Yokohama is an apt setting for the Asian Development Bank’s 50th anniversary meeting. The Japanese port city was one of the earliest to open to international trade, and one of the first beneficiaries of infrastructure financing that combined public and private resources at home and overseas. Japan’s first railway, a 29km track connecting Yokohama with Tokyo in 1872, was funded in part through bonds sold in the London market. Some 145 years later, the idea of mobilising international finance for Asian infrastructure remains as relevant today...Read more