Central Asia has for centuries been seen as a neglected Russian “backyard,” but international interest in the region has increased over the last two decades because of its vast stores of energy and natural resources. To achieve a brighter future the region must pursue greater economic integration.
Latest Blog Posts
The global market for sukuk – or Islamic debt securities – has soared from a tiny US$15 billion in 2001 to US$281 billion in 2013. Helping issuers tap the large pool of funds seeking shari’ah-compliant investments would help lower the cost of financing infrastructure, while the innovative profit-sharing structures of some sukuk could also lower the risk of financing such projects.
Asia’s drive to urbanize is taking an increasing toll on the environment with growing mountains of solid waste as city dwellers consume and discard resources at an ever increasing rate. If “green” cities are to be the answer to these environmental stresses then they will need to develop much more effective programs to reduce, reuse, recycle and recover waste.
The US Fed has been winding down its bond purchase program, widely known as “quantitative easing,” since December 2013. The program was introduced in the wake of the 2008 global financial crisis to fight the recession and foster a rapid economic recovery. With the improvement in the US economy, the Fed suggested at its policy meeting in March that the program may end this coming fall and it may start raising interest rates about six months from then.
How many of your childhood friends do you remember who climbed trees, drew imaginative pictures showing how things worked, built cities of Lego, rode bikes, constructed forts from blankets and furniture and invented elaborate games involving hiding, seeking, capturing … and getting really filthy?
Today’s World TB (tuberculosis) day provides an important occasion to raise awareness about a disease that continues to affect millions of people around the globe.
Striking rates of economic growth notwithstanding, 550 million people remain hungry in Asia and the Pacific, 65% of the population has no safe piped water, and more than 600 million people live without electricity. Overcoming these problems requires a combined approach in which food, water and energy are treated as a nexus, rather than as separate, standalone issues, which has too often been the case in the past.
Increasing women’s leadership in the water sector may appear straightforward given affirmative measures such as project gender action plans and gender targets designed to boost female involvement. However, in practice, very few women have emerged as leaders in the sector as a direct outcome of these measures.