ADB Through the Decades: ADB's Fifth Decade (2007-2016)

• Verlag: Asian Development Bank
• Jahr: 2017
• ISBN:
  9789292579265
• Thema: Commerce
• Thema: Histoire des affaires

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.

APPENDIXES

Appendix Table A1.1: Key Macroeconomic Indicators, 2006 and 2015

… = data not available, FSM = Federated States of Micronesia, GDP = gross domestic product, Lao PDR = Lao People’s Democratic Republic. Notes: Where no data are available for the specific year headings, available data for the earliest and/or nearest years are reflected. Aggregates are provided for subregions/region where at least two-thirds of the economies and 80% of the total population are presented.

Sources: ADB. Statistical Database System. http://sdbs.adb.org (accessed 20 January 2017); World Bank. World Development Indicators Database. http://data.worldbank.org (accessed 20 January 2017); ADB estimates.

Appendix Table A1.2: Selected Trade and Social Indicators, 2006 and 2015

… = data not available, FSM = Federated States of Micronesia, GDP = gross domestic product, Lao PDR = Lao People’s Democratic Republic.

Notes: Where no data are available for the specific year headings, available data for the earliest and/or nearest years are reflected.

Sources: ADB. 2016. ADB Key Indicators 2016; ADB. Statistical Database System. http://sdbs.adb.org (accessed 20 January 2017); Directorate-General of Budget, Accounting and Statistics.http://eng.dgbas.gov.tw/mp.asp?mp=2 (accessed 8 November 2016); World Bank. World Development Indicators Database. http://data.worldbank.org (accessed 20 January 2017); United Nations Inter-agency Group for Child Mortality Estimation. http://www.childmortality.org (accessed 28 December 2016); ADB estimates.

Appendix Table A2.1: Loan and Technical Assistance Approvals, 2007–2016 ($ million)^a

– = nil, Lao PDR = Lao People’s Democratic Republic.

a Lending operations include loan, grant, equity, and guarantee approvals.

b Technical assistance operations cover grants funded by the Technical Assistance Special Fund and Japan Special Fund.

c As percent of total lending and technical assistance operations.

d “Region” refers to lending or technical assistance to a subregion or a group of member economies within the region, not to any particular economy.

Sources: ADB Operations Dashboard, eOperations database; and ADB Strategy, Policy and Review Department.

Appendix Table A2.2: Loans and Technical Assistance Approvals, by Fund Source, 2007 to 2016

RETA = regional technical assistance; TA = technical assistance.

a Lending operations include loan, grant, equity and guarantee approvals.

b Technical operations only cover grants funded by the TA Special Fund and the Japan Special Fund.

c As percent of total TA Operations excluding RETA.

d As percent of total TA Operations including RETA.

Notes: The top five recipients of Asian Development Fund, ordinary capital resources, and TA are listed in this table. Lending and TA approvals for all other developing member economies are classified as “All Others.”

Sources: ADB Operations Dashboard, eOperations database; and ADB Strategy, Policy and Review Department.

Key ADB Milestones, 2007–2016

2007	• Georgia joins ADB
	• Extensive consultations are launched during the 40th Annual Meeting for a new Long-Term Strategic Framework (LTSF) based on the Eminent Persons Group report
	• ADB approves new approach to achieve development effectiveness in weakly performing countries
2008	• The Board of Directors approve the new LTSF for 2008–2020 called Strategy 2020, reaffirming ADB’s focus on poverty
	• ADB becomes the first multilateral development bank to adopt a corporate results framework
	• The First Development Effectiveness Report released in November
	• The ninth replenishment of the Asian Development Fund (ADF) starts (and became effective in 2009)
	• Review of graduation policy is completed
	Review of technical assistance operations is completed
	• A working group reviews the independence and effectiveness of the Operations Evaluation Department, later renamed Independent Evaluation Department (IED)
	• ADB approves a new evaluation policy to further strengthen lED’s independence
	• ADB reviews the operations of its resident missions to assess the achievement of their objectives and expectations
	• Strategy on human resources is reviewed
	• Responding to rising demand from member countries, ADB mainstreams the multitranche financing facility, one of the instruments implemented on a pilot basis since 2005
	• ADB conducts a comprehensive inventory and review of all existing strategies and policies and their relevance to achieving Strategy 2020
	• The Regional and Sustainable Development Department (RSDD) is reorganized to create a climate change unit; an Agriculture, Rural Development and Food Security team is formalized
	• Around $4 billion additional resources are allocated to address food, commodity, oil price, and global financial crises in the region
	• Two loans to state-owned enterprises without sovereign guara...