In this article, we look at current trends in financing infrastructure in south and southeast Asia — from "hybrid structures" in the Philippines, to efforts to encourage the involvement of capital markets in infrastructure. When it comes to emerging markets in Asia, the "infrastructure gap" term is all too familiar the major gap between a country's infrastructure needs and the ability of its government to fund those needs. Traditionally, financing for infrastructure in Asia has been dominated by public sector funding whether through direct government budgetary funding, official development assistance or other concessionary loans at the sovereign level although private sector financing has remained consistent in the power and telecommunications sectors.
The racial and ethnic makeup of the American people is in flux. New immigrants from Asia and Latin America have added a large measure of cultural and phenotypic diversity to the American population in recent decades, just as waves of immigrants from Southern and Eastern Europe did a century ago Bean and Stevens ; Higham ; Lieberson and Waters : Ch. Moreover, the boundaries between racial and ethnic groups are becoming blurred by high rates of intermarriage and the growing number of persons with mixed ancestry Lee and Bean
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In tandem with a modest recovery in global commodity prices and international trade, the growth outlook for the emerging economies has improved since late Based on projections made in the World Economic Situation and Prospects as of mid report United Nations,emerging economies are expected to experience a moderate pick-up in growth in andmarking a reversal of the downward trend seen since Figure 1. However, economic growth continues to be below the average for the period between andand emerging economies remain susceptible to external and domestic shocks, amid rising uncertainty in the international policy environment and structural weaknesses.
Emerging markets EM have evolved and created investor opportunities in the past ten years. Find out how. Cashless, electronic payments are rapidly catching on in emerging markets, and particularly in Asia.
In our outlook, further divergence in emerging market growth is a major theme. We believe that the existing divergence in the pace of GDP growth across EM markets and regions is likely to widen for three main reasons: continuing downward pressure on commodity prices; divergent monetary policy impacts; and differing degrees of success from structural reforms in each economy. One of the principal factors explaining this diverging economic performance in emerging market growth is the fall in commodity prices.
Asian Management in Transition provides a comparative examination of business and management in Asia. It examines the impact of both globalization and national managerial cultures on managerial development and practices and assesses the varying responses to global challenges made by economies with different managerial heritages. Read more Read less.