Search results for "Asian Development Bank"
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Indonesia and the Asian Development Bank
This book is a history of the partnership between Indonesia and ADB in the last five decades. Since Indonesia became a founding member of ADB in 1966, both have evolved in remarkable ways.Indonesia developed rapidly through the late 1990s yet faced a difficult time of adjustment after the Asian financial crisis of 1997–1998. The country has since resumed growth in the last decade. For its part, ADB has widened its activities in Indonesia, transforming from a project-oriented bank into a broad-based development institution. This effective partnership reflects Indonesia’s success in working with the international community in the past 50 years.
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From the Ground Up
The publication captures the knowledge and lessons from a water supply project in the coastal city of Khulna in Bangladesh in addressing the worsening salinity levels in the water sources.The transition from groundwater to surface water or conjunctive use can be costly and technically complex. The Khulna Water Supply Project, cofinanced by the Asian Development Bank and the Japan International Cooperation Agency, developed a new surface water source and avoided the recurring high costs of desalination treatment technology. The project financed an entirely new system—from intake to tap—for 65% of the city's population. The transformative changes from the project were possible with the newly established Khulna Water Supply and Sewerage Authority, only the third of its kind in the country.
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Local Currency Collateral for Cross-Border Financial Transactions
This report looks at how the use of local currency-denominated bonds for cross-border collateral transactions can be promoted in ASEAN+3 to develop regional bond markets.Active use of local currency-denominated bonds for cross-border collateral transactions can help by mitigating risks, reducing the credit costs of financial institutions, and expanding market liquidity. The report identifies the challenges faced by regional collateral markets and proposes seven policy recommendations for promoting the cross-border use of local currency bonds as collateral in the Association of Southeast Asian Nations plus the People's Republic of China, Japan, and the Republic of Korea—known collectively as ASEAN+3.
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Green Bond Market Survey for the Lao People's Democratic Republic
This publication draws on findings from a survey on the green bond market in the Lao People's Democratic Republic to provide insights on what support is needed to further develop the country's sustainable finance market.The survey assessed the interest of institutional investors in green bond issuances in the Lao PDR. It helped identify drivers and impediments for the development of country's sustainable finance market as well as priority areas in which ADB and other development partners could provide support.
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Chinese Multilateralism in the Asian Infrastructure Investment Bank (AIIB)
This book reflects the latest legal development of the Asian Infrastructure Investment Bank (AIIB), and makes direct and positive responses—it uses first-hand, authoritative information and makes insightful and persuasive analyses in addressing those concerns.In particular, this book provides nuanced analysis of the following topics:— capital allocation of the AIIB, in comparison with those of Bretton Woods institutions;— dynamic relationship between the shareholder board and management, a central topic of corporate governance for the AIIB and other MDBs;— AIIB’s environmental and social safeguards, including its frontier ESG portfolio investments, in comparison with the World Bank standards;— highly debatable issues relating to the interaction between AIIB, Belt and Road, and MCDF;— comparative study of state-owned enterprises in the laws of AIIB, WTO, ICSID, etc..This book targets academics, students, policymakers, and business circles who are interested in AIIB, given the bank’s growing importance in the context of global economic governance reforms. First, the book is a must for those who are keen to gain insight into the AIIB. Ten years have passed since the debut of the idea of AIIB in 2013, and the topic has never retreated from the debate of the international community—a major concern is whether a China-led multilateral development bank (MDB) remains to be politically neutral, or professional, and can live up to high standards.
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Asian Infrastructure Investment Bank
In 2016 the Asian Infrastructure Investment Bank (AIIB) opened its doors as China's first major foray in creating and leading an international organization with global membership. All major donor countries have since joined, with the exception of the United States and Japan. Today the AIIB is a medium-sized multilateral development bank (MDB) with a global membership second to the World Bank's. It is also a paradox as a liberal institution created by an illiberal regime. This book offers a comprehensive explanation of the factors behind the birth and the design of the AIIB and examines the AIIB in a larger context of Chinese development finance strategies. It explains the complexity of the AIIB as a liberal international organization designed by a group of state and multilateral development bank (MDB) experts to be deeply connected to the norms, rules, and networks of global development banking, while it is also an institution created by an illiberal state whose many ways of interacting with those global norms and rules can be contradictory. Gutner shows that while the AIIB is largely cut from the same cloth as other major MDBs, it also faces similar challenges and criticism. The arguments presented advance our understanding of how institutional diffusion takes place in the system of MDBs. and are a reminder of the importance of more nuanced approaches to understand why and how China's institutional strategies show great variation.
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Reaping the Benefits of Industry 4.0 through Skills Development in Cambodia
This report explores the implications of the Fourth Industrial Revolution (4IR) on the future of Cambodia's job market, particularly in tourism and garment manufacturing as the top two industries with the largest employment in the country.These two industries are likely to benefit from the transformational effect of 4IR, if there is adequate investment in jobs, skills, and training. The report is part of series developed from an Asian Development Bank study on trends in skills demand in Cambodia, Indonesia, the Philippines, and Viet Nam.
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Informal Services in Asian Cities
This book explores urban informality in Asian cities and looks how the informal sector's contribution to inclusive and sustainable growth can be enhanced.While supporting the livelihoods of most of the developing world's urban poor, the informal sector also deprives them of basic services and social protection. Rendered vulnerable to socioeconomic threats, people in the urban informal sector have suffered disproportionately during the COVID-19 pandemic and face a highly uncertain future. The book explores informality's forms and constraints in Asian cities. It describes the pandemic's effects on the informal sector and how leveraging informal services can enable urban resilience. Drawing on interdisciplinary research, the book illustrates the transformative potential of urban planning and governance that addresses informality. It also details measures that could boost the informal sector's inclusive and sustainable growth potential.
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Regional Development Banks in the World Economy
Regional development banks (RDB) have become increasingly important in the world economy, but have also been relatively under-researched to date. This timely volume addresses this lack of attention by providing a comprehensive, comparative, and empirically informed analysis of their origins, evolution, and contemporary role in the world economy through to the second decade of the twenty-first century. In Regional Development Banks in the World Economy, the editors provide an analytical framework that includes a revised categorisation of RDB by geographic operation and function. Part one offers detailed analyses of the origins, evolution, and contemporary role of the major RDB, including the Inter-American Development Bank, the African Development Bank, the Asian Development Bank, the European Investment Bank, the Central American Bank, the Andean Development Corporation, theEuropean Bank for Reconstruction and Development, and the Asian Infrastructure Investment Bank. Part two offers comparative analyses of key topics on RDB, examining their initial design and their changing business models, their shifting role in promoting policies supported by the United States as hegemon and theprivate sector. The volume ends with a critical reflection on the role played by RDB to date and a strong defence of the need for these banks in an increasingly complex world economy.
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Green Infrastructure Investment Opportunities
This report explores green bonds and other finance instruments for climate-resilient infrastructure and investment opportunities that can support Thailand in achieving a low carbon economy.In this report, the Climate Bonds Initiative (CBI) consulted with experts in partnership with ADB, the ASEAN Catalytic Green Finance Facility, and Thailand's Securities and Exchange Commission and Public Debt Management Office under the Ministry of Finance. It is part of a series for various countries developed by CBI to promote green financing among various stakeholders and development partners in the public and private sectors, including project owners and developers, institutional investors, asset managers, financial institutions, government bodies, and international organizations.
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Road Map for ShymkentÐTashkentÐKhujand Economic Corridor Development
This publication presents an institutional framework and action plans for the development of the ShymkentÐTashkentÐKhujand Economic Corridor (STKEC) connecting Kazakhstan, Tajikistan, and Uzbekistan.The assessment explores the transit of international goods in cities and oblasts (administrative divisions or regions) in STKEC and and trade regimes in the three countries. The report also identifies and analyzes existing barriers and opportunities for trade expansion. It provides recommendations for various stakeholders on policy measures for improvement under the framework of the STKEC development.
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Integrated Disaster Risk Management Fund
This publication discusses lessons learned from and achievements of the Integrated Disaster Risk Management (IDRM) Fund in supporting ADB technical assistance projects in Southeast Asian developing member countries.The Government of Canada and ADB established the IDRM Fund in February 2013 to advance proactive integrated disaster risk management measures on a regional basis in Cambodia, Indonesia, the Lao People’s Democratic Republic, Myanmar, the Philippines, Thailand, and Viet Nam. The IDRM Fund funded 19 technical assistance projects with a gender-focused approach to IDRM and reflecting regional solutions that produce cross-border disaster management.
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Beyond US Hegemony in International Development
China's initiative to establish the Asian Infrastructure Investment Bank (AIIB), attracting membership from G7 countries against the vocal opposition of the United States, has been recognised as a significant moment in an ongoing hegemonic transition. This book examines how power transitions have played out in the World Bank over the last five decades, offering the first authentic account of the international diplomacy behind donor financing of the World Bank's International Development Association (IDA). Jiajun Xu decodes how the United States amplified its influence at the World Bank despite its flagging financial contributions to IDA. She further demonstrates that the widening influence-to-contribution disparity provoked other donors into taking 'exit/voice' measures, contesting the hegemon's legitimacy. A rising China initially decided to become an IDA donor, seeking influence from within. However, the entrenched hegemonic position of the United States in World Bank governance drove China to initiate the AIIB and New Development Bank, putting competitive pressures on the US-centred multilateral institutions to adapt.
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Multilateral Development Banks
Upton examines the U.S. policy process toward the five multilateral development banks-the World Bank Group, the Inter-American Development Bank, the Asian Development Bank, the African Development Bank, and the European Bank for Reconstruction and Development-as a case study in how the United States manages its participation in multilateral institutions. The management of the U.S. role in these institutions is significant primarily because these institutions play an increasingly important role in the U.S. relationship with the developing world and because, for the most part, they are mature institutions being called upon to adapt their roles and operating styles to new financial and political realities.After examining the evolving role of the MDBs from the U.S. perspective, Upon describes the U.S. policy process toward the banks and assesses its strengths and weaknesses. She then sets out recommendations for improving the process and looks at the broader, more general lessons for U.S. policy formulation on multilateral institutions. An important assessment for scholars, researchers, and policy makers involved with international relations and economic policy.
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Improving Water, Sanitation, and Hygiene in Schools
This publication provides essential information on the planning, implementation, and management of improved water, sanitation, and hygiene (WASH) in schools, particularly for small and isolated rural settlements in Mongolia.Many schools in Mongolia face significant challenges in improving WASH due to physical and demographic conditions. The country’s harsh winters require sustainable WASH facilities that can withstand extended periods of below-freezing temperatures. Information about WASH standards and norms, design and technology options, operation and maintenance, hygiene education approaches, and cost estimation outlined in this publication are useful for national and local administrators, engineers, field practitioners, and policy makers.
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Global Changes and Sustainable Development in Asian Emerging Market Economies Vol. 1
This two-volume set presents the conference papers from the 1st International Conference on Economics, Development and Sustainability (EDESUS 2019), organized by the University of Economics and Business, Vietnam National University, Hanoi. The collection addresses global changes and sustainable development in Vietnam and other emerging market economies in Asia, and covers wider topics such as economics and business (e.g. economic theory, national and international income distribution, macroeconomic policies, sectors of economy, productivity developments, financial market, business governance, bank financing), development and sustainability (e.g. developing process, development policy, public policy, sustainable growth, sustainability tools, sustainable livelihood, sustainable tourism, green growth), and resources and global change (e.g. human resources, natural resources, climate change, globalization, global challenges). The books are of interest to professors, researchers, lecturers, and students in economics and geography, consultants, and decision makers interested in global changes and sustainable development. Volume 1 focuses on economic development in Vietnam and other emerging market economies in Asia. This covers topics such as economics and business (e.g. economic theory, national and international income distribution, macroeconomic policies, sectors of economy, productivity developments, financial market, business governance, bank financing) and development studies (e.g. developing process, development policy, public policy, green growth).
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