ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
ORGANIZATION
ACCOUNTABILITY
ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
ABOUT ADB PROJECTS
PRODUCTS AND SERVICES
KNOWLEDGE
SECTORS AND THEMES
Youngmin Baek
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Achieving high productivity enables firms to participate in global value chains (GVCs), and their participation in GVCs in turn increases their productivity.
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High labor productivity, a large firm size, foreign ownership, and high technological capability are important for a firm to participate in global value chains.