The New Development Bank in the Asian 21st Century: A Golden Opportunity for the Global South

The New Development Bank in the Asian 21st Century: A Golden Opportunity for the Global South

COLOMBO, Sri Lanka, May 15 (IPS) - Asia is the fastest growing and most dynamic region of the world according to a recent IMF Report; “Recovery Unabated Amid Uncertainty”. ¹

Asia and the Pacific will contribute around 70 percent of global growth this year as expansion accelerates after Covid-19 supply chain disruptions, with ongoing geopolitical turmoil and war in Europe, as well as, various hybrid over the horizon cyber and kinetic attacks targeting Indian Ocean ports and shipping.

Read the full story, “The New Development Bank in the Asian 21st Century: A Golden Opportunity for the Global South”, on globalissues.org →

https://www.globalissues.org/news/2023/05/15/33788 [Collection]