Financing Asia’s Growth - Asian Development Bank.pdfVIP

FinA ncinG AsiA’s Growth Gemma B. Estrada, Marcus Noland, Donghyun Park, and Arief Ramayandi no. 438 adb economics July 2015 working paper series ASIAN DEVE LOPMENT BANK ADB Economics Working Paper Series Financing Asia’s Growth Gemma B. Estrada, Marcus Noland, Gemma Estrada (gestrada@) is Senior Donghyun Park, and Arief Ramayandi Economics Officer from the Asian Development Bank (ADB). Marcus Noland (mnoland@) is No. 438 | July 2015 Executive Vice President and Director of Studies of Peterson Institute for International Economics. Donghyun Park (dpark@) is Principal Economist from ADB. Arief Ramayandi (aramayandi@) is Senior Economist also from ADB.   ASIAN DEVELOPMENT BANK Asian Development Bank 6 ADB Avenue, Mandaluyong City 1550 Metro Manila, Philippines © 2015 by Asian Development Bank July 2015 ISSN 2313-6537 (Print), 2313-6545 (e-ISSN) Publication Stock No. WPS157498-2 The views expressed in this paper are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular t