Second, BNDES is hampering the development of the financial sector.

ECONOMIST: Brazil's development bank

The Chinese must watch not only their manufacturing exports but a financial sector that is birthing new market players such as Shenzhen Development Bank, transitioned into private hands by Tim Dattels' crew.

FORBES: Buck As Backdrop

With financial support from USAID matched by private sector partners, each of the seven universities will establish a Development Lab with a unique focus.

WHITEHOUSE: USAID Launches Development Labs at Seven Universities

The government made economic advances under the first administration of President YUDHOYONO, introducing significant reforms in the financial sector, including tax and customs reforms, the use of Treasury bills, and capital market development and supervision.

FORBES: India Compares Best to Indonesia