Tag: South Asia Must Reform State-Owned Banks & Enterprises to Avert Next Financial Crisis: WB

South Asia’s heavy reliance on state-owned commercial banks, state-owned enterprises, public-private partnerships and other national and sub-national public entities conceals its vulnerability to accumulating unsustainable levels of debt, according to a new World Bank report, Hidden Debt: Solutions to Avert the Next Financial Crisis in South Asia, released today. South Asia is more exposed to the risk […]