Abstract:
Asia Infrastructure Investment Bank 亚洲基础设施投资银行 (AIIB) is a financial institution proposed by China on October 2013. It is an institution for large-scale infrastructure investments in Asia-Pacific area. Currently, by August 2015, 37 regional and 20 non-regional members are prospective founding members and 50 of which have signed the Articles of Agreement including South Korea, Australia, India. Official establishment of AIIB is announced to be at the end of 2015.
This report would focus on general introduction of AIIB and its impacts on South Korean economy as South Korea decides to join AIIB as a member.
Macroeconomics Team 1
LEE, Benjamin Jinseok (jleeae@stu.ust.hk)
HONG, Evangeline, Suyeon (shongae@ust.hk)