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ADB Urges Asia to Take Advantage of Global Value Chain Opportunities

Asian economies—having reaped substantial gains from global value chains in the past 25 years—can extend these gains if governments and business work together to reduce tariffs and non-tariff trade barriers, and improve logistics and transport infrastructure, says a new ADB report.

Developing Asia Fastest Growing Region as Key Economies Advance Reforms

Developing Asia remains the fastest growing region globally despite slower-than-expected growth in major industrial countries as key economies in the region move ahead with structural reforms, says a new ADB report.

Fast Track Reform to Boost Indian Growth, Says ADB

Spurred in part by a new government with a strong mandate and a wide-ranging reform agenda, the Indian economy is set to benefit from a revival of investment and improved growth in advanced economies, says a new ADB report.

Structural Reforms More Important Than Growth Targets in PRC, Says ADB

teady consumption and rising external demand will support economic growth in the People’s Republic of China this year, especially if the government continues an accommodative macroeconomic policy package, the ADB said in a new report released today.

ADB President Reaffirms Support for Pakistan’s Development and Flood Reconstruction

ADB President Takehiko Nakao today met with Pakistan Prime Minister Mian Muhammad Nawaz Sharif to discuss ADB’s partnership with Pakistan and the country’s development opportunities.

Asia Uniquely Positioned to Lead Global Knowledge Economy - ADB

Asian countries have a unique opportunity to transform themselves and leapfrog older technologies to lead the global knowledge-based economy of the future, says a new report from ADB.

New Creative Productivity Index to Help Foster Innovation in Asia

A new Creative Productivity Index developed by ADB and Economist Intelligence Unit ranks Japan and the Republic of Korea as countries most efficient in the Asia and Pacific region at turning creative inputs into tangible innovation. Myanmar, Pakistan, and Cambodia, by contrast, are ranked as the least efficient innovators.

ADB Launches Asia Women Leaders Program

ADB today launched the Asia Women Leaders Program to address a glaring absence of women from leadership roles in Asia and the Pacific.

New ADB Office to Provide Independent PPP Transaction Advisory Services

ADB today opened a new office to provide governments with independent advice on shaping public-private partnerships (PPPs), a key conduit for greater infrastructure investment in developing Asia.

ADB President Commits to Partnering With India in Reigniting Growth and Reducing Poverty

ADB President Takehiko Nakao met with India’s Prime Minister Narendra Modi and Finance Minister Arun Jaitley and stressed that ADB is committed to partnering with India in reigniting growth and reducing poverty. ADB will help India accelerate infrastructure development, boost manufacturing, improve the skills of young people to enhance their employability, expand trade through regional cooperation, and promote private sector activities.