This is the first of a series of planned reports on microcredit in China. In this paper we offer our view of what is preventing microcredit from developing in China and offer a list of recommendations for Chinese policy makers that wish to promote this sector. Our preliminary analysis suggests that microcredit is not developing...Read More
In the latest GPI Policy Paper, Chris Dixon focuses on the issue of an Asian Monetary Fund (AMF). At the time of its launch in March 2010, the Chiang Mai Initiative Multilateralisation (CMIM) was widely reported, particularly in Asia, as heralding the establishment of an AMF that would provide both an independent alternative to the...Read More
In the wake of the global financial crisis a new international order is coming to the fore, writes Chris Luenen. What we are witnessing today are the birth pangs of a world of three regional monetary and trading blocs. The realisation is slowly setting in that once the global crisis has abated, globalisation, as we...Read More
On 17 April (2009), the second meeting of ASEAN (Association of Southeast Asian Nations) and AAF (Asia Forum) meeting took place in Singapore. This one-day conference was organised by the Singapore Institute of International Affairs (SIIA) and was attended by some 300 representatives of the region’s governments, private sector and think-tanks. Given the timing of...Read More
Recent economic indicators of the performance of the Japanese economy have been weak and prognosis negative. In December Japanese industrial output contracted by 10%. In January this trend intensified. Moreover Toyota has announced 7,000 job losses and Honda a four month closure of their UK plant. Other labour market indicators and consumption related data suggest...Read More
The emerging Pacific Asian economies are clearly not immune to the current international financial crisis. All the major economies remain heavily dependent on Foreign Direct Investment (FDI) and export earnings, particularly from the USA. The vulnerability of the Pacific Asia economies is reflected in the behaviour of the regional stock markets, the sharp declines in...Read More
The title for this essay comes from the fact that contrary to the general Western perception, Pakistan does actually work as a country, not as well as many, but better than some; and that it is in no immediate danger of collapse, except as a result of misguided and reckless US policies. Pakistan is in...Read More
The Global Policy Institute is a research institute on international affairs. It is based in the City of London, and draws on both a rich pool of international thinkers, academics as well as policy and business professionals. The Institute gives non-partisan guidance to policymakers and decision takers in business, government, and NGOs.
