Year in Review (2000)

In 2000, the Institute continued to explore postcrisis development paradigms for Asia through an overarching paradigm-organizing matrix, which covers four broad areas: development paradigms for Asia, strengthening financial and foreign exchange markets, sustaining Asian competitiveness, and new challenges for the public sector. Because the Institute began operations just after the Asian financial and foreign exchange crises, its research agenda has focused particularly on the financial and foreign exchange markets. In 2000, research included (i) identifying the nature of the crisis while preventing the occurrence of another, (ii) assessing the relationship between financial market structure and development and the financial crisis, (iii) strengthening banks and capital markets in crisis-hit economies, (iv) sequencing financial market liberalization, and (v) reforming corporate governance in crisis-hit East Asia. These forums and workshops, among others, comprised the Institute's 2000 agenda.

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