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.
Shikha Jha
Author
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Remittances in Asia: Implications for the Fight against Poverty and the Pursuit of Economic Growth
This paper examines the potential role of remittances for promoting economic growth and reducing poverty in Asia using data for more than 20 countries in the region for 1988–2007.
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Remittances and Household Welfare: A Case Study of Bangladesh
Remittances may help Bangladesh in reducing poverty, but not enough to rebalance growth and generate human capital to achieve the Millennium Development Goals.
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Saving in Asia and Issues for Rebalancing Growth
This paper notes that as high-growth economies in Asia saved heavily, they helped to finance rapidly growing current account deficits of industrial economies.
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Macroeconomic Uncertainties, Oil Subsidies, and Fiscal Sustainability in Asia
Asian governments curtailed world price transmission to domestic markets to shield consumers from rising global oil prices in 2008. Countries with fiscal surpluses would be in a better fiscal position to respond to steep rises in oil prices.
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Effectiveness of Public Spending: The Case of Rice Subsidies in the Philippines
This paper investigates the targeting and cost effectiveness of the Philippine rice subsidy program in view of the recent escalation in rice import cost.
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The US Financial Crisis, Global Financial Turmoil, and Developing Asia: Is the Era of High Growth at an End?
The global economy is threatened with a deep and prolonged recession as a consequence of the financial meltdown that began with the housing price crisis in the United States. The financial implications of the global macroeconomic imbalances that have persisted and enabled the housing bubble to develop with the spread of toxic mortgage-backed securities first became apparent in September and October 2008 with the collapse of major investment banks and mortgage loan institutions, and the credit freeze and the panic that ensued in global equity markets.