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Book Cover
Author McCawley, Peter

Title Banking on the Future of Asia and the Pacific : 50 Years of the Asian Development Bank
Edition 2nd ed
Published Manila : Asian Development Bank Institute, 2017


Description 1 online resource (550 pages)
Contents Cover; Title; Copyright; CONTENTS; About the Author; Foreword; Preface; Contributors; Abbreviations; ADB Regional and Nonregional Members; ADB Time Line; Chapter 1-Introduction; A Multilateral Agency; A development Organization; A Financing Institution; The Leadership Succession; The Challenge of development; Beginnings (Until 1966) ; Chapter 2-Asia in the 1960s: Ferment and transformation; Japan and the Flying Geese; The Four Tigers; Instability in Southeast Asia; Stagnation in South Asia; Isolation of the People's Republic of China; Delayed Independence in the Pacific
Other Economic ChallengesRegional Cooperation; International Trends; Chapter 3-Establishing the Bank; Earlier Proposals; Takeshi Watanabe and the Tokyo Study Group; Help from the United Nations Economic Commission for Asia and the Far East; Two Streams Merge; The Scope of Membership; Japan and the United States; Serious Preparations; Drafting the Charter; Headquarters of the bank; The First President; First Decade (1967-1976) ; Chapter 4-Asia: Building Momentum and Facing shocks; Strengthening Agriculture; The drive for Industrialization; Coping with Economic Shocks
Chapter 5-ADB: The Character of the BankA Vision for the bank; A Careful Start; Research Activities; Other Main Studies; The First Technical Assistance and Loans; Early Priorities; Trends in Lending; Sources of Finance; Increases in Capital; ADB bonds; Special Funds; Transition of the Leadership; Shiro Inoue; Crisis-Related Programs; Second General Capital Increase and Establishment of ADF; Borrowing in Capital Markets, Cofinancing, and Recycling of Oil Money; Operational Summary; Ten Years Old; Second Decade (1977-1986) ; Chapter 6-Asia: transformation in the region
Consequences of StagflationBasic Human Needs and Structural Adjustment; Geese become Tigers; Southeast Asia: Swings of Fortune; South Asia; Pacific Island Countries; People's Republic of China; Growth Continues; Chapter 7-ADB: Toward a Broader Development Bank; Taroichi Yoshida; Widening Agenda for ADB; Creating New Loans; Surveys and Reviews; Pressures for Fundraising; Masao Fujioka; Priorities in the 1980s; Increasing Lending and First Private Sector Operations; Staff and First Resident Mission; Agreeing on Country Strategies and Flexible Lending Arrangements; Raising Funds in Hard Times
A Regional development InstitutionThe People's Republic of China Joins the bank; India as a borrower; Operational Summary; Into a Third decade; Third Decade (1987-1996) ; Chapter 8-Asia: Reemergence of the region; Changes in Capital Flows; New Trade Arrangements; A broadened International development Agenda; States and Markets; The Influence of Globalization; The Newly Industrialized Economies; People's Republic of China; Southeast Asia; South Asia; Central Asian Republics; Pacific Island Countries; Increasing Strength in Asia; Chapter 9-ADB: new Members and new regions
Summary "This book is a history of the Asian Development Bank (ADB), a multilateral development bank established 50 years ago to serve Asia and the Pacific. Focusing on the region's economic development, the evolution of the international development agenda, and the story of ADB itself, Banking on the Future of Asia and the Pacific raises several key questions: What are the outstanding features of regional development to which ADB had to respond? How has the bank grown and evolved in changing circumstances? How did ADB's successive leaders promote reforms while preserving continuity with the efforts of their predecessors? ADB has played an important role in the transformation of Asia and the Pacific over the past 50 years. As ADB continues to evolve and adapt to the region's changing development landscape, the experiences highlighted in this book can provide valuable insight on how best to serve Asia and the Pacific in the future."-- Provided by publisher
Notes Managing Member Priorities
Print version record
Subject Asian Development Bank.
Asian Development Bank -- History
Asian Development Bank
Banks and banking -- Asia
Banks and banking -- Pacific Area
Banks and banking
Pacific Area
Genre/Form History
Form Electronic book
ISBN 9789292578763