Gloom (continued)
Article Abstract:
Most fund managers in Asia now have negative views about all emerging markets across the world, believing the developed markets offer a much safer investment option. It is not anticipated that Asian financial markets will revive in the near future. Fund managers have different criteria which will determine when they will be prepared to invest in Asia again. Many are widening their mandates from just buying Asian equities to selling them too. Pessimism about Asia is partly fuelled by fears that Japan could have a negative impact on the rest of the region.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1998
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Building further success
Article Abstract:
The Asian Development Bank (ADB) was founded in 1966 and has 40 of its 56 member countries located in Asia. The ADB provides financing for development projects in emerging and third world countries through lending and equity investments. The ADB is reinventing itself for the 21st century and today is focused on socioeconomic issues including environmental problems. ADB president Mitsuo Sato identified restoring the concessional Asian Development Fund as one the organization's major challenges.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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Mid-life crisis; Asian Development Bank gropes ahead
Article Abstract:
The Asian Development Bank (ADB) is responding to conflicting pressures by redefining its traditional role. Many delegates from the banks' shareholder countries remain unclear about what they envision for the ADB in the future. The ADB is increasingly acting to mitigate sovereign risk instead of lending directly to governments. This can include providing guarantees to banks who are wary of political risk in issuing long-term loans.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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