Development Futures: The case for an Indo-Pacific Economic Resilience Bank

Development Futures: The case for an Indo-Pacific Economic Resilience Bank

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Eighty years ago, the Bretton Woods agreement shaped the global financial system to build a better world. While its institutions remain vital, they are struggling to meet today’s challenges — climate change, economic insecurity, and a multi-trillion-dollar development financing gap. In this podcast, Lowy Institute researchers Alexandre Dayant, Michelle Lyons and Roland Rajah explore the proposal for an Indo-Pacific Economic Resilience Bank (IERB) — a bank that will aim to diversify critical supply chains, reduce China’s dominance in clean energy, and mobilise new capital for the clean energy transition in the Indo-Pacific.

Read and download the Lowy Institute Analysis The case for an Indo-Pacific Economic Resilience Bank by Michelle Lyons, Roland Rajah and Grace Stanhope.

AUDIO

Areas of expertise: Politics and economics in Asia and the Pacific; Aid and international development policy.
Areas of expertise: Climate change policy, climate finance, climate change implementation and evaluation
Areas of expertise: International economic policy; Asia Pacific economies; macroeconomics; economic development; aid and development finance; globalisation; geo-economics.  
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