technology advances that are reshaping the traditional banking and financial services industry. This is being done through the digitalization, decentralization, and disintermediation of economic transactions. This report tracks the progress of financial innovation in the region, and discusses its implications for financial inclusion and stability as well as its challenges. It also identifies key policy issues for central banks, financial regulators, and international financial institutions.

Sustainable Development Goals

Sustainable Development Goals PDF Author: Julia Walker
Publisher: John Wiley & Sons
ISBN: 1119541840
Category : Business & Economics
Languages : en
Pages : 328

Get Book

Book Description
Achieving the Sustainable Development Goals through Finance, Technology and Law Reform Achieving the SDGs requires a fundamental rethink from businesses and governments across the globe. To make the ambitious goals a reality, trillions of dollars need to be harnessed to mobilise finance and accelerate progress towards the SDGs. Bringing together leaders from the World Bank, the financial and business sectors, the startup community and academia, this important, topically relevant volume explains what the SDGs are, how they came about and how they can be accelerated. Real-world case studies and authoritative insights address how to direct investment of existing financial resources and re-align the global financial system to reflect the SDGs. In depth chapters discuss how financial institutions, such as UBS Wealth Management, Manulife Asset Management and Moody’s Rating Agency are supporting the SDGs. The opportunities arising from Blockchain, Big Data, Digital Identity and cutting-edge FinTech and RegTech applications are explored, whilst the relevance of sustainable and transparent global supply chains is underscored. Significant attention is paid to law reform which can accelerate progress of the SDGs through SME Financing, Crowdfunding, Peer-to-Peer Lending and tax restructuring. To achieve the ‘World We Want’, much needs to be done. The recommendations contained within this book are critical for supporting a fundamental shift in thinking from business and governments around the world, and for building a more just and prosperous future for all.

China's Belt And Road Initiative, The Eurasian Landbridge, And The New Mega-regionalism

China's Belt And Road Initiative, The Eurasian Landbridge, And The New Mega-regionalism PDF Author: Richard Pomfret
Publisher: World Scientific
ISBN: 9811208743
Category : Political Science
Languages : en
Pages : 199

Get Book

Book Description
This contribution to the World Scientific series on the Belt and Road Initiative focuses on the overland connections west from China, the Silk Road Economic Belt component of the BRI. It emphasizes the economic underpinning of the Belt in the market-driven creation of the Eurasian Landbridge and the linking of regional value chains. A fundamental economic driver behind this is the twenty-first century evolution of international value chains, in which China plays a major role, and their transformation by new trade technologies. Finer fragmentation of production and wider scanning for participants in value chains underlie the need for common, preferably global, regulation of new trade technologies and the emergence of mega-regional trade agreements (and China's response to such agreements).Thus, the Eurasian part of the Belt and Road Initiative must be seen in conjunction with China's growing role in the twenty-first-century global economy. Especially since the 2016 US presidential election, these connections have become entwined with China's reactions to criticisms of the Belt and Road Initiative and China's recognition of the benefits of more nuanced economic diplomacy to find common ground with other economic powers, notably the European Union and signatories of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

Redefining Strategic Routes to Financial Resilience in ASEAN+3

Redefining Strategic Routes to Financial Resilience in ASEAN+3 PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292691880
Category : Business & Economics
Languages : en
Pages : 293

Get Book

Book Description
Rapid globalization and digitalization have transformed the financial landscape of ASEAN+3—the Association of Southeast Asian Nations (ASEAN) and the People’s Republic of China, Japan, and the Republic of Korea. Despite impressive reforms, the region faces continued challenges. These include deepening corporate bond markets, coping with cross-border bank concentration risk, reducing dependence on the United States dollar, achieving sustainable infrastructure investments, addressing pension issues, and supporting fintech development. This edited volume highlights the potential for stronger regional financial cooperation to address such challenges. It explores how regional financial cooperation could promote greater financial resilience and stability amid rapid economic and financial development and technological change.

Formalization of the Informal Economy

Formalization of the Informal Economy PDF Author: Colin C. Williams
Publisher: Springer Nature
ISBN: 3031379284
Category : Business & Economics
Languages : en
Pages : 129

Get Book

Book Description
This Brief provides a cutting-edge evaluation of the application of digital technologies to tackle the informal economy. Employing institutional theory to explain the informal economy, this book reveals that the informal economy arises when formal institutional failings trigger a gap between the formal rules of the game and social norms. Chapters outline how use of digital technologies by public authorities, such as tax, social security and labor authorities, can alter social norms so that they accord with the formal rules of the game and generate a formalization of the informal economy. Setting out the e-government tools that can improve the relationship between businesses, employers, workers and citizens, and government, this book will be essential reading for academics and advanced students studying development economics, labor economics, public economics, behavioral economics, economic sociology and institutional economics as well as for government policymakers working in related fields.

Harnessing Science, Technology and Innovation for Inclusive and Sustainable Development in Asia and the Pacific

Harnessing Science, Technology and Innovation for Inclusive and Sustainable Development in Asia and the Pacific PDF Author: United Nations Economic and Social Commission for Asia and the Pacific
Publisher: United Nations
ISBN: 9210580532
Category : Political Science
Languages : en
Pages : 138

Get Book

Book Description
The Study calls for governments to put in place action-orientated science, technology and innovation (STI) programmes aligned to development strategies to meet the ambitions of the Sustainable Development Goals (SDGs). It proposes a conceptual framework for STI that is bound by the principles of openness, inclusivity and collaboration, and moves the focus beyond the economic to integrate the social and environmental pillars of sustainable development. The Study concludes by recommending areas for action by Member States to create an enabling environment for STI, fully integrating the three pillars in to STI policy, and to facilitate regional STI collaboration.

Making Money Work

Making Money Work PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292549928
Category : Business & Economics
Languages : en
Pages : 209

Get Book

Book Description
The new sustainable development agenda is expected to touch every country, person, and activity. Therefore, shouldn't every dollar count toward achieving it? Asia and the Pacific, home to more than half of humanity, has the money to improve the lives of all its people, and protect the planet in fair and durable ways. However, funds are in many hands, invested elsewhere, or used for various purposes. It is time to move beyond this fragmentation and align finance behind sustainable development, recognizing that while capital will be key, so will the capacity to apply and attract it effectively. This report explores some of the ways forward. It highlights not just the need to inject more money into investments that contribute to sustainable development, but also the need to attract funds toward them---to finance human needs, infrastructure, and cross-border public goods. The report spans public and private options, in their distinct roles and in combination. An eight-point agenda suggests how key constituents can do their parts. Working together, they can make money work for development where benefits are not only more equitably shared, but will last for generations to come.

Harnessing Blockchain-Digital Twin Fusion for Sustainable Investments

Harnessing Blockchain-Digital Twin Fusion for Sustainable Investments PDF Author: Jafar, Syed Hasan
Publisher: IGI Global
ISBN:
Category : Business & Economics
Languages : en
Pages : 463

Get Book

Book Description
The pressing challenge of aligning cutting-edge technologies with environmental sustainability has emerged as a pivotal issue. As the demand for green investment strategies intensifies, the need for a comprehensive understanding of how to integrate blockchain and digital twins into financial practices becomes increasingly urgent. The disconnect between these innovative technologies and sustainable finance practices is a gap that, if left unbridged, hampers progress toward a more environmentally responsible financial future. Harnessing Blockchain-Digital Twin Fusion for Sustainable Investments emerges as the solution to this critical problem. This book serves as a transformative guide, offering a deep dive into the synergy of blockchain and digital twins, providing real-world applications, case studies, and strategy frameworks. Tailored for academia, finance professionals, technologists, policymakers, and company leaders, this book bridges the gap between cutting-edge technologies and sustainable finance practices. It not only contributes to ongoing research but also acts as a catalyst for innovation, empowering individuals to make informed decisions in an evolving financial landscape with a heightened commitment to environmental responsibility. Embark on a journey with this groundbreaking resource, where technology meets sustainability, and discover how to reshape finance for a greener and more innovative future.

Distributed Ledger Technology and Digital Assets

Distributed Ledger Technology and Digital Assets PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292616471
Category : Business & Economics
Languages : en
Pages : 90

Get Book

Book Description
This report offers an analytical framework that allows for more systemic assessments of distributed ledger technology (DLT) and its applications. It examines the evolution and typology of the emergent technology, its existing and projected applications, and regulatory and policy issues that they entail. This report highlights the trends, concerns, and potential opportunities of DLTs, especially for Asian markets. It also identifies the benefits and risks to using DLT and offers a functional and proportional approach to these issues.

Harnessing Digitalization for Sustainable Economic Development

Harnessing Digitalization for Sustainable Economic Development PDF Author: John Beirne
Publisher:
ISBN: 9784899742456
Category : Economic development
Languages : en
Pages : 426

Get Book

Book Description
"Harnessing digitalization for sustainable economic development: insights for Asia" describes digitalization's role in raising the productive capacities of economies. It examines how digital transformation can enhance trade, financial inclusion, and firm competitiveness, as well as how greater digital infrastructure investment, internet connectivity, and financial and digital education in the region can maximize digitalization's economic benefits. It also explains the importance of striking the right balance between the regulation and supervision of financial technology to enable innovation and safeguarding financial stability and consumer protection. Part I of the book seeks to build an understanding of digitalization's effects on macroeconomic performance, including through trade channels and financial inclusion. Part II examines automation and the impact advancements in digital technology can have on firms via technology spillovers and the labor market. Finally, Part III highlights onward policy challenges for achieving sustainable and inclusive economic development outcomes amid accelerating technological change and demand for a more digitalized economy" -- Publisher's website.