Simultaneously with its entry into the IDB and the IIC, the Republic of Korea would also join the Multilateral Investment Fund
Bank debt issuance across Asia is soaring this year, driven by the need to comply with Basel III regulations. Fresh impetus from China is set to send volumes higher still
With every resource that it needs to become a wealthy country, Kazakhstan should be doing better, but its economy remains stubbornly tied to energy and metals prices. President Nazarbayev is running out of time to transform his nation
Jamaica is getting back on track and could become an unlikely poster child for the IMF. However, elsewhere in the Caribbean the threat of default looms and some countries are not ready to ask for help
The World Bank’s East Asia chief, Axel van Trotsenburg, tells Emerging Markets why it is boosting its investment in Myanmar threefold.
Rising US interest rates should in theory lead investors to withdraw money from emerging economies so those in Latin America suffering weak growth. But leading debt bankers feel that the party has some time to go.
It is 13 years since the IMF called for an international agreement on how to wind up defaulted sovereign debt. Still there is no mechanism, and regrettably the vulture funds pursuing Argentina still seem to hold sway in the US. It's time for change
Something needs to be done to improve lending in the country. That’s what competition should do… We’re so far from where we should be in terms of credit-to-GDP
Jesse Ang, International Finance Corp
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