As Brian Caplen continues his travels around the Pacific Island countries, he looks at how these places can protect themselves – both physically and economically – against the frequent natural disasters they contend with.
As Mongolia's economy slows, the chief executive of its stock market, Bolor Munkhsaikhan, tells Stefania Palma about efforts to deepen local capital markets to help hedge against a volatile currency and to diversify corporate borrowing away from bank loans.
Agricultural Bank of China has an impressive record when it comes to serving the country's rural areas. Newly appointed chairman Zhou Mubing tells Stefania Palma why the bank is committed to building its reach within the 'sannong' areas.
South Korea’s sound but stagnant capital markets are failing to attract investors. With the main index in the doldrums, the government is now intervening with revitalisation measures such as the launch of a new over-the-counter market. Michael Imeson reports.
Over the past few decades, the Philippines has enjoyed stellar economic growth but its poverty rates have remained unacceptably high. Its newly appointed finance secretary explains how his tax reforms will bring an end to this situation.
The IMF and World Bank must adapt their governance and quota reforms to reflect the growing global role of Asia and the rise of emerging economies, writes India's finance minister.
Mongolia's floundering economy is hitting the country's banks' growth, profits and asset quality. However, unlike previous such crises the lenders are coping well thanks in no small part to their impressive capitalisation. Stefania Palma reports.
While it appears likely that Mongolia will need another IMF bailout, hopes are high that the newly elected MPP government's austerity package could introduce the transparency and fiscal reforms necessary to stabilise the economy for good. Stefania Palma reports.
Mongolia's recently elected deputy finance minister, Khurelbaatar Bulgantuya, tells Stefania Palma how the country will finance a $2bn budget deficit before the end of the year.
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