Tag: ADB

Written by lookingbeyondborders

BRICS New Development Bank Launched In Shanghai

The five BRICS countries are home to 42.6 percent of the global population, 21 percent of the world’s economy and nearly half of the world’s forex reserves, but have been marginalized in the global financial landscape. For example, in the World Bank, the five have a total of only 13 percent of voting rights, while […]

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The Quiet Global Crisis

A big new State Department assessment has identified a major threat to global security. It’s not ISIS or Vladimir Putin. It’s not a rickety global economy or climate change or the threat of global pandemics. Instead, the report argues, these individual problems are symptoms of a much bigger issue — namely, a slow breakdown in global […]

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Is BRICs For Real?

Will BRICS create a framework that is as democratic in sharing governance space with other investors and stakeholders? This will be something to watch for as the systems and structures evolve. The notion that the NDB has been “Shanghai-ed” is perhaps a shallow understanding of this exciting new initiative.   Read Here – The Hindu

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For Pakistan, Water A Bigger Problem Than Terrorism

In a report released last week by the Asian Development Bank (ADB), Pakistan was pinpointed as “one of the most water-stressed countries in the world, not far from being classified, ‘water-scarce’.” As water demand exceeds supply in the South Asian country, more and more water is being withdrawn from the nation’s reservoirs, leaving them in a critically […]

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Re-imagining The Old Trade Routes

The efforts to re-establish ancient routes are tied up with the pragmatic needs of new nation states along the routes, such as in the former Soviet Union, for modern infrastructure and this millennium’s goals for development. Today, Unesco is perhaps less persuasive than the realpolitik of Uncad, UNDP, Unescap and ADB pooling their might to […]

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Afghanistan’s Coming Energy Boom?

Last month Afghanistan’s Minister of Mines, Wahidullah Shahrani, told the Wall Street Journal that he expects the country to start exporting oil as early as this year. Mr. Shahrani explained that oil wells in the Amu-Darya Basin in northern Afghanistan, while currently producing no oil, will have an output level of 25,000 barrels of oil a day by […]

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