The Asian Development Bank in a Reconnected Asia
Asian Development Bank President Takehiko Nakao discusses infrastructure investment’s impact on inclusive and sustainable economic growth in Asia at the 2017 Global Development Forum.
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15 Items, Page 3 of 3
Assessing Asia’s Infrastructure Needs
Quotes and Quotas is a weekly digest of phrases and facts that help explain Asia’s infrastructure push.
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.
Matthew Goodman: US, Japan Can Aid Asia’s Infrastructure Boom
Asia’s economic growth has fueled a boom in infrastructure investment across the region. China has taken a lead role with its newly launched Asian Infrastructure Investment Bank and its Belt and Road Initiative — also known as “One Belt, One Road” — which aims to improve connectivity and cooperation between China and the rest of Eurasia.
The Role of U.S. Soft-Infrastructure in Influencing the Reconnecting of Asia
In October, CSIS launched its Reconnecting Asia project, which seeks to track the various initiatives by China, Russia, Japan, South Korea, and other growing Asian powers to reconnect Asia and Europe via old trade routes. These modern-day Silk Roads will use highways, railroads, ports, bridges, and pipelines to reduce the travel time between the two continents. The best known of these initiatives is China’s “One Belt, One Road” in Central Asia. This is an ambitious undertaking across 43 countries that encompasses 69 percent of the global population and 60 percent of global gross domestic product (GDP). The efforts to reconnect Asia with Europe will be one of the biggest forces shaping the next 30 years, bringing new markets, people, and resources into the fabric of the global geopolitical landscape. If successful, it will revolutionize logistics and create trillions of dollars in economic value through increased trade and economic activity.