The ADB 2014 Annual Report reviews ADB's operations, projects, internal administration, and financial management. It includes the complete financial statements and opinions of independent auditors. Organizational and operational tables are presented in PDF and Excel formats. The report captures ADB at a moment of transition. It reflects ADB’s commitment to remain relevant and responsive to the evolving needs of its member countries. It describes the work ADB undertook in 2014 through the Midterm Review of Strategy 2020 and the Midterm Review Action Plan to make ADB more efficient and effective.
The Asian Development Bank (ADB) has been supporting meaningful engagement with civil society organizations (CSOs) in delivering better development results. Partnerships with these CSOs help promote community participation and social inclusion throughout the project cycle of ADB-financed operations. In light of its enhanced commitment to CSO engagement, ADB approved in 2020 a new indicator for assessing civil society engagement. This report provides insights on ADB’s cooperation with CSOs in 2020 in terms of generating knowledge, tapping expertise, sharing good practices, and improving policy dialogues. It also features lessons and success stories of CSO contributions in Asia and the Pacific.
High and persistent levels of nonperforming loans (NPLs) have featured prominently in recent financial crises. This book traces NPL trends during and after crises, examines the economic impact of high NPLs, and compares the effectiveness of NPL resolution strategies across economies in Asia and Europe. The book distills important lessons from the experiences of economies using case studies and empirical investigation of ways to resolve NPLs. These findings can be invaluable in charting a course through the financial and economic fallout of the coronavirus disease (COVID-19) pandemic to recovery and sustained financial stability in Asia, Europe, and beyond.
Multilateral development banks and other development agencies have adopted environmental and social safeguard policies setting due diligence standards for the provision of project finance. Such policies are evolving in terms of the activities covered and in their normative requirements. Recent iterations incorporate human rights requirements, recognising the imperative of adopting human rights-based approaches to development. Each institution has also established independent accountability mechanisms (IAM), variously functioning to ensure compliance with the applicable safeguards, to advise management regarding the application of the obligations involved, and to facilitate communication with affected communities and individuals with a view to resolving project-related disputes. IAMs are central to the implementation, interpretation, and ongoing elaboration of safeguard policies, and thus to the environmental and social good governance so essential for sustainable development. This edited volume presents a series of in-depth examinations by leading experts from banking institutions, academia and civil society, of key aspects of the rapidly evolving practice of IAMs, and of the implications of such practice for environmental and social governance.
Civil society organizations, including nongovernment organizations (NGOs), are important stakeholders of the Asian Development Bank (ADB). The ADB Cooperation with Civil Society Annual Report 2010 presents an overview of the year's work in cooperating with civil society organizations, including NGOs, in country and regional programming work, project operations, as well as in policy and strategy development. Through ADB's NGO and Civil Society Center, ADB is strengthening its partnership with civil society to further increase its contribution to development effectiveness.
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.
This book proposes the alternative explanation on the pattern of ethnic conflict, especially the on-going civil war in Myanmar. Previously, most scholars accepted that narcotics play the crucial role in conflict as the resource of revenues. However, this book dramatically changes what we have ever thought before. It investigated in both field and documentary research by examining the role of narcotics in the ideological formation process and ethnic identification process. Consequently, the so-called ethno-narcotic politics was found in the way that the role of narcotics was able to be used as the source of political mobilization in various ways. Furthermore, the borderland is the appropriated area where the process of anti-ethno-narcotics identification could be emerged and later used as the main identity for the ethnic groups who remain fighting against state’s power.
The region of Europe and Central Eurasia defined in this volume encompasses territory that extends from the Atlantic Coast of Europe to the Pacific Coast of the Russian Federation. It includes the British Isles, Iceland, and Greenland (a self- governing part of the Kingdom of Denmark). Included are mineral commodity outlook tables, plus global overview research for particularly commodities within a specific regions/countries are presented throughout the text. Manufacturers of these metals and commodities, along with trade brokers that may specialize in imports and exports, political scientists, and economists may also be interested in this volume. Students pursuing research on specific metals and mineral commodities for world economy courses may be interested in this volume.
This is a pivotal period in Sri Lanka's economic development. The end of conflict opens a door for accelerated economic growth and poverty reduction. Reform is needed to regain momentum because fiscal imbalances and rising public debt could jeopardize macroeconomic stability. The economy would benefit from significant trade and commercial policy reform. The labor market suffers from sluggish growth of formal sector employment and from skills mismatches, which can be addressed by changes in education policy and systems. The book analyzes these and related critical constraints on the Sri Lankan economy, and proposes a set of policy reforms that would lay the foundations for more rapid and inclusive development.
Carried out in consultation with officials and researchers from across the region, Towards Green Growth in Southeast Asia provides a framework for regional leaders to design their own solutions to move their countries towards green growth.
