Benchmark
Deeper Capital Markets Hold Key to Asia's $800 Billion Question
Motorcyclists travel along a road as construction continues on a bridge in Ho Chi Minh City, Vietnam.
Photographer: Linh Luong Thai/BloombergThis article is for subscribers only.
Here's how emerging Asia can unlock $800 billion in extra funding per year, McKinsey & Co. says: by developing deeper capital markets.
Asian economies from Vietnam to Indonesia can certainly use the funds--as much as $300 billion in the government sector, with the rest in the private sector--to lift millions out of poverty and provide much-needed infrastructure development, the consulting firm said in a report.