Tag "Asian Development Bank"
BRICS bring little opportunity to India
While the BRICS were once lauded as a group of emerging economic prestige, recent economic problems within member states suggest that India can find better opportunity elsewhere. At a recent
Mongolia needs to diversify to avoid recession
Mongolia is suffering from an over-dependence on mining as global commodity prices and demand from China decrease: diversification is urgently needed. Having capitalized on the global commodity boom, and its
Jin Liqun’s Asia Infrastructure Investment Bank
A GRI Power Brokers feature on Jin Liqun. Jin Liqun has been adeptly managing the development of the new Asia Infrastructure Investment Bank (AIIB). In this issue of GRI’s “power
Five Risks to ASEAN Growth
Last week, the Asian Development Bank downgraded the 2015/2016 growth rate forecasts for most ASEAN countries, and the region as a whole. The latest revised figures revel some of the
Sri Lanka’s Tamils search for economic lifeline
As the Sri Lankan government continues to evade international investigations into war time atrocities, Sri Lanka’s Tamils have sought economic opportunities with mixed results. For Sri Lanka’s Tamils, the legacy of
How BRICS’ new bank will challenge the West
BRICS countries have launched the New Development Bank with the aim of boosting infrastructure investment. The new bank may not become a key lender in the world economy but could challenge
China expands Asian Infrastructure Investment Bank proposal
As border disputes heat up between China and its neighbors, the Chinese government kept up its push for a financial institution that would benefit the Asian countries at large. But will this whole