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Strength and Weakness of ADB Bank.
Member rating: No Rating | Words: | Submitted: Mon Jun 19 2006
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1: Strength and Weakness of ADB Bank. 1.1 The important role in eliminating world poverty As the UK Government's White Paper (November 1997) recognized ADB, as a multilateral development institution, is the second largest source of development assistance for Asia after the World Bank - with commitments in 1999 of some $5 billion and $12 billion respectively - it has an important role to play in setting and pursuing the international development agenda in the region. ADB Bank's strengths lie not only in the volume of its operations but also, as a regional institution, in its closeness to its borrowing member countries and its ability to influence their policies. As its 'Asian character' based in Asia and majority-owned by countries in the region, the ADB is well placed to play a key intellectual leadership role in developing a common understanding on poverty reduction in the region. Drawing on consensus policies and local...
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