The question is whether the Asian relative investment drought will continue well into the future? BIS Review 107/2006  3  The expectation of urbanisation in Asia in the next 30 years in India, Pakistan, Bangladesh, Vietnam, Indonesia and China would suggest that there will be unprecedented demand for investment in infrastructure in the coming decades in this region.
In 1913, the US Congress established the Federal Reserve System, not only to provide greater financial stability and to improve banking supervision, but also to provide an elastic currency and a national check-clearing system. The Federal Reserve began issuing currency in 1914.