TAGGED UNDER: Business, Economy & Finance, Entrepreneurs, International Affairs & Security
Economist and CrowdFunding champion Nasser Saidi keynotes in Seoul
Nasser Saidi, former chief economist at DIFC, gave the keynote at the 2013 Asian Financial Forum (AFF). Entitled “Asian financial transformation: Developing an RMB zone & Redback market” Nasser described the systemic risks of a hub-spoke financial system predicated on too big to fail institutions in advanced economies. Instead, given the growing strength of Emerging Market Economies (EMEs) and Asian markets, he advocated a more distributed ‘spiders-web’ of global financial centres, underpinned by an RMB Zone and Redback market.