Tag: Asia

 

Publications

Bangladesh is providing an immense global public good, hosting more than 688,000 Rohingya fleeing violence in Myanmar since August 2017.

Vietnam’s Exceptional Learning Success: Can We Do That Too?

Blog Post

In the last international PISA assessment for math and science, Vietnam outperformed many developed countries, including the UK and the US. Yet Vietnam only has a small fraction of the GDP of these countries. Should other countries with similar income levels, such as Indonesia, be asking themselves: “Why not me?”

Publications

Mobile savings hold great promise for empowering women entrepreneurs. Women are often disproportionately burdened by high transaction costs to access savings accounts.

Publications

Mobile savings hold great promise, because they can considerably reduce transaction costs that can be unduly heavy for women. Two questions guide us: how can we encourage more women microentrepreneurs to access formal savings accounts, and is mobile saving a particularly fitting solution? This series uses empirical evidence to address these issues.

Will China's Belt and Road Initiative Push Vulnerable Countries into a Debt Crisis?

Blog Post

In a new CGD paper, we assess the likelihood of debt problems in the 68 countries we identify as potential BRI borrowers. The big takeaway: BRI is unlikely to cause a systemic debt problem, yet the initiative will likely run into instances of debt problems among select participating countries—requiring better standards and improved debt practices from China.

Publications

China’s Belt and Road Initiative hopes to deliver trillions of dollars in infrastructure financing to Asia, Europe, and Africa. This paper assesses the likelihood of debt problems in the 68 countries identified as potential BRI borrowers. We conclude that eight countries are at particular risk of debt distress based on an identified pipeline of project lending associated with BRI. 

AIIB Has Another Opportunity to Establish Best MDB Practice

Blog Post

In advance of adopting a new Policy on Public Information, the AIIB is inviting suggestions on how it could best align public disclosure with its guiding principles of “promoting transparency, enhancing accountability and protecting confidentiality.” The adoption of the new policy provides AIIB President Jin Liqun and the AIIB shareholders an opportunity to demonstrate that this newest of multilateral development banks (MDBs) is serious about its commitment to adopting international best practices. I identified a number of actions that the AIIB could take to improve its disclosure practices. Here are my top three recommendations:

Publications

While it is far too soon to discuss returns, it is the right time to plan for the longer-term wellbeing of refugees and their host communities in Bangladesh.

China Borrows a Lot of Money from the World Bank, and That’s Okay

Blog Post

As the World Bank makes a case to its shareholders for a capital increase this year, they are grappling with an uncomfortable truth: one of their biggest borrowers, China, happens to hold the world’s largest foreign exchange reserves, is one of the largest recipients of foreign direct investment, enjoys some of the best borrowing terms of any sovereign borrower, and is itself the world’s largest sovereign lender.

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