ADB Chief: Asia Must Open Up Post-Trump Era

MANILA — In an era marked by rising global uncertainty, Asian nations are urged to significantly open their economies, according to Masato Kanda, the president of the Asian Development Bank and a former currency czar for Japan.

Asian Economies Must Embrace Openness Amidst Global Volatility

Asian countries need unprecedented economic openness to navigate uncertain times.

• Asian economies must open up more than ever before.
• Masato Kanda leads the Asian Development Bank.
• Kanda previously served as Japan’s currency czar.
• His tenure began shortly after a significant global shift.

Kanda assumed leadership of the ADB, an institution dedicated to advancing infrastructure, tackling climate change, and alleviating poverty across the Asia-Pacific region, at a pivotal moment. This was just after U.S. President Donald Trump’s return to the White House, an event Kanda described as having “completely changed the world.”