Non-governmental organizations(NGOs), represented by the Institute of International Finance(IIF), are an important means of international financial cooperation. Asian Financial Cooperation Association(AFCA), with its ...Non-governmental organizations(NGOs), represented by the Institute of International Finance(IIF), are an important means of international financial cooperation. Asian Financial Cooperation Association(AFCA), with its nature and positioning similar to the IIF, is a newly founded international NGO under the Belt and Road Initiative(BRI). Therefore, AFCA can draw upon the existing experience of the IIF. Under the BRI, according to the Articles of AFCA, the non-governmental financial cooperation adopted by the IIF includes these three aspects; coordinating regional financing, developing regional financial markets, and maintaining regional financial stability. Further, since AFCA is non-governmental, it faces certain risks and challenges. In future, the new financial cooperation backed by AFCA needs to evolve and improve over time to better support the Belt and Road construction.展开更多
基金"A Study on Changes in the Legal Order of International Finance"(11JJD820009),a major project funded by the Key Research Institute of Humanities and Social Sciences at Universities,Ministry of Education"A Study on Legal Matters Regarding the Financial Stability Board(FSB)in Global Financial Governance"(15CFX072),a youth project funded by the NSSF
文摘Non-governmental organizations(NGOs), represented by the Institute of International Finance(IIF), are an important means of international financial cooperation. Asian Financial Cooperation Association(AFCA), with its nature and positioning similar to the IIF, is a newly founded international NGO under the Belt and Road Initiative(BRI). Therefore, AFCA can draw upon the existing experience of the IIF. Under the BRI, according to the Articles of AFCA, the non-governmental financial cooperation adopted by the IIF includes these three aspects; coordinating regional financing, developing regional financial markets, and maintaining regional financial stability. Further, since AFCA is non-governmental, it faces certain risks and challenges. In future, the new financial cooperation backed by AFCA needs to evolve and improve over time to better support the Belt and Road construction.
