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SPOTLIGHT
Resilient Asia Poised to Lead Recovery from Global Slowdown, says ADB
 Developing Asia is proving to be more resilient to the global downturn than was initially thought, ADB says in a new major report. The Update to Asian Development Outlook 2009, forecasts economic expansion in developing Asia to come in at 3.9% in 2009, up from the 3.4% expected in March when the ADO 2009 was released. In 2010, the growth projection is likewise upgraded to 6.4% from 6.0%. Stronger growth in East Asia and South Asia underpinned the improved prospects. Read the news release. Read the report.
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Dynamic Enterprises Hold Key to a Return to Rapid Growth in Asia
 Asia's attempts to rebalance growth towards domestic sources will in part depend on the development and growth of the region's business sector, says a new report from ADB. The report, published in a special chapter of Key Indicators 2009, the flagship annual statistical publication of the ADB, says a return to rapid regional growth will require stronger domestic demand, for which the emergence of a large and rapidly growing urban middle class is key. The health of Asian enterprises, especially small and medium-sized enterprises (SMEs) – where most Asian workers are employed – will be important in this regard. Read the news release. Learn more on KI.
Emerging East Asia Entering Transition from Recession to Recovery
 Although economic growth is continuing to slow this year, emerging East Asia has already entered the transition from recession to recovery, says the July issue of the Asia Economic Monitor (AEM). Deep recessions in the US, Europe, and Japan will continue to hurt emerging East Asian economies, especially the smaller ones that are highly reliant on exports. But larger economies in the region that have implemented major fiscal packages are beginning to see results from the domestic stimulus, most notably the People's Republic of China (PRC). Read the news release. Learn more on AEM.
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Recent Events
Career Opportunity Seminar in Tokyo
July 30-31
 Ikuko Matsumoto, Director of Staff Development and Benefits Division, visited Tokyo for JRO Career Opportunity seminar. In her presentation, joined by many university students and young office workers, she shared information on organization's human resource strategy in line with ADB's Strately 2020, how to be a successful candidate, ADB's operations in general, benefits, etc.
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MDG Nag holds consultations in Japan
August 6-7
 MDG Nag, accompanied by JRO RDG Kuniki Nakamori and DER PD Ann Quon, discussed ADB operations and strategic directions with the Vice-Minister of Finance for International Affairs Rintaro Tamaki and officials from the Japanese Government, JBIC, and JICA. At the two-day mission, MDG Nag in a seminar discussed ADB's future direction and responses to the economic crisis. He was interviewed by NHK TV and selected international media on Asia's economic outlook.
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Students visit INRM
September 1, 9
 22 students of Hosei University, studying development cooperation under Prof Goto, visited India as part of their study tour. In New Delhi, they visited ADB Resident Mission where they were given a lecture by Mr Tadashi Kondo, country director, and other staff of INRM. ADB's Indian Resident Mission.
 Some students also visited Dhaka, Bangladesh, and BRM, which is the ADB's oldest Resident Mission. They were welcomed by Zahid Hossain, Head, Country Programming, and learned bank's operations in the country and challenges of poverty reduction. ADB's Bangladesh Resident Mission.
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Forthcoming Events
October 3-4
Global Festa JAPAN 2009
 JRO will participate in Global Festa Japan 2009* to be held on October 3-4 in Hibiya Park, Tokyo. As usual, JRO will distribute information brochures and publications including the Japanese version on Annual Report. On Sunday, Tsukasa Maekawa, Principal External Relations Specialist of ADB headquarter, will give a presentation for those seeking a post in the bank.
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October 27
AOTS Success Story Convention
The Association for Overseas Technical Scholarship (AOTS) will host "Investing in People for a Better World" at in UNU Headquarter in Shibuya, Tokyo. During the seminar, speakers from China, Ghana, India, Malaysia, Nepal and Thailand will make presentations on topics of technology transfer, cultural exchange and social contribution as well as their experiences in home countries. JRO RDG Kuniki Nakamori will also be a panelist. Online registration can be made at http://www.aots.or.jp/50th/eng/events/convention.html* |
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Inside newly built libraries in upper secondary schools in Lao Cai, Viet Nam, scores of students can often be found each afternoon, poring over rented books and hunched over their homework. The schoolwork is difficult, says Nguyen Thu Trang, but fun.
 The new libraries and books are part of a $55-million project approved by ADB in 2002.
"The Government's goal is to expand upper secondary education by 2010, focusing on enhancing access to secondary education and competitiveness in the regional market. Quality improvement is of highest priority," says Eiko Izawa, an ADB senior education specialist and the project leader.
Only one out of every three Vietnamese teens aged 15–17 years had access to upper secondary education, and ethnic minorities fared even worse. Disparities in enrollment were also significant between rural and urban areas, the poor and nonpoor, and boys and girls.
To date, a total of 1,445 rooms including classrooms, libraries, science laboratories, computer rooms, and others have been constructed.
"The classrooms have enough space for group study activities, and teachers can manage the lessons more effectively with the instructional materials and equipment provided by the project," said the Si Ma Cai No. 1 school principal.
 The project is supporting the Government's dissemination of a new, diversified curriculum—along with the accompanying textbooks, teachers' guides, and workbooks—to 11 provinces.
Over 8,500 teachers and 300 school principals have now been trained in student-centered teaching methods—far beyond the target of 2,700 teachers and 55 principals.
"Students can learn much more actively by this method," said Mr. Trinh Khac Binh, a math teacher in Si Ma Cai No. 1.
By project completion in June 2011, Viet Nam will have over 100,000 new, skilled workers and hence over 100,000 Vietnamese children will have then been given a chance to fulfill their dreams.
Learn more about this project.
Learn more about ADB office in this country.
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Infrastructure for a Seamless Asia
In view of Asia's enormous untapped economic potential and the ongoing global economic and financial crisis, the challenge now is to build efficient and seamless connections across Asia and thus to the rest of the world for a more competitive, prosperous, and integrated region.
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Asian Development Bank
Japanese Representative Office
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3-2-5 Kasumigaseki, Chiyoda-ku
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Fax. + 81 3 3504 3165
Web site: www.adb.org/JRO/
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