scholarly journals Broadening the Investor Base for Local Currency Bonds in ASEAN+2 Countries

2020 ◽  
Author(s):  
AISDL

This study was undertaken under ABMI and funded by the Government of Japan. It focuses on measures to expand the investor base for local currency bonds in ASEAN and the PRC and the Republic of Korea, with the goal of generating greater variety in investment objectives and a wider range of investment strategies. This will enhance market liquidity by creating new trading opportunities and will reduce market fluctuations by allowing bonds exhibiting different investment risks to be held by those most capable of bearing them. It is not only the size of the investor base that matters but also its diversity. An investor base can be large, however, if it is concentrated among a small number of institutions employing similar investment strategies, the result may be a multitude of “buy-and-hold” portfolios that ultimately undermine the efficiency and effectiveness of local bond markets.

2021 ◽  

This publication reviews recent developments in East Asian local currency bond markets along with the outlook, risks, and policy options. It covers the 10 members of the Association of Southeast Asian Nations and the People’s Republic of China; Hong Kong, China; and the Republic of Korea.


Author(s):  
I. Korgun ◽  
S. Sutyrin

This article discusses the measures of the government of the Republic of Korea to overcome the consequences of the COVID-19 pandemic. It shows what programs are being adopted to stabilize the social situation, normalize business activity and create conditions for the development of new sectors of the economy. An attempt is also made to suggest how relations with foreign economic partners may change in the post-tandem period.


1960 ◽  
Vol 14 (4) ◽  
pp. 659-661

The International Bank for Reconstruction and Development announced on June 17, 1960, a twenty-year term loan of $15.5 million, bearing 6 percent interest per annum, with amortization beginning in 1963, to the Republic of the Sudan, to finance most of the remaining foreign exchange costs of the Managil Irrigation Scheme, local currency requirements to be provided by the government of the Sudan. The project was an extension of, and patterned on, the Gezira Scheme, one of the most successful irrigation projects in the world, and a 10 percent annual increase in the value of Sudan's agricultural output was expected to result from its development. Three United States banks participated in the loan.


2021 ◽  

This guide provides comprehensive information on Mongolia’s local currency bond market. Since 2002, the Asian Development Bank has been working closely with the Association of Southeast Asian Nations (ASEAN) and Japan, the People’s Republic of China, and the Republic of Korea—collectively known as ASEAN+3—under the Asian Bond Markets Initiative to develop resilient regional financial systems. Mongolia became an official observer of ASEAN+3 Bond Market Forum in 2019 and has been an active participant since then. This guide aims to contribute to a better understanding of Mongolia’s local currency bond market and facilitate its further development.


2021 ◽  
Vol 1 (7) ◽  
pp. 359-380
Author(s):  
I. G. Aktamov ◽  
Yu. G. Grigoreva

The issues of the reasons, factors and features of labor migration of Mongolian citizens to the Republic of Korea in the post-socialist period of the country’s development are considered. The results of a comparative analysis of the data of official statistics, government bodies of Mongolia and the Republic of Korea, as well as international organizations are presented. A review of scientific works on this issue by domestic, Mongolian, South Korean authors is carried out. The relevance of the study is due to the need to analyze migration processes, which in the near future will determine the socio-economic development of the states of Northeast Asia, taking into account the age, professional, gender characteristics of the “receiving” and “arriving” communities. It has been proven that the government of Mongolia pays great attention to migration policy, which emphasizes the migration of Mongolian citizens to the Republic of Korea. The authors identified the main factors influencing migration flows, and also determined the mechanisms of state regulation in the recent historical period. In the conclusion, the results of the analysis carried out on the problem and the prospects for the development of the study are formulated, including in the field of studying migration flows from the border regions of the Russian Federation. 


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