Advanced economies’ idle savings can be diverted to Asia’

Addressing the session of the 52nd Annual Meeting of the ADB,India’s Economic Affairs Secretary has said that funds from the advanced economies which are kept in pensions,insurance pools and in sovereign wealth funds could be diverted to developing countries in Asia where consumption is rising. For this,Asian Development Bank(ADB) could play a vital role in… Continue reading Advanced economies’ idle savings can be diverted to Asia’