Sri Lanka is an excellent example of how it makes good economic sense for the public sector to drive private sector development in Asia and the Pacific.
Bruno Carrasco leads ADB-wide knowledge, innovation, policies and strategies in all thematic and sector operation areas and ensures compliance with environment and social safeguards policies. He oversees the administration of trust funds and global funding initiatives and provides advice to Management on strategic and policy matters, work plans, and major operational matters. He joined ADB 23 years ago and has served in countries across all its regional departments. He holds a doctorate degree in economics from the University of Essex.
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Creating a bankable project is not enough to automatically mobilize financing.
ADB research on how to strengthen India’s fiscal rules yields multiple recommendations for other countries in developing Asia.
Let’s make housing finance accessible to middle- and low-income households that are part of the informal economy.
It's time for Sri Lankan banks to do more to support SMEs and infrastructure development.
The delivery of services – such as clean water, reliable public transport, schools and hospitals – through economic and social infrastructure is among the most important functions of government. Resources must be well spent to ensure quality.
With timely and well-targeted programs, policy makers can prevent the health crisis from deepening into a wider economic and financial crisis. This could sow the seeds of economic recovery.
As Asia and the Pacific comes out of the crisis with significantly larger public debts, their infrastructure investments will need to be efficient, affordable, and sustainable.