IFF Reports

  • 2023 IFF Global Finance and Development Report

    The Report consists of four chapters. The first chapter, Global Economic Outlook, Risks, and Policy Priorities, was written by Zhuang Juzhong, IFF Academic Committee member and former deputy chief economist of the Asian Development Bank (ADB), and Wang Xuesong. The second chapter, Global Financial Market Review and Outlook, was written by Xia Le, IFF Academic Committee member and chief economist for Asia at BBVA Research, and Cai Jinghan. The third chapter, Review and Outlook on Global Green Finance Innovation and Policy Development, was co-authored by Lu Xuedu, IFF Academic Committee member and former lead climate change specialist at the East Asia Department of the Asian Development Bank (ADB), and Liang Xi, Ren Jiying, Zhao Yang, and Wang Xiaoqing. The fourth and final chapter, Big Data, Artificial Intelligence and Blockchain Finance, was co-authored by Song Min, IFF Academic Committee member and former dean of economics and the management school of Wuhan University, and Si Haitao and Liu Kehua.

    2023-10-28

  • 2022 IFF Global Finance and Development Report

    The 2022 IFF Global Finance and Development Report 2022  comprises two sections. The first part, the Global Economic Outlook, includes a global economic outlook for 2023, a mapping of major risks for the global economy, and broad and practical policy recommendations. The second part focuses on digital finance, which has taken off in recent years thanks to technologies such as artificial intelligence (AI), big dataBig Data, and cloud computing, and their wider applications. Digital finance helps create a new financial ecosystem, upgrade financial business models, and inject new vitality into the world's real economy. Opportunities asideIn addition to these opportunities, it also generates risks and challenges in terms of privacy protection, information security, and financial stability etc. The report offers an in-depth look at digital finance from three perspectives, i.e.: its definition and history, opportunities and challenges, as well asand risks and regulations.

    2022-12-05

  • Green Finance Working Group

    Nearly half of the decarbonization required to get to net zero by 2050 is reliant on access to clean power generation. But in many parts of the world, energy that is inexpensive, reliable, and clean is not available at scale. And the decarbonization of transportation, buildings, and industry will require a complex ecosystem of new and innovative low-carbon technologies beyond the supply of clean power. Driving the investment and innovation needed for a more inclusive low-carbon transition will require a combination of thoughtful public policy, private sector engagement, and capital market solutions.

    This is why, in December 2021, Goldman Sachs and the International Finance Forum (lFF) convened global companies - including financial institutions and key sector participants from the United States, Europe, and China - to launch the Green Finance Working Group (GFWG). Over the last year, the GFWG explored five key pillars, which were discussed and analyzed over a series of meetings, in order to develop recommendations for how to accelerate the global climate transition.

    2022-12-03

  • 2021 IFF Global Finance and Development Report

    To strengthen continuous tracking and research on major global issues, and with a view to promoting economic recovery and sustainable development and enhancing the role of financial services, starting in 2021 the International Finance Forum (IFF) decided to produce the Global Finance and Development Report (GFDR). The IFF GFDR aims to provide an annual assessment of global economic trends and prospects, financial development and innovation, and long-term challenges and policy issues based on cross-country data. The report was to be released at the IFF Global Annual Meeting.
    The inaugural issue of the IFF GFDR contains three chapters: Global Economic Outlook, Global Green Finance Development Index and Country Rankings, and Roadmap to Global Carbon Neutrality and China's Climate Actions.

    2022-04-21

  • 2021 IFF China Report

    The IFF China Report 2021 presents the insights of global leaders, policy-makers, finance experts, business leaders, politicians and scholars into on these important issues under five themes: sustainable development and global economic growth in a post-pandemic era, the Belt and Road Initiative (BRI), green finance, global capital markets, and fintech. One of the report’sA key message of the reports is that there is plenty of scope for global cooperation across all of these areas, and this will making speed up the global recovery from the pandemic speedy and make it more sustainable as well.

    Author:IFF

    Date:2021-06-01

  • 2020 IFF China Report

    The conclusion of the China-US Phase One trade agreement demonstrates that the two sides can still work together constructively with mutual trust. The outbreak of the COVID-19 pandemic also once again shows the importance of cooperation and trust, while multilateral efforts are also essential to addressing issues related to illness, poverty, and climate risks, as well as securing a safer and brighter future.

    The 2020 IFF China Report offers insights by going beyond the headlines. The report focuses on five main themes: financial stability, China's latest round of opening up, the Belt and Road Initiative (BRI), green finance and fintech, and regional and multilateral cooperation.

    Author:IFF

    Date:2020-04-08

  • 2019 IFF China Report

    The 2019 IFF China Report covers five topics, namely New Globalization: The Path to the Future, Redesigning the International Trading and Monetary System, the Belt and Road Initiative, Deepening of Financial Reform, Fintech and Green Finance, and The Construction and Development of the Greater Bay Area.

    The report also contains insights from senior policymakers and other experts from China's financial supervision department and primary financial institutions, including the National Development and Reform Commission, the People's Bank of China, China's Securities Regulatory Commission, China's Banking and Insurance Regulatory Commission, the Ministry of Finance, the Ministry of Commerce, the Asian Infrastructure Investment Bank, the China Development Bank, and the Bank of China.

    Author:IFF

    Date:2020-02-13

  • 2018 IFF China Report

    The IFF China Report 2018 marked the 40th anniversary of China's economic reform and opening up, as well as the fifth anniversary of President Xi Jinping's visionary speech on the "Belt and Road Initiative" (BRI), which is also the main focus of the 2018 report.

    China has remained steadfast in its efforts to transform its growth model away from heavily polluting industry and manufacturing towards high-tech and the service industry – i.e., moving away from 'made in China' to 'made by China'. Meanwhile, it has also boosted domestic consumption, thus making it less reliant on trade, and it has also committed itself to taking more of a leadership role in supporting international trade and development.

    The IFF China Report 2018 also includes a forecast by Justin Lin that examines Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, and predicts the impact of China's growth model over the next 30 years.

    Author:IFF

    Date:2020-02-13

  • 2016 IFF China Report

    The IFF China Report 2016 was co-published by the International Finance Forum and the UK’s Central Banking Publication (CBP). The report is a collection of views and opinions of China's top leaders, policymakers and financial scholars regarding China's development over the past year. It opens a window for readers to better understand China's economic development and financial reforms.
     
    The IFF China Report 2016 is composed of four chapters: Transforming China's Growth Model, Financial Deepening and Market Reform, International Trade, Investment and Cooperation, and The Internationalization of the Renminbi. Each chapter contains analytical articles that review relevant topics, as well as interviews with and remarks from top thinkers and policymakers.

    Author:IFF

    Date:2020-02-13

  • 2015 IFF China Report

    The IFF China Report 2015 was co-published by the IFF Institute and the UK’s Central Banking Publication (CBP). Since publication, the report has been widely praised by senior financial executives, scholars, and financial institutions from over 170 countries.
     
    This report includes the views and remarks of more than 20 of China's policymakers regarding the country’s economic transformation and its role in the international monetary system. Some policymakers disclose their long-term strategic thinking on China's "new normal", including how to cope with challenges posed by laws and groups of vested interests. In addition, the report also discusses the "Belt and Road" Initiative put forward by President Xi Jinping. There are also analyses and remarks on topics such as loose government control over the economy, the enhanced role of the market, and less short-term stimulus.

    Author:IFF

    Date:2020-02-13