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p. 14 of 14 BACK | NEXT Preface Emerging Asia: Challenges to Development The Strategic Agenda Implementing the Strategy Resources for the Strategy Next Steps

The Long-term Strategic Framework of The Asian Development Bank (2001-2015)

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Next Steps

ADB is facing formidable challenges in working toward its long-term vision of an Asia and Pacific region free of poverty. ADB is committed to helping its DMCs achieve the IDGs and will work in collaboration with its member countries and with other development partners to help achieve these goals. Three core strategic themes, supported by three crosscutting themes and reflecting the institution’s particular strengths and experience, have been defined in this strategic framework as the focus of ADB’s lending and nonlending activities. The core strategic themes are

1. sustainable economic growth,
2. inclusive social development, and
3. governance for effective policies and institutions

The crosscutting strategic themes

1. promoting the role of the private sector in development,
2. supporting regional cooperation and integration for development, and
3. addressing environmental sustainability—reinforce and extend the core strategic themes

The LTSF provides the broad direction for ADB over the next 15 years. While it is very difficult to predict what changes may occur in the region over this period, the strategy has been designed to provide focus, but to allow sufficient flexibility and adaptability to address the diverse and changing needs of the region. To implement the strategic agenda over the medium term, a number of concrete actions and steps need to be taken. To measure ADB’s contribution toward the IDGs, the achievement of which goes far beyond the capacities of any single institution, interim benchmarks and development targets must be defined. More generally, to support implementation and allow for flexibility in the long-term strategy, medium-term strategic frameworks (MTSFs) that cover segments of the LTSF will be formulated starting in 2001. Each MTSF will define specific changes in business processes and in assistance modalities that will be necessary to implement the long-term agenda. The MTSFs will also guide the formulation of individual country strategies and programs over the medium term, as well as direct the overall annual work and budget planning of the institution. Details of the action plan for implementing the LTSF are given in Appendix 4.

Ultimately, the effectiveness of ADB’s role in supporting development and poverty reduction in the Asia and Pacific region will be determined by the support and continuing commitment of its shareholders to the institution. The LTSF, by defining ADB’s role in the region, provides the basis for such support and long-term commitment.

Back Resources for the Strategy	The Long-term Strategic Framework of The Asian Development Bank (2001-2015)