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multilateral development banks and infrastructure investment

Quality Infrastructure and the Multilateral Development Banks

Global infrastructure demand is estimated at approximately $3.7 trillion annually, with the majority of that demand being generated in developing countries. Asia alone will require more than $700 billion annually to support its growing infrastructure needs through 2020. As developing countries continue to experience population growth, rapid urbanization, and economic and industrial expansion, the need for quality and lasting infrastructure will remain acute.

To End a World War

To End a World War

On December 15, Japanese Prime Minister Shinzo Abe and Russian President Vladimir Putin will try to end World War II. For over seven decades, a dispute over four islands, which Russia calls the Southern Kurils and Japan calls the Northern Territories, has prevented a formal peace agreement. New research suggests a resolution is likely out of reach, but economic diplomacy could lay the groundwork for an eventual agreement.