Depleted financial reserves and a shrinking tax base mean it is no longer possible to simultaneously deliver high defense spending, price stability, and economic growth.
Alexandra Prokopenko
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The Asian Infrastructure Investment Bank addresses a pressing need in Asia and its differences with existing multilateral banks may help it to be more responsive.
Source: Center for Strategic and International Studies
In the inaugural episode of the ChinaPower podcast, Carnegie’s Yukon Huang joins CSIS’ Bonnie Glaser to discuss the Asian Infrastructure Investment Bank (AIIB). Fifty-seven countries have already joined the multilateral development bank. Another thirty-plus are waiting in the wings, yet both the United States and Japan have opted not to join. This ChinaPower exclusive explores the prospects for the AIIB’s success, its potential impact on other international lending institutions, and whether China’s leadership within the bank will bolster China’s international influence.
This interview was originally broadcast by the Center for Strategic and International Studies.
Senior Fellow, Asia Program
Huang is a senior fellow in the Carnegie Asia Program where his research focuses on China’s economy and its regional and global impact.
Bonnie Glaser
Center for Strategic and International Studies
Depleted financial reserves and a shrinking tax base mean it is no longer possible to simultaneously deliver high defense spending, price stability, and economic growth.
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