A Partnership for progress: A Partnership for progress: Strengthening International Financial Cooperation and Exchange.

Slides:

Advertisements

Similar presentations

Re-shaping the Role of Bretton Woods Institutions New Progress, New Trends, New Challenges, and New Directions By ZOU Jiayi World Bank Executive Director.

Advertisements

1 Regional Economic Outlook Middle East, North Africa, Afghanistan, and Pakistan Masood Ahmed Director, Middle East and Central Asia Department International.

SUOMEN PANKKI | FINLANDS BANK | BANK OF FINLAND Economic outlook 2011–2013 Euro & talous (Bank of Finland Bulletin) 5/2011 Governor Erkki Liikanen

New Zealand economic outlook Grant Spencer Reserve Bank of New Zealand September 2012 Eriksens Actuarial Auckland, 25 September 2012.

The winning and losing nations (or Sunrise, Sunset and Serendipity – time to start dropping BRICs) Sixth Gresham Lecture Douglas McWilliams Mercers School.

Quarterly revision of the macroeconomic projections Governor Dimitar Bogov August, 2012.

January 2013 Going global in fixed income. Agenda Going global in fixed income China – another debt bubble in the making? M&G Global Macro Bond Fund The.

Perspectives on U.S. and Global Economy Houston Region Economic Outlook Houston Economics Club and Greater Houston Partnership Omni Houston Hotel December.

The Financial Crisis and The Future of Financial Globalization Gian Maria Milesi-Ferretti International Monetary Fund, Research Dept. and CEPR.

23 May 2015 BANCO BNP PARIBAS BRASIL Louis Bazire.

CAPITAL INFLOW AND HOT MONEY Dianqing Xu China Center of Economic Research.

Argentina/Mexico Case Study [GCP Brazil: Modulo 2]

Annual Report 2003 Bank van de Nederlandse Antillen Willemstad, July 5, 2004.

1 Historic Challenges and Opportunities for Developing Asian Bond Market Shanghai, China November 2005 ZHU Guangyao Director-General International Department.

THE ECONOMIC & FINANCIAL MARKET OUTLOOK INTO 2008: The U.S. And Asia In The “New” Pacific Rim Economy A Presentation To The Asia/Pacific Business Outlook.

C A U S E S International factors: -Increased Access to Capital at Low Interest Rates -Heavily borrow -Access to artificially cheap credit -Global finance.

Guillaume Grosso Chief Operating Officer Policy Counsellor OECD Development Centre The Global Crisis: Implications for Developing Countries AN OECD DEVELOPMENT.

Global Financial Services Outline –Why and how U.S. banks engage in international banking –Foreign banks in the U.S. –International lending –Foreign exchange.

IMF is a forum of national economic policies, international monetary and financial systems, Which involves active dialogue with each member Country. When.

International Money and Finance. L ECTURE O UTLINE  THEORY OF INTERNATIONAL FINANCE  Foreign Exchange Rates  HISTORY OF INTERNATIONAL MONETARY AND.

Is African growth sustainable? Louis Kasekende Chief Economist, AFDB.

International Finance Lecture 3 EXCHANGE RATE AND BALANCE OF PAYMENTS.

Perspectives on key economic issues April 2013 Presentation to the Parliamentary Portfolio Committee on Finance by the South African Reserve Bank.

Financial Evolution, Regulatory Reform and Cooperation in Asia Session 3: Asian Financial Cooperation Doowon Lee.

Mobilizing international resources for development Rogerio Studart Executive Director for Brazil, Colombia, Dominican Republic, Ecuador, Haiti, Panama,

Copyright © 2011 Pearson Education 10-1 International Business Environments and Operations, 13/e Global Edition Part 4 World Financial Environment.

TEXT Economic Crisis Ends Years of High Growth Asian countries achieved outstanding economic performance for several decades before the economic crisis.

1 1 Bank of Zambia MEDIA BRIEFING BY CALEB M. FUNDANGA GOVERNOR BANK OF ZAMBIA 24 TH MARCH, 2009.

NATIONAL BANK OF AZERBAIJAN KHAGANI ABDULLAYEV, EXECUTIVE DIRECTOR.

ASEAN Beyond the Crisis: Prospects and Challenges of Recovery Aladdin D. Rillo Head, Finance Integration Division The ASEAN Secretariat Regional Conference.

BRICS and the New Delhi Summit: the way ahead Panel Discussion.

Financial Integration and Monetary Policy: Is there a new normal? IV Astana Economic Forum May 3, 2011 Suman Bery Prime Minister’s Economic Advisory Council,

International Monetary Fund (IMF) Should the values of the United States be reflected in the conduct of the International Monetary Fund?

Interest on Reserves: A Review of the Federal Reserve’s New Monetary Policy Tool Zamira Simkins University of Wisconsin-Superior Wisconsin Economics Association.

Coordination Among BRICS Central Banks for Monetary Policy- Why the Need But Why So Difficult? Jeevan Khundrakpam Meeting of BRICS Economics Research Group.

Globalized Banking, Shock Transmission, and Implications on Domestic and International Monetary Policy Stances of the Local Economy Masaru Tanaka Deputy.

A Tale of Two Crises: Korea’s Experience with External Debt Management Paper Prepared by Professor Yung Chul Park Seoul National University UNCTAD Expert.

The International Monetary Fund Hamad, Serdar and Srikant.

Achieving sustainable growth in SEE: Macroeconomic policies, structural reforms, socio-political support, and a sound financial system Governor Fullani,

Principles of Macroeconomics Money and Banking. Money Money = any item that is generally accepted as a means of payment for goods and services Common.

国家开发银行 China Development Bank 1 Overview of China Development Bank March 30, 2010.

1 Regional Economic Outlook Middle East, North Africa, Afghanistan, and Pakistan Masood Ahmed Director, Middle East and Central Asia Department International.

The Recovery in Developing Asia: Prospects and Challenges Conference on the Post-Crisis Growth and Poverty Reduction in Developing Asia Hanoi, Vietnam.

1 Regional Economic Outlook Caucasus and Central Asia Middle East and Central Asia Department International Monetary Fund May 2009.

1 April, 2012 Sergey Vasiliev Deputy Chairman x BRICS’ Role in Global Development up to 2020.

The Global and Regional Outlook Olaf Unteroberdoerster Resident Representative, Hong Kong SAR, International Monetary Fund Task Force on Economic Challenges’

Brazilian Economic Outlook for 2011 Minister of Finance Guido Mantega 2011 Brazil Summit New York, April 18, 2011.

October 4 th 2011 The Israeli Economy. GDP ($Billion) 218 Population (7/2011, Million) 7.8 GDP per capita ($) 28,575 Foreign Trade (% of GDP) 72% Total.

1 Global Financial Crisis and Central Asia Ana Lucía Coronel IMF Mission Chief for Kazakhstan Middle East and Central Asia Department International Monetary.

New Zealand’s Economic Outlook Reserve Bank of New Zealand February 2009.

Global Recession and Its Impact on the Asian Economy Denero November 2011.

Developing Bond Markets in Asia: Motivation, Obstacles and Achievements So Far.

Japan and Brazil Economic Outlook Brazilian Development Prospects

Financing for Development: A Progress Report on the Implementation of the Monterrey Consensus Meeting of the Committee of Experts of the 3rd Joint Annual.

OVERVIEW OF VIETNAM’S MACROECONOMY Le Hanh Thao – MA3N0208.

International Banking. Description Cross border cross country facet of banking business May not necessarily own or hold a physical presence offshore Traditional.

© 2014 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in any manner.

INTERNATIONAL MONETARY FUND JANUARY 2014 The Mauritanian Economy: Performance and Outlook.

The Impact of the Global Financial Crisis on Low-Income Countries Dominique Desruelle International Monetary Fund United Nations Economic and Social Council.

Moving into a Low Pressure Area? The Financial Sector Post-Crisis: Challenges and Vulnerabilities Brookings Institutions by Khalid Sheikh Head: Emerging.

Global economic forecast November 1st The economy has started to recover, but growth is heavily driven by short-term factors, such as a stabilisation.

Global economic forecast November 1st The housing market has stabilised recently but a sustained recovery is unlikely until 2011 Factors putting.

Business Environment-9 Institutions for sustainable economic globalization: International Monetary Fund 1.

SPILLOVER IN RUSSIA Sandip shakya APRIL 30, 2009.

Monetary Policy Report February 2011

Membership: 189 countries

Russia. Recent Developments and Long-Term Challenges

NS4540 Winter Term 2016 Latin America: Recovery 2016

Lecture 6 The Global Monetary System

Presentation transcript:

A Partnership for progress: A Partnership for progress: Strengthening International Financial Cooperation and Exchange

2 1. The Current State of the World Economy 2. Overview of BRICS Financial Cooperation 3. CDB is Dedicated to Strengthening International Financial Cooperation and Exchange The Economy and the DFI: BRICS Situationer & Outlook

3 The Current State of the World Economy Global financial crisis continues & economic recovery remains fraught Flaws and inconsistencies in the international financial system

4 1.1 Unresolved structural issues and the ongoing sovereign debt crisis continue to impede recovery Still suffer from high unemployment, weak demand, and anemic growth Depressed export markets, volatile exchange rates and commodity prices, dual pressures of inflation and slowing growth Global financial crisis continues & economic recovery remains fraught

5 1.2 ◆ Imbalanced supply and demand of major reserve currencies ◆ Instability of exchange rate regimes ◆ Absence of a well-functioning, integrated “regulatory union.” Flaws and inconsistencies in the international financial system

6 agreed to increase the quota shares (13%) and voting power of emerging and developing economies Achievements World Bank IMF Brazil, China, India, and Russia The G20 meeting in Cannes all hold seats on the IMF Executive Board signaled a push for greater representation, stability, and flexibility in the international monetary system 1.3 Progress achieved on the development of a new international economic and financial order

7 Overview of BRICS Financial Cooperation Cooperative Achievements To Date The Inter-bank Cooperation Mechanism was born and a cooperative memorandum was signed Master Agreement on Extending Credit Facility in Local Currency and the Multilateral Letter of Credit Confirmation Facility Agreement The Annual Meeting of the BRICS Interbank Cooperation Mechanism and Financial Forum was held in China

8 Overview of BRICS Financial Cooperation Outlook on Future Cooperation Promote local currency invoicing and lending Develop mechanisms to facilitate green financing Seek cooperation in strategic planning Make the inter-bank cooperation mechanism more tangible Offer better support for the real economy

9 CDB ★ strategic planning ★ government-led mobilization ★ development relief ★ social inclusion ★ finance facilitation ★ market pioneering Strengthening international financial cooperation and exchange China Development Bank (CDB) is a pioneer and prime actor in China's development finance sector.

Total asset: 950 billions USD Foreign Currency Outstanding: 210 bln USD Advantage of Scale 38 domestic branches, 2 overseas rep offices, 5 group subsidiaries NPL ratio : 0.4% ROA : 0.78% ROE : 10.52% annual net profit : RMB 43.9 bln Yuan Asset Size Asset Quality Profit Capability

11 China Development Bank will remain committed to the principle of mutual benefit and will continue to work closely with our global partners to promote further cooperation in international finance.