The objective of the TA is to strengthen regional monitoring of economic and financial systems. Identification of systemic financial and economic risks will increase the probability of early detection of possible crises and permit timely policy action to prevent or mitigate a crisis. Regional monitoring will be strengthened by more informed and higher quality discussions at Technical working Group on Economic and Financial Monitoring (ETWG), Finance Ministers' Meeting (FMM), and other regional forums. The development of a systematic approach for assessing regional financial vulnerability will establish a common framework for regional surveillance and discussion of potential vulnerabilities. Moreover, the collective process of developing such a systematic approach will itself strengthen the cooperative experience. An important element of the approach will be an enhanced and organic VIEWS package that adapts to new conditions while still serving as a prototype for NSUs.
Latest Project Documents
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.