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ADB has been ranked second among 10 intergovernmental organizations in terms of accountability to the people the organizations affect. The 2007 Global Accountability Report, published by One World Trust, assesses the accountability of 30 of the world's most influential organizations from the intergovernmental, corporate, and nongovernmental sectors. Read the full report.*

Brunei; Singapore; and Hong Kong, China; rank among the top five economies in developing Asia and the Pacific in terms of real per capita income, says the 2005 International Comparison Program (ICP) in Asia and the Pacific: Purchasing Power Parity and Real Expenditure. Read the full study.

Speaking at the Asia-Pacific Water Summit in Beppu, Japan, ADB President Haruhiko Kuroda called on all countries in the Asia and Pacific region to make a fundamental change in the way they manage water to build a sustainable future. “We need to change the way we think about water – change to a broader perspective that considers all facets of economic and social development,” said Mr. Kuroda. Read the full speech.

Emerging East Asia to Maintain Strong Growth, Downside Risks Rise, Says ADB

ADB President Haruhiko Kuroda said that ADB is committed and ready to play a key role in mobilizing capital to advance climate change action in the Asia and Pacific region in his speech at the High-Level Event of Finance Ministers Meeting on Climate Change on 11 December 2007 in Bali, Indonesia.

The war in Afghanistan has spawned an explosion in illegal drug use on the streets of the nation's capital city Kabul, with residents turning to injecting drugs to escape the traumas of continuing instability, unemployment, and poverty.