The right actions by microfinance institutions and governments can ensure a promising outlook for microfinance in Asia this year.
Steven Beck, the Head of ADB’s Trade and Supply Chain Finance Program, answers questions about the trade finance gap in Asia and around the world, based on ADB’s Trade Finance Gaps, Growth, and Jobs Survey.
We need to know as much as possible about how products are made. This will require new systems that bring greater transparency to global trade and supply chains.
Mandating public credit ratings for all publicly and privately traded bonds will improve the transparency and sustainability of Viet Nam’s corporate bond market.
Though there are many similarities between tech startups and other small businesses, they need to be treated differently from a policy and regulatory standpoint.
Fostering a culture of inclusion is a highly complex, long-term process. The corporate world and other players in private sector need to do their part to maximize opportunities for all genders.
Simple privatization was once seen as a catch-all solution to the problems of state-owned enterprises. Today, broader solutions are needed that change the systems in which these companies operate.
The pandemic laid bare the fragility of global supply chains and the need to increase access to trade finance to spur economic growth and create jobs.
Despite significant gains in the last decade, Viet Nam’s infrastructure lags regional peers such as Indonesia, Malaysia, and Thailand. Partnering with the private sector will help close the gap.
Viet Nam’s water sector is promising for investors but a bold reform agenda is needed to connect private capital to this crucial public service and unleash the development and economic growth that will follow.