In the Spotlight
Emerging East Asia’s bond markets have been strained this year due to muted growth, depreciating currencies, and US interest rates, says ADB's latest Asia Bond Monitor.
Asia’s small- and medium-sized enterprises need finance to help them grow into dynamic, internationally competitive companies. This is key to strong, sustainable growth in Asia as the world recovers from the recent global economic slowdown.
Growth projections for developing Asia are revised down from those in March as slower-than-expected recovery in the United States and moderating growth in the People’s Republic of China weigh on the region's prospects.
Asia and the Pacific has the money to improve the lives of all its people, and protect the planet in fair and durable ways. This report highlights not just the need to inject more money into investments that contribute to sustainable development, but also to attract funds toward them—to finance human needs, infrastructure, and cross-border public goods.