Asian Development Bank

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Asian Development Bank. Small PPT describing the institution. Falls Under Economic and Financial Sections

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Asian Development Bank

  1. 1. Asian Development BankIR
  2. 2. INTRO TO ADB Founded in 1966 Headquarters are in Manila, Philippines Primary mission is to foster growth and cooperation among countries in the Asia- Pacific Region Non-governmental organization providing funding and technical assistance
  3. 3. STATED GOALS1. Promoting economic growth2. Reducing poverty3. Developing human resources4. Improving the status of women5. Protecting the environment
  4. 4. FUNCTIONS Provides loans and equity investments to its developing member countries Provides technical assistance for the planning and execution of development projects and programs and for advisory services Promotes and facilitates investment of public and private capital for development Assists in coordinating development policies and plans of its DMCs
  5. 5. AREAS OF WORK The Banks operations cover a wide spectrum of activities and have been classified according to the following sectors:1. Agriculture and natural resources2. Transport and communications3. Energy4. Industry and non-fuel minerals5. Finance6. Social infrastructure
  6. 6. CHALLENGES Safe water is still not available to 60% of the people in the member countries Improved sanitation facilities have still not reached 70% of the people Out of every 100 children, 40 die before they reach the age of 15. Infant mortality rate is very high Half of the undernourished population of the world lives in Asia Rising inflation has adversely impacted growth rates in Asia
  7. 7. ECONOMIC MANAGEMENT ADB has focused on good governance and macroeconomic stability The triggers for reform in most PDMCs have been intrinsically related to fiscal crises, unmanageable government debts, public dissatisfaction with government performance, and election of reform- oriented governments
  8. 8. AREAS OF EMPHASIS1. Supporting legislative reform of the role of parliament and the public sector2. Strengthening good governance institutions3. Introducing fiscal discipline and output focused budgeting4. Downsizing the civil service and strengthening its professionalism5. Promoting more open and growth-orientated economic policies6. Encouraging privatization and a larger role for the private sector
  9. 9. ORGANIZATIONAL STRUCTURE The ADB has 64 Member Countries, 45 from within the Asia-Pacific region of which 42 are borrowing countries, referred to as Developing Member Countries Each member county is represented on the Board of Governors The less influential countries are grouped into constituencies and the constituency is represented by an Executive Director (ED) and an Alternate Executive Director
  10. 10. ORGANIZATIONAL STRUCTURE The Board of Governors elects a 12-person Board of Executive Directors, who are nominated by their respective governments. Representation on this board is determined by the level of financial contribution to the ADB Within the constituency countries that make the largest contributions hold the ED and AED positions. Between them the 4 WaterAid working countries hold around 9% of voting rights
  11. 11. ORGANIZATIONAL STRUCTURE Below the executive level the Bank is organized into departments, including 5 regional departments for managing operations. All WaterAid working countries fall within the South Asia regional department

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