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.
Ronald Antonio Butiong
Ronnie provides relevant technical advice to ADB’s regional cooperation and integration operations. He develops and maintains thematic policies, strategies, operational plans, and directional papers to guide bankwide regional cooperation and integration work, and ensures alignment with ADB’s Strategy 2030.
Ronnie has over 25 years of experience in working on various regional cooperation initiatives, including the Central Asia Regional Economic Cooperation program, the Greater Mekong Subregion Economic Cooperation program, and the South Asia Subregional Economic Cooperation Program.
Author
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Purchasing Power Parity in Asian developing Countries: A Co-Integration Test
Results show that there is strong evidence that purchasing power parity holds as a long-run constraint in countries at a lower stage of economic developments and characterized by underdeveloped capital market.
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The Need for Fiscal Consolidation in Nepal: The Results of a Simulation
Negotiations for a three-year (1992/93-1994/85) economic program of structural adjustment under an Enhanced Structural Adjustment Facility has been concluded recently by Nepal with the International Monetary Fund. Using a small structural macroeconomic model of Nepal, the paper shows that slippages in the government's fiscal program, specifically shortfall in revenue targets, imply detrimental effects on the economy in the form of lower growth and/or higher inflation and external imbalances.