Asia ADB: Asian Development Bank Multilateral finance institution

Also available in: Banque Asiatique Development Banco Asiático Desarrollo   Banco Asiatico Desenvolvimiento

Course summary (Asian Development Bank):

ADB Operations. Projects and programs. Partnerships. Financial resources. China, India, Indonesia, Bangladesh ...

ADB (Asian Development Bank) is a multilateral development finance institution dedicated to reducing poverty in Asia and the Pacific. Established in 1966, they are now owned by 63 members.

ADB's development work is aimed at improving the welfare of the people of Asia and the Pacific, especially of the 900 million poor living on less than a dollar a day.

Asian Development Bank
- Founded: 1966
- Members: 67
- Regional members: 48
- Non regional members: 19
- Field offices: 27
- Total employees: 2,500+
- Nationalities employed: 50+
- Total loans in 2008: US$10.5 billion
- Total grants in 2008: $811.4 million
- Technical assistance in 2008: $274.5 million
- Private Sector Assistance in 2008: $1.5 billion

The highest decision making tier at Asian Development Bank is its Board of Governors, to which each of ADB's 67 members nominate one Governor and an Alternate Governor to represent them. The Board of Governors meets formally once a year at an Annual Meeting held in A member country.

Dynamic economic development has substantially helped reduce poverty in Asia and the Pacific. Despite some spectacular progress over the last few decades, the region remains home to two thirds of the world's poor.

Under Strategy 2020, a long-term strategic framework adopted in 2008, Asian Development Bank will follow three complementary strategic agendas:
- inclusive growth,
- environmentally sustainable growth, and
- Regional integration.

Example of the course Asian Development Bank ADB.:

The number of people living in absolute poverty remains high at 903 million (2005).

Asian Development Bank works in partnership with governments and public and private enterprises in its developing member countries on projects and programs that will contribute to economic and social development, based on the country's needs and priorities.

In 2008, ADB approved loans worth $10.5 billion for 86 projects, most of which went to the public sector. Technical assistance, which is used to prepare and implement projects and support advisory and regional activities, amounted to $274.5 million. Grant-financed projects totaled $811.4 million. India was the largest borrower, followed by People’s Republic of China, Pakistan, Bangladesh, and Sri Lanka.

The Asian Development Outlook, popularly known as the ADO, is a series of annual economic reports on the developing member countries (DMCs) of the Asian Development Bank. The ADO provides a comprehensive analysis of macroeconomic and development issues for the DMCs of Asian Development Bank.

Asian Development Bank ADB developing member countries

- Afghanistan - Armenia - Azerbaijan - Bangladesh - Bhutan - Cambodia - China - Cook Islands - Fiji Islands - Georgia - Hong Kong - India - Indonesia

- Myanmar - Nauru - Nepal - Pakistan - Republic of Palau - Papua New Guinea - Philippines - Samoa - Kazakhstan - Kiribati - Korea - Kyrgyz Republic - Laos - Malaysia - Maldives - Marshall Islands

- Micronesia - Mongolia - Singapore - Solomon Islands - Sri Lanka - Taipei (Taiwan), China - Tajikistan - Thailand - Timor-Leste - Tonga - Turkmenistan - Tuvalu - Uzbekistan - Vanuatu - Vietnam

Asia Scholarships

Topic: Globalization and regionalization

Web site Asian Development Bank ADB

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