Japan Times: Asia and Countries

japan times: Asia has, without doubt, become the center of the global economy, and the region's presence in the world will increase even further in the years ahead, Sawada said in a recent phone interview with The Japan Times, according to The Japan Times. In the past, many Asian countries were low-income economies. The economic growth in Asia is still promising, Yasuyuki Sawada, who has served as the ADB's chief economist from March, said. But today, many of them have become middle and even high-income countries. With Japan and the U.S. being its two main shareholders, the Manila-based international financial institution membership is comprised of 67 countries and regions 48 within Asia and the Pacific and 19 outside. Established in 1966, ADB has financed both the public and private sectors in Asia and the Pacific to foster their development projects such as infrastructure. (news.financializer.com). As reported in the news.