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AsianDevelopmentBankWikipedia,thefreeencyclopedia
AsianDevelopmentBank
FromWikipedia,thefreeencyclopedia
TheAsianDevelopmentBank(ADB)isaregional
developmentbankestablishedon22August1966which
isheadquarteredinMetroManila,Philippines,to
facilitateeconomicdevelopmentinAsia.[3]Thebank
admitsthemembersoftheUnitedNationsEconomicand
SocialCommissionforAsiaandthePacific(UNESCAP,
formerlytheEconomicCommissionforAsiaandtheFar
EastorECAFE)andnonregionaldevelopedcountries.[3]
From31membersatitsestablishment,ADBnowhas67
members,ofwhich48arefromwithinAsiaandthe
Pacificand19outside.TheADBwasmodeledcloselyon
theWorldBank,andhasasimilarweightedvoting
systemwherevotesaredistributedinproportionwith
members'capitalsubscriptions.
Attheendof2013,Japanholdsthelargestproportionof
sharesat15.67%.TheUnitedStatesholds15.56%,China
holds6.47%,Indiaholds6.36%,andAustraliaholds
5.81%.[4]
AsianDevelopmentBank
Motto
Ming,Wan(Winter19951996).
"JapanandtheAsianDevelopment
Bank".PacificAffairs(Universityof
ADBlogo
BritishColumbia)68(4):509528.
doi:10.2307/2761274.
FightingpovertyinAsiaandthe
JSTOR2761274.
Pacific
Formation
22August1966
Type
Regionalorganization
Legalstatus
Treaty
Purpose
Crediting
Headquarters MandaluyongCity,MetroManila,
Philippines
Region
served
AsiaPacific
Membership
67countries
President
TakehikoNakao
Mainorgan
BoardofDirectors[1]
Staff
3,051[2]
Website
http://www.adb.org
Contents
1Organization
1.1Listofpresidents
2History
2.119621972
2.219721986
2.3Since1986
AsianDevelopmentBankmemberstates
Outsideregions
AsiaPacificregion
3Lending
4Notableprojectsandtechnicalassistance
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5Effectiveness
6Criticism
7UnitedNationsDevelopmentBusiness
8Strategy2020
9Listof20LargestCountriesandRegionsby
SubscribedCapitalandVotingPower
10Members
11Seealso
12References
13Externallinks
Organization
Thehighestpolicymakingbodyofthebankisthe
BoardofGovernors,composedofonerepresentative
fromeachmemberstate.TheBoardofGovernors,in
turn,electamongthemselvesthetwelvemembersofthe
Boardandtheirdeputy.Eightofthetwelvemembers
comefromregional(AsiaPacific)memberswhilethe
otherscomefromnonregionalmembers.
TheBoardofGovernorsalsoelectthebank'spresident,
whoisthechairpersonoftheBoardofDirectorsand
managesADB.Thepresidenthasatermofoffice
lastingfiveyears,andmaybereelected.Traditionally,
andbecauseJapanisoneofthelargestshareholdersof
thebank,thepresidenthasalwaysbeenJapanese.
ADBHeadquartersinMandaluyongCity,
Philippines
ThemostrecentpresidentwasTakehikoNakao,who
succeededHaruhikoKurodain2013.[5]
Theheadquartersofthebankisat6ADBAvenue,MandaluyongCity,MetroManila,Philippines,[6][7]and
ithasrepresentativeofficesaroundtheworld.Thebankemploys3,051people,ofwhich1,463(48%)are
fromthePhilippines.[2]
Listofpresidents
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Name
Dates
Nationality
TakeshiWatanabe
19661972
Japan
ShiroInoue
19721976
Japan
TaroichiYoshida
19761981
Japan
MasaoFujioka
19811989
Japan
KimimasaTarumizu 19891993
Japan
MitsuoSato
19931999
Japan
TadaoChino
19992005
Japan
HaruhikoKuroda
20052013
Japan
TakehikoNakao
2013
Japan
History
19621972
TheconceptofaregionalbankwasformallymootedatatradeconferenceorganizedbytheEconomic
CommissionforAsiaandtheFarEast(ECAFE)in1963byayoungThaibanker,PaulSithiAmnuai,for
developingintraregionaltrade.(ESCAP,UnitedNationsPublicationMarch2007,"Thefirstparliamentof
Asia"pp.65)OncetheADBwasfoundedin1966,Japantookaprominentpositioninthebankitreceived
thepresidencyandsomeothercrucial"reservepositions"suchasthedirectoroftheadministration
department.Bytheendof1972,Japancontributed$173.7million(22.6%ofthetotal)totheordinary
capitalresourcesand$122.6million(59.6%ofthetotal)tothespecialfunds.Incontrast,theUnitedStates
contributedonly$1.25millionforthespecialfund.[3]
TheADBservedJapan'seconomicinterestsbecauseitsloanswentlargelytoIndonesia,Thailand,
Malaysia,SouthKoreaandthePhilippines,thecountrieswithwhichJapanhadcrucialtradingtiesthese
nationsaccountedfor78.48%ofthetotalADBloansbetween1967and1972.Moreover,Japanreceived
tangiblebenefits,41.67%ofthetotalprocurementsbetween1967and1976.Japantieditsspecialfunds
contributionstoitspreferredsectorsandregionsandprocurementsofitsgoodsandservices,asreflectedin
its$100milliondonationfortheAgriculturalSpecialFundinApril1968.[3]
TakeshiWatanabeservedasthefirstADBpresidentfrom1966to1972.
19721986
Japan'sshareofcumulativecontributionsincreasedfrom30.4%in1972to35.5%in1981and41.9%in
1986.Inaddition,JapanwasacrucialsourceofADBborrowing,29.4%(outof$6,729.1million)in1973
86,comparedto45.1%fromEuropeand12.9%fromtheUnitedStates.JapanesepresidentsInoueShiro
(197276)andYoshidaTaroichi(197681)tookthespotlight.FujiokaMasao,thefourthpresident(1981
90),adoptedanassertiveleadershipstyle.HeannouncedanambitiousplantoexpandtheADBintoahigh
impactdevelopmentagency.HisplanandbankingphilosophyledtoincreasingfrictionwiththeU.S.
directors,withopencriticismfromtheAmericansatthe1985annualmeeting.[3]
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DuringthisperiodtherewasastrongparallelinstitutionaltiebetweentheADBandtheJapaneseMinistry
ofFinance,particularlytheInternationalFinanceBureau(IFB).
Since1986
Japan'sshareofcumulativecontributionsincreasedfrom41.9%in1986to50.0%in1993.Inaddition,
JapanhasbeenacruciallendertotheADB,30.4%ofthetotalin198793,comparedto39.8%from
Europeand11.7%fromtheUnitedStates.However,differentfromthepreviousperiod,Japanhasbecome
moreassertivesincethemid1980s.Japan'splanwastousetheADBasaconduitforrecyclingitshuge
surpluscapitalanda"catalyst"forattractingprivateJapanesecapitaltotheregion.Afterthe1985Plaza
Accord,JapanesemanufacturerswerepushedbyhighyentomovetoSoutheastAsia.TheADBplayeda
roleinchannelingJapaneseprivatecapitaltoAsiabyimprovinglocalinfrastructure.[3]TheADBalso
committeditselftoincreasingloansforsocialissuessuchaseducation,healthandpopulation,urban
developmentandenvironment,to40%ofitstotalloansfromaround30%atthetime.[3]
Lending
TheADBoffers"hard"loansfromordinarycapitalresources(OCR)oncommercialterms,andtheAsian
DevelopmentFund(ADF)affiliatedwiththeADBextends"soft"loansfromspecialfundresourceswith
concessionalconditions.ForOCR,memberssubscribecapital,includingpaidinandcallableelements,a
50%paidinratiofortheinitialsubscription,5%fortheThirdGeneralCapitalIncrease(GCI)in1983and
2%fortheFourthGeneralCapitalIncreasein1994.TheADBborrowsfrominternationalcapitalmarkets
withitscapitalasguarantee.[3]
In2009,ADBobtainedmembercontributionsforitsFifthGeneralCapitalIncreaseof200%,inresponseto
acallbyG20leaderstoincreaseresourcesofmultilateraldevelopmentbankssoastosupportgrowthin
developingcountriesamidtheglobalfinancialcrisis.For2010and2011,a200%GCIallowslendingof
$12.5billionto13billionin2010andabout$11billionin2011.[8]Withthisincrease,thebank'scapital
basetripledfrom$55billionto$165billion.[9]
Notableprojectsandtechnicalassistance
AfghanDiasporaProject
FundingUtahStateUniversityledprojectstobringlaborskillsinThailand
EarthquakeandTsunamiEmergencySupportProjectinIndonesia
GreaterMekongSubregionalProgram[10]
ROCPingHuOffshoreOilandGasDevelopment
StrategicPrivateSectorPartnershipsforUrbanPovertyReductioninthePhilippines
TransAfghanistanGasPipelineFeasibilityAssessment
Loanof$1.2billiontobailitoutofanimpendingeconomiccrisisinPakistanandongoingfunding
forthecountriesgrowingenergyneeds,specificallyHydropowerprojects
Microfinancesupportforprivateenterprises,inconjunctionwithgovernments,includingPakistan
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andIndia.
TheYichangWanzhouRailwayprojectinthemountainousareaofwesternHubeiProvinceand
northeasternChongqingMunicipality,China.(AUS$500millionloan,approvedin2003.)[11]
UlaanbaatarAirportandNationalAirNavigationDevelopmentProjects:ChinggisKhaan
InternationalAirport[12]
ColomboHarbourExpansionProject[13]
AsiaClimatePartners,ajointventurebetweenADB,ORIXCorporation,andRobecoInstitutional
AssetManagement,thatfundsgreenenergyprojects.[14]
Effectiveness
GivenADB'sannuallendingvolume,thereturnoninvestmentinlessonlearningforoperationaland
developmentalimpactishigh,andmaximizingitisalegitimateconcern.AllprojectsfundedbyADBare
evaluatedtofindoutwhatresultsarebeingachieved,whatimprovementsshouldbeconsidered,andwhatis
beinglearned.
Therearetwotypesofevaluation:independentandselfevaluation.Selfevaluationisconductedbythe
unitsresponsiblefordesigningandimplementingcountrystrategies,programs,projects,ortechnical
assistanceactivities.Itcomprisesseveralinstruments,includingproject/programperformancereports,
midtermreviewreports,technicalassistanceorproject/programcompletionreports,andcountryportfolio
reviews.Allprojectsareselfevaluatedbytherelevantunitsinaprojectcompletionreport.ADBsproject
completionreportsarepubliclydisclosedonADBswebsite.Clientgovernmentsarerequiredtoprepare
theirownprojectcompletionreports.
Independentevaluationisafoundationblockoforganizationallearning:Itisessentialtotransferincreased
amountsofrelevantandhighqualityknowledgefromexperienceintothehandsofpolicymakers,
designers,andimplementers.ADBsIndependentEvaluationDepartment(IED)[15]conductssystematicand
impartialassessmentofpolicies,strategies,countryprograms,andprojects,includingtheirdesign,
implementation,results,andassociatedbusinessprocessestodeterminetheirrelevance,effectiveness,
efficiency,andsustainabilityfollowingprescribedmethodsandguidelines.[16]Italsovalidatesself
evaluations.Bythisprocessofevaluation,ADBdemonstratesthreeelementsofgoodgovernance:
accountability,byassessingtheeffectivenessofADB'soperationstransparency,byindependently
reviewingoperationsandpubliclyreportingfindingsandrecommendationsandimprovedperformance,by
helpingADBanditsclientslearnfromexperiencetoenhanceongoingandfutureoperations.
OperationsevaluationhaschangedfromthebeginningsofevaluationinADBin1978.Initially,thefocus
wasonassessingaftercompletiontheextenttowhichprojectshadachievedtheirexpectedeconomicand
socialbenefits.Operationsevaluationnowshapesdecisionmakingthroughouttheprojectcycleandin
ADBasawhole.Sincetheestablishmentofitsindependencein2004,IEDreportsdirectlytoADBsBoard
ofDirectorsthroughtheBoard'sDevelopmentEffectivenessCommittee.Behavioralautonomy,avoidance
ofconflictsofinterest,insulationfromexternalinfluence,andorganizationalindependencehavemade
evaluationadedicatedtoolgovernedbytheprinciplesofusefulness,credibility,transparency,and
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independenceforgreateraccountabilityandmakingdevelopmentassistanceworkbetter.Independent
EvaluationattheAsianDevelopmentBankpresentsaperspectiveofevaluationinADBfromthe
beginningsandlookstoafutureinwhichknowledgemanagementplaysanincreasinglyimportantrole.[17]
Inrecentyears,therehasbeenamajorshiftinthenatureofIED'sworkprogramfromadominanceof
evaluationsofindividualprojectstoonefocusingonbroaderandmorestrategicstudies.Toselectpriority
topicsforevaluationstudies,IEDseeksinputfromtheDevelopmentEffectivenessCommittee,ADB
Management,andtheheadsofADBdepartmentsandoffices.Thecurrentthrustsaretoimprovethequality
ofevaluationsbyusingmorerobustmethodologiesgiveprioritytocountry/sectorassistanceprogram
evaluationsincreasethenumberofjointevaluationsvalidateselfevaluationstoshortenthelearningcycle
conductmorerigorousimpactevaluationsdevelopevaluationcapacity,bothinADBandinDMCs
promoteportfolioperformanceevaluatebusinessprocessesanddisseminatefindingsand
recommendationsandensuretheiruse.IED'sworkprogramhasalsobeenreinterpretedtoemphasize
organizationallearninginamoreclearlydefinedresultsarchitectureandresultsframework.Itentails
conductinganddisseminatingstrategicevaluations(inconsultationwithstakeholders),[18]harmonizing
performanceindicatorsandevaluationmethodologies,anddevelopingcapacityinevaluationandevaluative
thinking.[19]AllevaluationstudiesarepubliclydisclosedonIED'swebsite(someevaluationsofprivate
sectoroperationsareredactedtoprotectcommerciallyconfidentialinformation).[20]IED'sevaluation
resourcesaredisplayedbyresourcetype,topic,regionandcountry,anddate.[21]Learningsarealso
gatheredinanonlineEvaluationInformationSystemofferingadatabaseoflessons,recommendations,and
ADBManagementresponsestothese.[22]Detailsofongoingevaluationsandupdatesontheirprogressare
madepublictoo.[23]
Beginning2006,actingwithintheknowledgemanagementframeworkofADB,IEDhasappliedknowledge
managementtolessonlearning,usingknowledgeperformancemetrics.
LearningLessonsinADBsetsthestrategicframeworkforknowledgemanagementinoperations
evaluation.[24]ImprovementshavebeenmadethatholdpromisenotonlyinIEDbut,moreimportantly,vis
visitsinterfaceswithotherdepartmentsandofficesinADB,developingmembercountries,andthe
internationalevaluationcommunity.Inthemediumterm,IEDwillcontinuetoimprovetheorganizational
culture,managementsystem,businessprocesses,informationtechnologysolutions,communityofpractice,
andexternalrelationsandnetworkingforlessonlearning.Amongthenewknowledgeproductsandservices
developed,LearningCurvesarebriefreferencesdesignedtofeedfindingsandrecommendationsfrom
evaluationtoabroaderrangeofclients[25]EvaluationNewsreportoneventsinmonitoringandevaluation.
EvaluationPresentationsoffershortphotographicorPowerPointdisplaysonevaluationtopics.Auditing
theLessonsArchitecturehighlightsthecontributionthatknowledgeauditscanmaketoorganizational
learningandhealth.[26]
Ofthe1,106ADBfundedprojectsevaluatedandratedasofDecember2007,65%wereassessedas
successful,27%partlysuccessful,and8%asunsuccessful.
Criticism
SincetheADB'searlydays,criticshavechargedthatthetwomajordonors,JapanandtheUnitedStates,
havehadextensiveinfluenceoverlending,policyandstaffingdecisions.[27]
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OxfamAustraliahascriticizedtheAsianDevelopmentBankofinsensitivitytolocalcommunities.
"Operatingataglobalandinternationallevel,thesebankscanunderminepeople'shumanrightsthrough
projectsthathavedetrimentaloutcomesforpoorandmarginalizedcommunities."[28]Thebankalso
receivedcriticismfromtheUnitedNationsEnvironmentalProgram,statinginareportthat"muchofthe
growthhasbypassedmorethan70percentofitsruralpopulation,manyofwhomaredirectlydependenton
naturalresourcesforlivelihoodsandincomes."[29]
TherehadbeencriticismthatADB'slargescaleprojectscausesocialandenvironmentaldamageduetolack
ofoversight.OneofthemostcontroversialADBrelatedprojectsisThailand'sMaeMohcoalfiredpower
station.EnvironmentalandhumanrightsactivistssayADB'senvironmentalsafeguardspolicyaswellas
policiesforindigenouspeoplesandinvoluntaryresettlement,whileusuallyuptointernationalstandardson
paper,areoftenignoredinpractice,aretoovagueorweaktobeeffective,oraresimplynotenforcedby
bankofficials.[30][31]
Thebankhasbeencriticizedoveritsroleandrelevanceinthefoodcrisis.TheADBhasbeenaccusedby
civilsocietyofignoringwarningsleadingupthecrisisandalsocontributingtoitbypushingloan
conditionsthatmanysayunfairlypressuregovernmentstoderegulateandprivatizeagriculture,leadingto
problemssuchasthericesupplyshortageinSoutheastAsia.[32]
ThebankhasalsobeencriticizedbyVietnamWarveteransforfundingprojectsinLaos,becauseofthe
UnitedStates'15%stakeinthebank,underwrittenbytaxes.[33]Laosbecameacommunistcountryafterthe
U.S.withdrewfromVietnam,andtheLaotianCivilWarwaswonbythePathetLao,whichiswidely
understoodtohavebeensupportedbytheNorthVietnameseArmy.
In2009,thebankendorseda$2.9billionfundingstrategyforproposedprojectsinIndia.Theprojectsin
thisstrategywereonlyindicativeandstillneededtobefurtherapprovedbythebank'sboardofdirectors
however,PRCForeignMinistryspokesmanQinGangclaimed,"TheAsianDevelopmentBank,regardless
ofthemajorconcernsofChina,approvedtheIndiaCountryPartnershipstrategywhichinvolvesthe
territorialdisputebetweenChinaandIndia.Chinaexpressesitsstrongdissatisfactionoverthis....Thebank's
movenotonlyseriouslytarnishesitsownname,butalsounderminestheinterestsofitsmembers."[34]
UnitedNationsDevelopmentBusiness
TheUnitedNationslaunchedDevelopmentBusinessin1978withthesupportoftheAsianDevelopment
Bank,theWorldBank,andmanyothermajordevelopmentbanksfromaroundtheworld.Today,
DevelopmentBusinessistheprimarypublicationforallmajormultilateraldevelopmentbanks,United
Nationsagencies,andseveralnationalgovernments,manyofwhomhavemadethepublicationoftheir
tendersandcontractsinDevelopmentBusinessamandatoryrequirement.[35]
Strategy2020
Strategy2020isTheLongTermStrategicFrameworkoftheAsianDevelopmentandwidestrategic
frameworktoguideallitsoperationsto2020.
Listof20LargestCountriesandRegionsbySubscribedCapital
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andVotingPower
Thefollowingtableareamountsfor20largestcountriesbysubscribedcapitalandvotingpoweratthe
AsianDevelopmentBankasofDecember2013[36]
The20LargestCountriesbySubscribedCapitalandVotingPowerattheAsianDevelopmentBank
Subscribed
Voting
Rank
Country
Capital
Rank
Country
Power
(%ofTotal)
(%ofTotal)
World
100.000
World
100.000
European
Union
15.718
Japan
12.835
14.427
UnitedStates
12.747
China
6.470
China
5.474
India
6.357
India
5.384
Australia
5.810
Australia
4.946
Canada
5.252
Canada
4.500
Indonesia
5.173
Indonesia
4.437
SouthKorea
5.058
SouthKorea
4.345
Germany
4.344
Germany
3.773
10
Malaysia
2.734
10
Malaysia
2.486
11
Philippines
2.392
11
Philippines
2.212
12
France
2.337
12
France
2.168
13
Pakistan
2.187
13
Pakistan
2.048
2.051
14
Japan
15.670
UnitedStates
15.560
European
Union
3
14
United
Kingdom
United
Kingdom
1.939
15
Italy
1.815
15
Italy
1.750
16
NewZealand
1.542
16
NewZealand
1.532
17
Thailand
1.367
17
Thailand
1.392
18
Taiwan
1.094
18
Taiwan
1.173
19
Netherlands
1.030
19
Netherlands
1.122
20
Bangladesh
1.025
20
Bangladesh
1.119
Members
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ADBhas67members(asof2February2007):48membersfromtheAsianandPacificRegion,19
membersfromOtherRegions.[4]NotablenonmembersareBahrain,Iran,Iraq,Jordan,Kuwait,Lebanon,
NorthKorea,Oman,Qatar,SaudiArabia,theUnited
ArabEmirates,andYemen.Namesareasrecognized
byADB.
Theyearafteramember'snameindicatestheyearof
membership.Atthetimeacountryceasestobea
member,theBankshallarrangefortherepurchaseof
suchcountry'ssharesbytheBankasapartofthe
settlementofaccountswithsuchcountryinaccordance
withtheprovisionsofparagraphs3and4ofArticle
AsianDevelopmentBankDevelopingMember
[38]
43.
Countries(DMC)graduationstages[37]
Outsideregions
AsiaPacificregiondevelopedmembers
DMCgraduatedfromassistance,GroupD
OrdinaryCapitalResources(OCR)financing,
GroupC
OCRandADFblendedfinancing,GroupB
AsianDevelopmentFund(ADF)financing,
GroupA
Country
Dateof
Accession
Afghanistan
1966
Australia
1966
Cambodia
1966
India
1966
Indonesia
1966
Japan
1966
Korea,Republicof
1966
LaoPeople'sDemocratic
Republic[39]
Malaysia
Nepal
1966
1966
1966
NewZealand
1966
Pakistan
1966
Philippines
1966
Samoa
1966
Singapore
1966
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SriLanka
1966
Taipei,China[40][41]
1966
Austria
1966
Thailand
1966
Belgium
1966
Canada
1966
Denmark
1966
VietNam,SocialistRepublic
of[42]
1966
Country
Dateof
Accession
HongKong[43]
1969
Finland
1966
Fiji
1970
Germany[44]
1966
PapuaNewGuinea
1971
Italy
1966
Tonga
1972
Netherlands
1966
Bangladesh
1973
Norway
1966
Burma
1973
Sweden
1966
SolomonIslands
1973
Kiribati
1974
CookIslands
1976
Maldives
1978
Vanuatu
1981
France
1970
Bhutan
1982
Spain
1986
China,People'sRepublicof
1986
Turkey
1991
MarshallIslands
1990
Portugal
2002
Micronesia,FederatedStatesof
1990
Luxembourg
2003
Mongolia
1991
Ireland
2006
Nauru
1991
Tuvalu
1993
Kazakhstan
1994
KyrgyzRepublic
1994
Uzbekistan
1995
Tajikistan
1998
Azerbaijan
1999
Turkmenistan
2000
TimorLeste
2002
Palau
2003
Armenia
2005
BruneiDarussalam
2006
Georgia
2007
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United
Kingdom
UnitedStates
Switzerland
1966
1966
1967
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Seealso
AsianInfrastructureInvestmentBank(AIIB)
AsianDevelopmentBankInstitute(ADBI)
AfricanDevelopmentBank
AsiaCooperationDialogue
AsianClearingUnion
InternationalMonetaryFund
WorldBank
SouthAsiaSubregionalEconomicCooperation
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26. AuditingtheLessonsArchitectureADB.org(http://www.adb.org/publications/auditinglessonsarchitecture)
27. Kilby,Christopher(2002)."DonorInfluenceinMDBs:TheCaseoftheAsianDevelopmentBank"
(http://www.williams.edu/Economics/neudc/papers/ADB.3.pdf).TheReviewofInternationalOrganizations68
(4):509528.Retrieved20100916.
28. OxfamAustralia."TheMekongandAsianDevelopmentBank(http://www.oxfam.org.au/campaigns/adb/)
29. IPS."UNEPfaultsAsiandevelopmentproject."(http://ipsnews.net/news.asp?idnews=38568)
30. "LOCALCONCERNSIGNOREDLargescaleADBprojectsdrawcriticism"
(http://search.japantimes.co.jp/cgibin/nn20070508a5.html)
31. NGOcriticisesADBandquestionsitsabilitytoreducepoverty
(http://www.rfi.fr/actuen/articles/113/article_3679.asp)
32. "ADBtomeetamidfoodcrisis,growingpoverty"(http://www.bicusa.org/en/Article.3746.aspx)
33. Walsh,Denny(20080423)."Laosplotcasebackinfederalcourt"
(http://www.sacbee.com/101/story/882584.html).SacramentoBee.Retrieved20080423.
34. "ChinaslamsADBoverIndiafunding"(http://english.sina.com/china/2009/0618/249531.html).SINAEnglish.
20090619.Retrieved20090624.
35. UnitedNationsDevelopmentBusiness'website(http://www.devbusiness.com)
36. http://www.adb.org/sites/default/files/ar2013/oiappendix1.pdfANNUALREPORT2013:Promoting
EnvironmentallySustainableGrowthinAsiaandthePacific
37. ADBGraduationpolicy(http://www.adb.org/sites/default/files/OMA122Nov2011.pdf)
38. AgreementEstablishingtheAsianDevelopmentBank(http://www.adb.org/documents/agreementestablishing
asiandevelopmentbankadbcharter).AsianDevelopmentBank.Retrieved20071210
39. Joinedas
KingdomofLaos,succeededbyLaoPDRin1975
40. Taipei,China'sFactSheetontheADBwebsite(http://www.adb.org/publications/taipeichinafactsheet)
http://en.wikipedia.org/wiki/Asian_Development_Bank
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22/03/2015
41. Joinedas
AsianDevelopmentBankWikipedia,thefreeencyclopedia
China,RepublicofrepresentingnotonlyTaiwanArea,butalsonominallyMainlandChinauntil
1986.However,itsshareofBankcapitalwasbasedonthesizeofTaiwan'scapital,unliketheWorldBankand
IMFwherethegovernmentinTaiwanhadhadashare.Therepresentationwassucceededby
People's
RepublicofChinain1986.However,theROCwasallowedtoretainitsmembership,butunderthenameof
Taipei,Chinaanameitprotests.Uniquely,thisallowsbothsidesoftheTaiwanStraitstoberepresentedatthe
institution.
42. Formerly
VietNam,Republicofuntil1975
43. Joinedas"HongKong",not"HongKong,China"
44. FoundingmemberjoinedasWestGermany.
Externallinks
BankInformationCenter(http://www.bicusa.org/)
TheADBwebsite(http://www.adb.org)
ADBInstitute(http://www.adbi.org)
WikimediaCommonshas
mediarelatedtoAsian
DevelopmentBank.
"InequalityWorsensacrossAsia"(http://www.dollarsandsense.org/archives/2007/1107miller.html),
Dollars&Sensemagazine,November/December2007.Articlediscussingrecentreportsfromthe
ADB.
"Therightbusinessenvironment"(http://www.dandc.eu/en/article/fightyouthunemploymentasia
needsmorejobsnotmoreschools)YouthunemploymentinAsia.AninterviewwithJesusFelipe,
advisorintheEconomicsandResearchDepartmentofADB.
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