Sasidaran Gopalan
Sasidaran Gopalan
Sasidaran Gopalan is senior research fellow at the Nanyang Business School, Nanyang Technological University. He has held various academic and research appointments, including the Graduate School of Public Policy at Nazarbayev University in Kazakhstan, Asia Competitiveness Institute at Lee Kuan Yew School of Public Policy, National University of Singapore, and HKUST Institute for Emerging Market Studies.

Beyond concerns about sharp exchange-rate gyrations, there is growing recognition that the shock-absorbing powers of exchange rates are highly limited when the dollar is the invoicing currency.

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Asian bond markets have grown massively since the 1997 currency crisis but remain dominated by government bonds and, while attracting huge foreign investor interest, also create capital flight vulnerabilities