Enhancing the Fight Against Poverty in Asia and the Pacific: The Poverty Reduction Strategy of the Asian Development Bank

Date: December 2004
Type: Policies, Strategies, and Plans
Subject:
ADB administration and governance; Poverty

Description

The Asian Development Bank (ADB) formally adopted poverty reduction as its overarching goal in 1999 and announced its Poverty Reduction Strategy (PRS) to achieve this end. Four years after the adoption of the PRS, a comprehensive review was undertaken to obtain feedback from the implementation experience of the PRS and examine its relevance in the context of the major changes that have occurred both within the region and globally. This process was completed in July 2004. This document summarizes the essential elements of ADB’s strategy for poverty reduction today enhanced by feedback from the review.

Contents

  • Foreword
  • The Asian Development Bank's Mission
  • A Framework for Poverty Reduction: Pillars of the Poverty Reduction Strategy
  • The Strategy
  • Implementing the Strategy
  • Millennium Development Goals and Targets and Assessment of Progress