How can Asia close the gap between the haves and the have-nots?
Even within high-income countries, there are extreme divides between the haves and the have-nots. Better global governance is the key to addressing this imbalance.
1980, MA in English Literature, Beijing Foreign Studies University; 1988, Hubert Humphrey Fellow, Economics Graduate Program, Boston University. Active in international economic affairs for at least two decades, worked on bilateral and multilateral economic and financial forums. 1980, Ministry of Finance (MoF): 1980-82, staff assistant; Executive Director's Office for China, World Bank. 1983-85, Section Chief and 1985-87, Deputy Director, World Bank Department. 1989-92, Alternate Executive Director, World Bank. 1993-95, Deputy Director-General; 1995, Director-General, World Bank Department, Ministry of Finance. 1995-98, Assistant Minister and 1998-2003, Vice-Minister, Ministry of Finance. 2003-08, Vice-President, Asian Development Bank. 2008-13, Chairman of the Board of Supervisors, China Investment Corporation (CIC). 2013-14, Chairman, China International Capital Corporation. 2014-16, Secretary-General, Interim Multilateral Secretariat, Asian Infrastructure Investment Bank. Since 2016, President, Asian Infrastructure Investment Bank.
Even within high-income countries, there are extreme divides between the haves and the have-nots. Better global governance is the key to addressing this imbalance.
The AIIB joins the family of multilateral financial institutions in supporting broad-based economic and social development in Asia.