Smart Nation, Silicon Valley Technology and Asia Growth Strategy

Technological advances have brought us to a potential tipping point in the delivery of financial services that will affect the individual, firm, the industry and the country. How important will this development be for potential growth in developed and developing countries? Will the changes occur without official intervention, or will they need the state’s guiding hand to ensure that they provide their benefits with minimal risk? What measures are needed from policy makers and regulatory authorities to clear the path for faster growth?

This seminar, co-sponsored by the Stanford Center for International Development and the Shorenstein Asia-Pacific Research Center, will look at how a group of companies, an industry and a country have effectively capitalized on conducive regulatory environment opportunities offered by the technological advances and related disruptions. The talk will focus on the strategy of M-Pesa/Alibaba, Chinese Financial Sector and Singapore. The combination of Silicon Valley Technology and Smart Nation/City initiative may overcome some challenges of low productivity and low growth in many parts of the world especially in Asia and ASEAN.

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Presentation Slides