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Asian Development Bank

The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966 which is headquartered in Ortigas Center located in Mandaluyong, Metro Manila, Philippines, and maintains 31 field offices around the world, to promote social and economic development in Asia. The bank admits the members of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP, formerly the Economic Commission for Asia and the Far East or ECAFE) and non-regional developed countries. From 31 members at its establishment, ADB now has 67 members, of which 48 are from within Asia and the Pacific and 19 outside. The ADB was modeled closely on the World Bank, and has a similar weighted voting system where votes are distributed in proportion with members' capital subscriptions. ADB releases an annual report that summarizes its operations, budget and other materials for review by the public.

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    • April 2017
      Source: Asian Development Bank
      Uploaded by: Knoema
      Accessed On: 17 April, 2017
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      1. Emerging East Asian bond yields continued to fall amid a weak global economy and while the outlook for the region’s bond markets is generally benign, a number of risks are emerging, including US Federal Reserve rate hike, broad-based global economic slowed. 2. During survey respondents were asked to rate each initiative as either “very important (4),” “important (3),” “somewhat important (2),” “not important at all (1),” or “don’t know” (0). The results were then quantified based on a scoring system ranging from 4 (“very important”) to 0 (“don’t know”).  
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