Archive | May, 2015 InfrastructureEducationEconomicsPublic-Private Partnership
The time is ripe for enhancing economic integration between South Asia and Southeast Asia. The new “normal” era of slow growth in advanced industrial economies following the global financial crisis suggests that Asian economies will need to rely more on domestic and regional demand to secure inclusive growth. The recent slowdown in growth in the People’s Republic of China suggests further grounds for tapping growth opportunities between South Asia and Southeast Asia. Read more.
By Rajika Bhandari. Posted May 19, 2015
In most higher education discourse today it is not unusual to hear the claim that the world’s center of gravity is shifting toward the East. Indeed, no region has undergone as profound a transformation as Asia during the past half-century, from the 1970s to the present. Unprecedented economic growth has driven major social and demographic change and institutional reform and, in most countries, has brought about greater stability. The advent of a large middle class, coupled with openness and market reforms driven by economic imperatives, has contributed to greater interconnectedness among Asian states and between them and the rest of the world. Read more.
Considering the importance of small and medium-sized enterprises (SMEs) for employment and GDP and the number of such firms in Asian countries, further efforts need to be made to offer SMEs access to finance. Asian economies are often characterized as having bank-dominated financial systems and underdeveloped capital markets, and as a result, banks are the main source of financing for SMEs. Read more.
By Pratish Halady. Posted May 1, 2015
Discussions I’ve had around public-private partnerships (PPPs) in Asia have typically focused on India and the PRC because of their strong deal volumes. Having listened to and interacted with agencies in several ASEAN countries, I believe ASEAN is at an inflection point that could soon make it the bustling PPP market ADB has long been working toward. Read more.
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