For developing economies like Kazakhstan, Asia’s infrastructure push offers opportunities to improve road safety.
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.
Quotes and Quotas is a weekly digest of phrases and facts that help explain Asia’s infrastructure push.
The challenge today for multilateral development banks is not how to mobilize excess savings but how to catalyze abundant capital for development.
The Asian Development Bank will sign and Agreement with Myanmar to become a strategic and operational adviser for the countries entire transportation sector.
The China-led Asian Infrastructure Investment Bank surpassed its lending target of $1.2 billion in its first year, according to Nikkei Asian Review.
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.
Is the “City of Gold” a miracle or a model for development?
The China example shows that it will be important for other countries to invest not only in high-quality infrastructure, but to also dedicate sufficient thought in how best to plan and deliver these projects to stay within cost and time budgets.
By 2030, two-thirds of the world’s middle class will reside in Asia. The middle class will demand quality infrastructure that meets their needs, without corruption or waste.
Unless China shifts to fewer and higher-quality infrastructure investments, the country is headed for an economic crisis, which is likely to spread to the international economy.
There are six areas where the United States can directly influence the soft infrastructure in the reconnecting Asia footprint. All of these must be done in coordination with our bilateral and multilateral partners.
This report discusses the estimated $1 trillion annual global infrastructure gap and provides recommendations on how U.S. agencies and multilateral development banks can better incentivize private-sector investment in global infrastructure.
Many of the proposed projects will be delayed or never built, but those that are will transform the region.
While the Belt and Road Initiative has the potential to fund valuable new transit infrastructure, it also risks stirring domestic political competition, fueling networks of graft and rent-seeking, and not fulfilling its transformative potential.
With the fall of the Bamboo Curtain in Asia and of the Iron Curtain in Europe, the progressive economic integration of the Greater Eurasian supercontinent became possible and by now it has become seemingly inevitable.
Kyrgyzstan views China's emphasis on infrastructure development and regional connectivity under the rubric of the Silk Road Economic Belt as wholly congruent with Kyrgyzstan's economic development priorities and national interests.