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Asia?s Investment Bank: A New Chapter In Sustainable Development

by The Daily Eye Team April 11 2015, 6:01 pm Estimated Reading Time: 0 mins, 29 secs

Development banks can help achieve much needed infrastructure development in Asia, but experts from the World Resources Institute caution that development must not come at the expense of communities or the environment. Recent news that the United Kingdom and other Western European countries will join the China-led Asian Infrastructure Investment Bank (AIIB) has prompted a flurry of discussion about how the United States, which has been reserved about the new institution, should respond. The Chinese-led AIIB is a new international financial institution (IFI) that will finance infrastructure projects in Asia.

About Author

Shantanu Ray Chaudhuri

Shantanu Ray Chaudhuri is a film buff and an editor. Books commissioned and edited by him have won the National Award for Best Book on Cinema twice and the inaugural MAMI (Mumbai Academy of Moving Images) Award for Best Writing on Cinema. In 2017, he was named Editor of the Year by the apex publishing body, Publishing Next. He has written for the online magazine Film Companion. He is a consultant, writer and editor for the newly launched film website Cinemaazi.com. He is the author of two books: Whims – A Book of Poems (published by Writers Workshop) and Icons from Bollywood (published by Penguin/Puffin).

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