Catalog

	Table of Contents
p. 5 of 11 BACK | NEXT What is governance? The role of governance in the Bank's response to the Asian financial crisis Interventions beyond the crisis Policy Framework Disseminating the lessons of experience Enhancing the Bank's capcity of governance work Next Steps Summary and conclusions Program Loans and Sector Development Loans with Governance Components, 1995-1998

Governance in Asia: From Crisis to Opportunity

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Interventions Beyond the Crisis

Nineteen ninety-eight was a landmark and eventful year in many ways beyond the crisis. The Bank's Board of Directors approved policies that essentially complete the policy framework for governance and public management. The Bank intensified its efforts at disseminating the lessons of international experience in public management and-most important for the future of the Bank as a broad-based development institution-managed to strengthen internal capacity significantly. In the process, partnerships with other multilateral finance institutions (particularly IMF and the World Bank) have become even closer, because an enhanced ADB role in governance is intended to lead to greater development impact of all external assistance to this vast and extraordinarily varied region. Policy framework, disseminating the lessons of experience, and enhancing the Bank's capacity for governance work-the key building blocks for an enhanced Bank role in governance and public management-are reviewed briefly below.

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