Cover IMF Working Papers
Future of Asia’s Finance: How Can it Meet Challenges of Demographic Change and Infrastructure Needs?
Author: Ding Ding, Mr. Waikei R Lam, and Mr. Shanaka J Peiris
Series:
IMF Working Papers
Volume/Issue:
Volume 2014: Issue 126
Language:
English
Publication Date:
16 Jul 2014
DOI:
https://doi.org/10.5089/9781498321082.001
ISBN:
9781498321082
ISSN:
1018-5941
Pages:
26
Keywords:
WP; Asia; saving; infrastructure investment; cost of capital; Demographic change; infrastructure financing; financial deepening; financial integration; capital and financial flows; Asia EM Asia; infrastructure gap; rate of return; Infrastructure; Aging; Domestic savings; Asia and Pacific
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Download PDF (1,002.7 KB) Download Epub
There is a role for Asia’s financial sector to play to address the challenges associated with the region’s changing demographics and infrastructure investment needs. Enhancing financial innovation and integration in the region could facilitate intra-regional financial flows and mobilize resources from the aging savers in industrialized Asia to finance infrastructure investment in emerging Asia. Strengthening the financial ties within the region as well as with the global financial markets alongside appropriate prudential frameworks could also help diversify sources of financing and reduce the cost of funding in emerging Asia. Finally, financial deepening could help ease the potential overheating from scaling up infrastructure investment and hence achieve a more balanced growth in the region.
Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund