The Asian Development Bank (ADB) was established as a financial institution that would foster economic growth and cooperation in the Asia-Pacific region. It assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development.
about ADB
...
INDIA and ADB
The Asian Development Bank (ADB) was established as a financial institution that would foster economic growth and cooperation in the Asia-Pacific region. It assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development.
about ADB
...
INDIA and ADB
The International Monetary Fund (IMF) & The World Bank GroupAbdul Basit Adeel
What is The International Monetary Fund?
What is The World Bank Group?
What is the fundamental difference between them?
What is the functional structure of both institutions?
What is the working mechanism of both institutions?
Do they have any legal authority over states?
What happens when a state defaults?
What was the case with Argentina when she defaulted on IMF and World Bank as well as other foreign debts in 2001?
Detailed Text: http://slidesha.re/1uk4jEC
IFC
The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset management services to encourage private sector development in developing countries.The IFC is a member of the World Bank Group and is headquartered in Washington, D.C., United States. It was established on July 20, 1956 as the private sector arm of the World Bank Group to advance economic development by investing in strictly for-profit and commercial projects that purport to reduce poverty and promote development.The IFC's stated aim is to create opportunities for people to escape poverty and achieve better living standards by mobilizing financial resources for private enterprise, promoting accessible and competitive markets, supporting businesses and other private sector entities, and creating jobs and delivering necessary services to those who are poverty-stricken or otherwise vulnerable. Since 2009, the IFC has focused on a set of development goals that its projects are expected to target. Its goals are to increase sustainable agriculture opportunities, improve health and education, increase access to financing for microfinance and business clients, advance infrastructure, help small businesses grow revenues, and invest in climate health.
The IFC is owned and governed by its member countries (184), but has its own executive leadership and staff that conduct its normal business operations. It is a corporation whose shareholders are member governments that provide paid-in capital and which have the right to vote on its matters.Originally more financially integrated with the World Bank Group, the IFC was established separately and eventually became authorized to operate as a financially autonomous entity and make independent investment decisions.It offers an array of debt and equity financing services and helps companies face their risk exposures, while refraining from participating in a management capacity. The corporation also offers advice to companies on making decisions, evaluating their impact on the environment and society, and being responsible.It advises governments on building infrastructure and partnerships to further support private sector development. The IFC is governed by its Board of Governors which meets annually and consists of one governor per member country.Each member typically appoints one governor and also one alternate.[ International Finance Corporation (2010). IFC Annual Report 2010: Where Innovation Meets Impact (Report). World Bank Group. Retrieved 2012-06-09.] Although corporate authority rests with the Board of Governors, the governors delegate most of their corporate powers and their authority over daily matters such as lending and business operations to the Board of Directors.The IFC's Board of Directors consists of 25 executive directors who meet regularly and work at the IFC's headquarters, and is chaired by the President of the World Bank Group.
The International Monetary Fund (IMF) & The World Bank GroupAbdul Basit Adeel
What is The International Monetary Fund?
What is The World Bank Group?
What is the fundamental difference between them?
What is the functional structure of both institutions?
What is the working mechanism of both institutions?
Do they have any legal authority over states?
What happens when a state defaults?
What was the case with Argentina when she defaulted on IMF and World Bank as well as other foreign debts in 2001?
Detailed Text: http://slidesha.re/1uk4jEC
IFC
The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset management services to encourage private sector development in developing countries.The IFC is a member of the World Bank Group and is headquartered in Washington, D.C., United States. It was established on July 20, 1956 as the private sector arm of the World Bank Group to advance economic development by investing in strictly for-profit and commercial projects that purport to reduce poverty and promote development.The IFC's stated aim is to create opportunities for people to escape poverty and achieve better living standards by mobilizing financial resources for private enterprise, promoting accessible and competitive markets, supporting businesses and other private sector entities, and creating jobs and delivering necessary services to those who are poverty-stricken or otherwise vulnerable. Since 2009, the IFC has focused on a set of development goals that its projects are expected to target. Its goals are to increase sustainable agriculture opportunities, improve health and education, increase access to financing for microfinance and business clients, advance infrastructure, help small businesses grow revenues, and invest in climate health.
The IFC is owned and governed by its member countries (184), but has its own executive leadership and staff that conduct its normal business operations. It is a corporation whose shareholders are member governments that provide paid-in capital and which have the right to vote on its matters.Originally more financially integrated with the World Bank Group, the IFC was established separately and eventually became authorized to operate as a financially autonomous entity and make independent investment decisions.It offers an array of debt and equity financing services and helps companies face their risk exposures, while refraining from participating in a management capacity. The corporation also offers advice to companies on making decisions, evaluating their impact on the environment and society, and being responsible.It advises governments on building infrastructure and partnerships to further support private sector development. The IFC is governed by its Board of Governors which meets annually and consists of one governor per member country.Each member typically appoints one governor and also one alternate.[ International Finance Corporation (2010). IFC Annual Report 2010: Where Innovation Meets Impact (Report). World Bank Group. Retrieved 2012-06-09.] Although corporate authority rests with the Board of Governors, the governors delegate most of their corporate powers and their authority over daily matters such as lending and business operations to the Board of Directors.The IFC's Board of Directors consists of 25 executive directors who meet regularly and work at the IFC's headquarters, and is chaired by the President of the World Bank Group.
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (IBRD) ®IONAL DEVEL...Aman Dwivedi
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (IBRD)
&
REGIONAL DEVELOPMENT BANK
(RDB)
FUNCTIONS OF IBRD
ORGANIZATION STRUCTURE
WORLD BANK GROUP
ACTIVITIES BY IBRD
IBRD SERVICES
BIGGEST GLOBAL CHALLENGES FOR IBRD
REGIONAL DEVELOPMENT BANK (RDB)
OTHER FOCUS AREAS
PURPOSE OF REGIONAL DEVELPOMENT BANKS
AREAS OF WORK
ROLE OF RDB’S IN INDIA
SOME RDB PARTICIPATING BANK IN INDIA
This presentation was made in 2018 for class presentation by a group of students studying at the department of Public Administration, University of Rajshahi.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
This presentation includes basic of PCOS their pathology and treatment and also Ayurveda correlation of PCOS and Ayurvedic line of treatment mentioned in classics.
it describes the bony anatomy including the femoral head , acetabulum, labrum . also discusses the capsule , ligaments . muscle that act on the hip joint and the range of motion are outlined. factors affecting hip joint stability and weight transmission through the joint are summarized.
Thinking of getting a dog? Be aware that breeds like Pit Bulls, Rottweilers, and German Shepherds can be loyal and dangerous. Proper training and socialization are crucial to preventing aggressive behaviors. Ensure safety by understanding their needs and always supervising interactions. Stay safe, and enjoy your furry friends!
Unit 8 - Information and Communication Technology (Paper I).pdfThiyagu K
This slides describes the basic concepts of ICT, basics of Email, Emerging Technology and Digital Initiatives in Education. This presentations aligns with the UGC Paper I syllabus.
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
How to Add Chatter in the odoo 17 ERP ModuleCeline George
In Odoo, the chatter is like a chat tool that helps you work together on records. You can leave notes and track things, making it easier to talk with your team and partners. Inside chatter, all communication history, activity, and changes will be displayed.
This slide is special for master students (MIBS & MIFB) in UUM. Also useful for readers who are interested in the topic of contemporary Islamic banking.
A workshop hosted by the South African Journal of Science aimed at postgraduate students and early career researchers with little or no experience in writing and publishing journal articles.
1. FIGHTING POVERTY IN ASIA AND THE PACIFIC
WHAT IS ADB?
• Abbreviation: ADB (ASIAN DEVELOPMENT BANK)
• Motto: Fighting Poverty in Asia and the Pacific
• Formation: 19 December 1966; 52 years ago
• Type: Multilateral Development Bank
• Legal status: Treaty
• Purpose: Social and Economic Development
• Headquarters: Ortigas Center Mandaluyong, Metro Manila, Philippines
2. Region served: Asia-Pacific
Membership: 68 countries
President: Takehiko Nakao
Main organ: Board of Governors
Staff: 3,092 employees
Website: www.adb.org
Development Objectives: ~ Promotion of pro poor, sustainable economic
growth
~ Supporting social development
~ Facilitating good governance
3. History
A meeting of the Economic Commission for Asia and the Far East(ECAFE) first
ministerial conference for ASIAN ECONOMIC COOPERATION held in Manila on
December 1963.
It consisted of ad hoc working group of experts to further study the idea of
establishing a regional bank.
A consultative committee met from mid 1965 and drafted the charter of the asian
development bank.
Second ministerial conference on Asian Economic Cooperation, held in Manila in
Nov 1965, adopted several resolutions all addressing the issue of establishing
the ADB.
Committee on preparatory arrangements was created and an agreement
establishing the ADB was adopted and opened for signature until 31st Jan 1966.
On 21 Sep 1966, the agreement came into force after 16 governments ratified its
charter.
4. MEMBERSHIP AND OWNERSHIP
From 31 members at its establishment in 1966, ADB has grown to encompass
68 members—of which 49 are from within Asia and the Pacific and 19
outside.
TOTAL 68 SHAREHOLDERS
49 Regional members
19 Nonregional members
Japan and U.S are largest Shareholders
15.5% shares each by Japan and U.S
5. BOARD OF GOVERNORS
Delegates powers to Board of Directors except for:
• Admission of new members
• Change in authorised Capital Stock
• Election of President and Board of Directors
• Amendments to Charter
➡Chair - Hong Nam-Ki
➡Vice Chair - Sri Mulyani Indrawati
➡Vice Chair - Pierra Gramegna
✦ Governor - India - Niramala Sitharaman
✦Alternate governor - India - Atanu Chakraborty
6. Board of Directors
Responsible for the direction of the general operations of the Bank.
Takes decisions concerning policies of the Bank, and loans, guarantees,
investments and technical assistance by the Bank.
Approves borrowings by the Bank.
Clears the financial accounts of the Bank for approval by the Board of
Governors.
Approve the budgets of the Bank.
12 Directors of the ADB Board of Directors are elected by the Board of
Governors.
8 of the 12 are elected from within Asia and the Pacific and four others are
elected from outside the region.The Board of Directors performs its duties
full time at the ADB headquarters in Manila, Philippines.
9. MANAGEMENT
The President heads a management team comprising six Vice-Presidents. The team supervises the work of
ADB's operational, administrative, and knowledge departments.
• PRESIDENT OF ADB & THE CHAIRPERSON OF ABD’S BOARD
OF DIRECTORS
TAKEHIKO NAKAO
• VICE PRESIDENT FOR KNOWLEDGE MANAGEMENT AND
SUSTAINABLE DEVELOPMENT
BAMBANG SUSANTONO
Sustainable Development and Climate Change Department / Economic Research and
Regional Cooperation Department / Department of Communications
• VICE PRESIDENT FOR PRIVATE SECTOR AND PUBLIC -
PRIVATE PARTNERSHIP
DIWAKAR GUPTA
Private Sector Operations Department / Office of Public–Private Partnership
10. • VICE PRESIDENT FOR ADMINISTRATION AND CORPORATE
MANAGEMENT
DEBORAH STOKES
Budget, Personnel, and Management Systems Department / Office of Administrative Services /
Office of the General Counsel / Office of Information Systems and Technology / Office of the
Secretary / Procurement, Portfolio and Financial Management Department
• VICE PRESIDENT FOR FINANCE AND RISK MANAGEMENT
INGRID VAN WEES
Office of Risk Management / Controller’s Department / Treasury Department
• VICE PRESIDENT OPERATIONS 1
SHIXIN CHEN
South Asia Department / Central and West Asia Department
• VICE PRESIDENT OPERATIONS 2
AHMED M. SAEED
East Asia Department / Southeast Asia Department / Pacific Department
11. WHAT IS ADB DOING?
As a multilateral development finance institution, ADB provides:
Loans
Technical assistance
Grants
Provides direct assistance to private enterprises of developing member
countries through equity investments and loans.
ADB maximises the development impact of its assistance by
facilitating policy dialogues,
providing advisory services, and
mobilising financial resources through co financing operations that tap official,
commercial, and export credit sources
12. Lending
TYPES OF LOANS
U.S $ (MILLION) PERCENTAGE
PROJECT LOANS
76,092.4 57
PROGRAM LOANS 27,325.9 20
SECTOR LOANS 16,872.1 13
PRIVATE SECTOR LOANS 3,609.8 3
OTHERS (TA LOANS, SPECIAL
ASSISTANCE)
9,398.8 7
TOTAL 1,33,299.1 100
(TOTAL LENDING AS OF 31 DEC 2007)
15. NEED AND ROLE OF ADB
To understand need of ADB lets take a look on that, what infrastructure Asia
needs and why
‣ Asia and the Pacific economies invest nearly $900 billion a year in
infrastructure, but the region needs much more to keep pace with
rising demand spurred by economic growth.
‣ Surely, Asia has enough infrastructure. Everywhere you look it
seems there are new roads, subways, airports, and power
plants.But that’s only part of the story. More than 400 million people
in the region go without electricity, and as much as 30% of electricity
generated in countries like Nepal and Cambodia is lost in
transmission and distribution.
‣ Many roads are low quality and dangerous for motorists and
pedestrians alike.
16. ‣ Around 300 million Asians still have no access to safe, clean
drinking water, including half the rural populations of Afghanistan,
Kiribati, and Papua New Guinea. Roughly 1.5 billion people lack
basic sanitation facilities such as toilets.
‣ This is where ADB is needed. Asian and Pacific regions are
progressing regions and financial support that too in an affordable
and easiest way matters the most for any developing country. ADB
is thus the organisation which was formed to provide the financial,
technical and advisory support.
‣ The ADB can help the member countries in getting funding for the
investment in the programmes and projects on commercial rates of
interest and longer grace period and / or repayment periods.
18. • Engaged in promoting the economic and social progress of its developing
member countries (DMCs) in the Asian and Pacific region.
ADB is acting as a catalyst in promoting the development of the most populous
& fastest growing region in the world today.
ADB gives special attention to the needs of smaller or less developed
countries.(providing special grants and starting up some international
projects)
Providing loans on a low rate of interest to the member countries for reducing
poverty.
As Asia is the fastest growing region in the world. Like Singapore, Malaysia,
Hong Kong and China are the fastest growing countries of asian region, but
at the same time it's home of many poor countries as well, which needs
assistant in various fields.
The need of this assistance emerged the idea of developing a regional bank
which can work particularly on those things which are much more important to
a country and that’s where ADB gets its entry and helps out the members.