Thaksin’s initiative, “A Mini-Asian-IMF” gets funding boosting

The attached ADB paper says: “The idea of the Asian bond market emerged first from Thailand in the summer of 2002. The creation of a bond market requires both issuers of bonds and investors in those bonds. The Thai initiative focused mainly on the investor side as then-Prime Minister, Thaksin Shinawatra, proposed that the members…

Sovereign Outlook Stable; Fitch Rating says emerging Asia to grow faster than emerging global

Credit Rating Agency Fitch, just reported that most emerging Asia sovereign are stable, and that emerging Asia, is expected to grow at a faster pace than emerging global average. Fitch says: Fitch expects emerging Asia’s macroeconomic performance as a region to outperform global peers. Emerging Asia is projected to remain the fastest-growing global region, with…