This year’s Asian Development Bank annual meeting takes place on the European side of the Caspian Sea in Baku, Azerbaijan. While that may seem an odd choice for the Manila-based institution, it does provide an excellent backdrop for many of the talking points troubling the more Eastern parts of Asia.
Asian Development Bank president Takehiko Nakao looks forward to collaborating with China’s new development institution and a stronger, streamlined ADB.
The Asian Infrastructure Investment Bank is quickly taking shape after countries from the UK to Myanmar applied to join as founding members ahead of a March 31 deadline. The new, China-led bank now has a staff of 35 and has launched its own website, but several questions remain unanswered.
Green bonds and other socially responsible investments are beginning to take off in Asia, but domestic investors lag far behind their European counterparts.
The Triple A rated Asian Development Bank raised US$500m on March 12 from its inaugural print of Green bonds, giving another boost to the rapidly growing market.
A looming hike in US interest rates is raising new questions for Asia, after a surge in dollar borrowing increased the region’s exposure to global capital flows.
Lower oil prices have given many Asian economies a welcome lift, but policymakers can do more to capitalise on the opportunity by putting their energy savings to good use.
Longstanding ambitions to bring Asian infrastructure financing into the capital markets have taken a giant step towards reality with the refinancing of Delhi International Airport. Are project bonds finally taking off in Asia?
Efforts to connect emerging Asian issuers with conservative Japanese investors have proven frustrating, but Abenomics is giving the yen a bigger role in funding Asian growth.
Azerbaijan, the host of this year’s Asian Development Bank annual meeting, is suffering from lower oil prices, but its prudent fiscal policy offers some lessons to other Asian governments.