Improving professional expertise: key to enhancing the Asian Development Bank's development effectiveness

Cedric Saldanha

Chapter 4 in The Elgar Companion to the Asian Development Bank, 2024, pp 33-42 from Edward Elgar Publishing

Abstract: The core mission of development is to facilitate change within developing counties that leads to robust, transparent, efficient, and self-sustaining public institutions for policymaking, economic and fiscal management, service delivery, and the maintenance of law and order. The development process assists governments work with stakeholders, the private sector, and non-government partners to promote economic growth, social cohesion, and participation in a productive economy. It is a complex and protracted process that requires the input of various disciplines. While the ADB was intended to address these dimensions of development, it has not evolved in design, management, or staffing to meet this complex challenge effectively. It is still primarily designed and managed as a financial intermediary to assist fiscally distressed countries and to facilitate their infrastructure development. Its policy support and good governance programs need significant changes to have a significant impact in emerging Asia and the Pacific

Keywords: Asian Studies; Development Studies; Economics and Finance; Law - Academic; Politics and Public Policy (search for similar items in EconPapers)
Date: 2024
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