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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
A. Pro-Poor Sustainable Economic Growth
>> B. Social Development
C. Good Governance
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 : V. ADB’S Framework for Poverty Reduction

B. Social Development

25. Donors endorsed the framework’s tenet that economic growth can effectively reduce poverty only when accompanied by a comprehensive program for social development. Just as some targeting of economic development is necessary to reach bypassed areas, so social development must be targeted. Therefore, every country needs to have a comprehensive national poverty reduction strategy that provides for:

(i) adequate budgetary allocations for human capital, (ii) targeting of basic social services to the poor, (iii) removal of gender discrimination, (iv) an effective population policy, (v) social protection, and (vi) the promotion of good governance and empowerment of the poor and disadvantaged.

Beyond developing human capital, the aim must be to strengthen social capital, especially for people subject to social exclusion. In that regard, Donors also reaffirmed that targeted programs will be required for human capital development,2 population policy, social capital development,3 gender and development, and social protection.4

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  1. Human capital is the primary asset of the poor, and its development requires basic education, primary health care, and other essential services.
  2. Strengthening social capital of the poor means increasing their opportunities to participate in the workings of society. This includes promoting participatory institutions, antidiscrimination legislation, land reform, property rights, and accessible justice systems.
  3. Social protection comprises a family of programs designed to assist individuals, households, and communities to better manage risks and ensure economic security.


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A. Pro-Poor Sustainable Economic Growth
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C. Good Governance

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