ADB's Approach to Assisting the Pacific (2010-2014)
ADB's approach to assisting the Pacific (The Pacific Approach) addresses challenges and opportunities common to Pacific DMCs, and seeks to identify where and how regional approaches and common guidelines can be used to improve the effectiveness of development assistance.
The Pacific developing member countries (Pacific DMCs) of the Asian Development Bank (ADB) differ in many respects - including size, population, resource endowments, and social and economic achievements - but there are also many similarities. The Pacific is a region of great diversity but it is also a region of common problems and issues. Each country has unique characteristics, so country partnership strategies are prepared for each DMC. However, despite their differences, similarities in culture, traditions, history, and geography mean that they face many common development challenges as well as opportunities for cooperation and coordination. An ADB study of the case for further regionalism supported the formulation of the Pacific Plan. A significant common feature is that most Pacific DMCs exhibit fragile situations. ADB's approach to assisting the Pacific (The Pacific Approach) addresses these common challenges and opportunities, and seeks to identify where and how regional approaches and common guidelines can be used to improve the effectiveness of development assistance.
- Development Context
- ADB Operations
- The Pacific Approach