ADB through the decades : ADB's fifth decade (2007-2016).

Format:

Book

Author/Creator:

Asian Development Bank

Language:

English

Subjects (All):

Asian Development Bank.

Physical Description:

1 online resource (xiii, 123 pages) : illustrations

Edition:

Updated edition.

Place of Publication:

Metro Manila, Philippines : Asian Development Bank, [2017]

Summary:

Asia proved resilient to the effects of the 2008-2009 global financial crisis, but sustaining rapid growth became more difficult afterward. Development challenges intensified, the global development agenda became more ambitious, and new sources of development finance emerged. This volume shows how the Asian Development Bank (ADB) continued to reform in order to meet these challenges. A new long-term strategic framework, Strategy 2020, was launched in 2008, to respond to the changing needs of the region. A midterm review of Strategy 2020 was released in 2014, further refining and adjusting priorities in order for ADB to remain relevant and responsive to borrowers. Various organizational changes were introduced, internal business processes were improved, and several new instruments were adopted as part of ADB's efforts to become "stronger, better, faster." ADB's lending capacity expanded significantly, with the fifth general capital increase in 2009, followed by the unique and groundbreaking combination of the Asian Development Fund portfolio with the ordinary capital resources balance sheet approved in 2015. Lending reached record levels in 2015 and 2016, exceeding the earlier spike in 2009 when ADB had responded to the needs of countries affected by the global economic crisis. ADB also enhanced its accountability and results orientation, becoming the first multilateral development bank to adopt a corporate results framework in 2008.

Contents:

Cover

Title

Copyright

CONTENTS

FOREWORD

ACKNOWLEDGMENTS

TABLES, FIGURES, AND BOXES

ABBREVIATIONS

DATA NOTES

I. REGIONAL BACKGROUND

II. CORPORATE STRATEGY AND POLICY OVERVIEW

A. Long-Term Strategic Framework: Strategy 2020

B. Midterm Review of Strategy 2020

III. INSTITUTIONAL OVERVIEW

A. Membership

B. Leadership

C. Budget, Staffing, and Other Organizational Matters

IV. OPERATIONAL OVERVIEW

A. Lending Overview

B. Geographic Distribution

C. Sectoral Developments

D. Cross-Cutting and Thematic Issues

E. Technical Assistance

V. INTERNAL REFORMS

A. Instruments and Modalities

B. Business Processes

C. Knowledge Management

VI. FINANCIAL POLICIES AND RESOURCE MOBILIZATION EFFORTS

A. Ordinary Capital Resources

B. Asian Development Fund

C. Combination of the Asian Development Fund and Ordinary Capital Resources

D. Additional R esource Mobilization Efforts

VII. RESULTS, ACCOUNTABILITY, AND EVALUATION

A. Development Results

B. Accountability and Disclosure

C. Independent Evaluation

VIII. EPILOGUE

APPENDIXES.

Notes:

Description based on print version record.

ISBN:

9789292579265

9292579266