Description
Book SynopsisProviding an authoritative yet accessible introduction to the Asian Development Bank (ADB), this comprehensive Companion offers a detailed examination of the ADB’s objectives, policies, development outcomes, strengths and weaknesses, areas for reform, and challenges going forward.
M. G.Quibria and Albab Akanda’s enlightening Companion is a significant addition to the literature on the ADB, delivering in-depth assessments of its operations to date and succinctly summarising its future priorities. Chapters provide state-of-the-art contributions from leading scholars on various themes such as the ADB’s approach to an increasingly multipolar world, the role of the ADB in supporting developing member countries, agricultural transformation in developing Asia and the challenges and opportunities represented by megacities in developing Asia. Crucially, the Companion advances the sound knowledge of the ADB’s history, its current methods of operation and its position in the global economy.
This stimulating and forward-looking Companion will be essential reading for students, scholars and academics interested in Asian development, international economic development and international relations. It will also be a vital resource for international policymakers, diplomats, practitioners and think tank staff.
Trade Review‘I strongly recommend this book for anyone interested in Asian development and, in particular, the ADB. It provides an authoritative yet accessible introduction to the ADB—its objectives, policies, development outcomes, strengths, weaknesses, areas for reforms, and challenges going forward including state-of-the-art reviews of current debates on various ADB-related issues in the context of ongoing deliberations on development assistance, international political economy, and good governance.’ -- Jere R. Behrman, University of Pennsylvania, US
‘It was once thought that the mandate of the ADB was to reduce poverty. Since the Asian Miracle reduced poverty, did it reduce the need for the ADB? The establishment of the Asian Infrastructure Investment Bank, “One Belt One Road” initiative, and enormous demand for infrastructure investment, among other things, have completely changed the economic and political milieu facing the ADB. This book covers many topics of interest for all of us who are concerned with the present state and future of Asia and the ADB.’ -- Keijiro Otsuka, Kobe University, Japan
‘The Elgar Companion to the Asian Development Bank
is a comprehensive guide that delves into the history, achievements, challenges, and prospects of the Asian Development Bank (ADB). Distinguished scholars and experts explore various dimensions of the ADB's role in the Asia-Pacific region, including its response to a changing world, its support for member countries' development, its contributions to economic and social progress, and its recommendations for reforms. The book provides a critical assessment of the ADB's strengths and weaknesses within the global economic landscape. It is an essential resource for those interested in Asian development, international economic development, and international relations.’ -- Arvind Panagariya, Columbia University, US
‘This book on the Asian Development Bank (ADB) is a welcome compendium of treatises and reflections crafted by former professional senior officials coming from Asia.’ -- Ernesto Pernia, University of the Philippines, Philippines
‘The Asian Development Bank is the premier international development finance institution for the Asia-Pacific region. It recently celebrated its first 50 years by commissioning both an official history and an authoritative examination of these countries’ socio-economic development. This Companion by retired senior officials of the Bank provides further rich insights into this fascinating and diverse region.’ -- Hal Hill, Australian National University, Australia
Table of ContentsContents Preface xii Acknowledgments xv 1 Asian Development Bank and the Belt and Road Initiative: challenges and opportunities 1 Xianbai Ji and Pradumna B. Rana 2 The Asian Infrastructure Investment Bank: a complement or a substitute for the Asian Development Bank? 11 M. G. Quibria 3 Organizing the Asian Development Bank: challenges and opportunities in an increasingly multipolar world 21 Stephen P. Groff 4 Improving professional expertise: key to enhancing the Asian Development Bank’s development effectiveness 33 Cedric Saldanha 5 Economic research at Asian Development Bank: a retrospective 43 Ramesh B. Adhikari 6 Averting economic crisis in developing Asia through economic surveillance: the role of the Asian Development Bank 56 Juzhong Zhuang 7 Climate disasters in Asia and the Pacific: the role of the Asian Development Bank in mitigation and adaptation 66 Vinod Thomas 8 Post-pandemic developing Asia: an agenda for the Asian Development Bank 78 Shiladitya Chatterjee 9 Symbiosis of trade and regional cooperation in Asia and the Pacific: the role of the Asian Development Bank 91 Douglas H. Brooks 10 The role of the Asian Development Bank in fostering regional integration through cross-border transport connectivity 101 Jayant Menon 11 Assessing the role of mega infrastructure initiatives and the Asian Development Bank in financing Asian infrastructure 116 Ganeshan Wignaraja and Marco Gatti 12 From governance to performance in Asia-Pacific 131 Clay G. Wescott 13 Poverty in developing Asia and the Asian Development Bank 144 Mohiuddin Alamgir 14 Agricultural transformation and food security in developing Asia: past successes, present challenges, and future policy options 157 M. G. Quibria 15 Megacities in developing Asia: challenges and opportunities 167 Syed Abu Hasnath 16 Environmental and social impact assessment: revisiting the theme 177 Armando Balloffet and Albab Akanda 17 The Asian Development Bank’s accountability mechanism: shifts in the accountability landscape 187 Suresh Nanwani 18 The Asian Development Bank’s environment program: challenges and directions 199 Prodipto Ghosh 19 The evolution of the Asian Development Bank’s relations with civil society 213 Bart W. Édes 20 Improving the Asian Development Bank’s education sector service delivery 226 William Loxley 21 Advancing gender equality and women’s empowerment in Asia beyond the Covid-19 pandemic – challenges and opportunities for the Asian Development Bank 236 Eugenia McGill 22 The Asian Development Bank’s energy sector operations in the twenty-first century 249 Dan Millison 23 The private sector challenge for the Asian Development Bank: some reflections 263 K. A. S. Murshid 24 Promoting ICT in developing Asia: the road ahead 275 Raja M. Mitra 25 The Asian Development Bank and the Pacific Islands 288 Xianbin Yao
