Smart Nation, Silicon Valley Technology and Asia Growth Strategy
Tuesday, December 1, 201512:00 PM - 1:30 PM (Pacific)
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 the 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.
David LEE Kuo Chuen is a visiting scholar at the Walter H. Shorenstein Asia-Pacific Research Center (APARC) for the fall of 2015. He is currently the Director of Sim Kee Boon Institute for Financial Economics. He holds the appointment of Practice Professor of Quantitative Finance, Lee Kong Chian School of Business, in Singapore Management University. He is also the founder of Ferrell Asset Management Group. His research interests encompass digital and Internet finance, digital banking, Asia finance, impact investing, financial inclusion and asset allocation. During his time as a Fulbright Scholar at Shorenstein APARC, his research will focus on harnessing Silicon Valley technology for connectivity and financial inclusion in ASEAN and Singapore. David is also an Independent Director of two SGX-listed companies and sits on the Investment Committee and Council of two charitable organizations. He is the Vice President of the Economic Society of Singapore. He was the Founding Vice Chairman of the Alternative Investment Management Association (Singapore Chapter), a member of the SGX Security Committee, and MAS Financial Research Council. He was also the Group Managing Director of OUE Limited and Auric Pacific Limited, as well as the Non-Executive Chairman of MAP Technology Limited. David speaks frequently in international conferences with occasional appearances in Bloomberg, Reuters and Channel NewsAsia. He has published in Financial Analyst Journal, Journal of Investing, Journal of Wealth Management, Journal of Statistical Computation and Simulation, Applied Financial Economics, and several books and chapters on Household Economics and Hedge Funds. His two books on Asia Finance focus on Banking, Sovereign Wealth Funds, REITs, Financial Trading & Markets, and Fund Performance. His latest book is on Digital Currency. He graduated from the London School of Economics and Political Science with a BSc (Econs), MSc (Mathematical Economics and Econometrics) and a PhD in Econometrics and Mathematical Economics.