Disrupting Development Finance
The challenge today for multilateral development banks is not how to mobilize excess savings but how to catalyze abundant capital for development.
Emerging and developing markets are competing to attract outside investment and playing an even greater role in the global economy.
The challenge today for multilateral development banks is not how to mobilize excess savings but how to catalyze abundant capital for development.
Quotes and Quotas is a weekly digest of phrases and facts that help explain Asia’s infrastructure push.
Introducing the (X, Why) Series
With the “Belt and Road” initiative, the fast establishment of the Asian Infrastructure Investment Bank, the construction of ports and railways in Africa and elsewhere, and by pushing green energy, China is demonstrating what has been lost in the West in recent times.
Step into an elevator inside the world’s tallest building, and watch the lights dim as the doors close. The elevator begins to climb, and the darkness is broken by a video of other famous buildings, each taller than the next. Eventually, only a projection of the Burj Khalifa itself remains. Soaring 2,717 feet, it is roughly three Eifel Towers tall. Your ears confirm this, and after the elevator doors open to the observation deck, so do your eyes.