The culminating piece in the Emerging Global Governance (EGG) Project's commentary series provides an overview of the New Development Bank's role in the international financial architecture and global systemic perspective. Read the full piece here.
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New Development Bank’s Role in the International Financial Architecture
"What We are Reading..."
Rising US Interest Rates Won’t Trigger Another Asian Financial Crisis
The ASEAN+3 economies are stronger and more resilient today than they were in the late 1990s. As a result, tighter US monetary policy may lead to higher borrowing costs and trigger portfolio outflows similar to the “taper tantrum” of 2013, but a full-blown 1997-style financial crisis in Asia is unlikely. Read the full piece here.
