Reinforcing the regional trade-FDI nexus is imperative to promote sustained high and inclusive growth in developing Asia.
Cross-border development is crucial for SMEs to realize their potential as drivers of growth and job creation in Central Asia.
The country needs a more dynamic and innovative private sector, fueled by home-grown entrepreneurship.
The progress of digitization in trade is being driven by the objective of cost reduction – not inclusion.
Short-term gains will not guarantee long-term benefits for an individual economy, nor shared prosperity from open trade.
There’s more to development that just economic growth from international trade.
An ADB-financed project is helping female entrepreneurs open sewing workshops, bakeries and cattle ranches, and other business ventures.
In today’s multipolar world, creating barriers to trade will invariably result in reciprocity, so in the end all countries will be worse off.
Paolo Spantigati, ADB Country Director for Timor-Leste, hopes a coffee festival will be the first step in the country’s bid to diversify its economy.
Thousands of poor Nepalis are benefiting from livelihoods skills training provided by an ADB-supported program.