Catalog

	Table of Contents
p. 5 of 53 BACK | NEXT Executive Summary Summary of Conclusions and Recommendations by ADF Donors ADF VIII: Requests for Midterm Policy Reviews and Reports I. Introduction II. The International Development Goals III. Poverty in Developing Asia IV. ADB and ADF: Vision and Role V. ADB’S Framework for Poverty Reduction VI. Development through Partnership VII. ADF Resources: Portfolio Management and Performance VIII. The Strategy for Implementing ADF VIII IX. Planned Lending in ADF VIII X. Financing Framework for ADF VIII XI. Issues for Policy Review XII. Midterm Review of ADF VIII

ADF VIII Donor's Report: Fighting Poverty in Asia

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II. The International Development Goals

6. Donors reaffirmed that the challenge of mass poverty reduction is daunting. Without a concerted effort from the development community to make its efforts more effective, it will be difficult to sustain progress in reducing the proportion of people living in extreme poverty which has been achieved in recent years. This has prompted an intense re-examination of development strategies to see that poverty reduction is achieved.

7. Because of the increased concern with mass poverty in the 1990s, the international community adopted the international development goals (IDGs) (Table 1). Addressing pervasive poverty has been given additional urgency by indications that progress toward poverty reduction has recently slowed, partly as a result of the recent Asian financial crisis. Donors reaffirmed that achievement of the IDGs is critically dependent on accelerated and sustained economic and social progress in poor countries in Asia. The success of the war against global poverty will in large part depend on how well countries in the Region, supported by the international community, fight poverty in Asia. In this context, Donors recommended that ADB use the IDGs, including any Asian-specific IDGs which could be prepared through ADB assistance, as the long-term strategic benchmarks against which ADB plans operations and views performance in DMCs. Donors called on ADB to stay firmly committed toward achieving the IDGs in all of its operations.

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