A Comparison with the African Development Bank, the Asian Development Bank and the European Union

Author(s):  
Marie von Engelhardt
2019 ◽  
pp. 151-157
Author(s):  
S. S. Matveevskii

The existence of a system for assessing the activities of development banks is a necessary condition for a significant contribution of banks to economic development. The article deals with the experience of evaluating the effectiveness of projects and activities of development banks on the examples of the German development Bank, the Asian development Bank and the African development Bank. It has been revealed, that development banks for the evaluation of projects, their activities apply financial and socio-economic indicators, which are used to improve the work of development banks. The basic requirements for the evaluation of projects and activities of development banks have been formulated. The practical experience of the German development Bank, the Asian development Bank and the African development Bank can be used by Vnesheconombank, which is confirmed by scientific studies of Russian authors.


1981 ◽  
Vol 35 (2) ◽  
pp. 303-328 ◽  
Author(s):  
Stephen D. Krasner

This paper examines the experience of developing countries in the three major regional financial institutions, the Inter-American, Asian, and African Development Banks. In the Inter-American Development Bank, members from developing countries have secured both influence and resources; in the Asian Development Bank they have secured resources but little influence; in the African Development Bank they have influence but limited resources. This variation can be explained by the different issue area power structures within which the banks function. The Inter-American Development Bank has functioned within a hegemonic structure. The dominant power, the United States, pursued long-term political objectives and accepted considerable autonomy for developing countries within the Bank. The Asian Development Bank has functioned within a bipolar structure with Japan playing an increasingly important role. As a normal power, Japan has pursued tangible economic interests and has constrained the behavior of the Asian Development Bank. Until the late 1970s the African Development Bank functioned in a multipolar structure that largely excluded nonregional countries. This exclusion made it impossible to generate substantial resources. Experience in the regional development banks suggests that a hegemonic structure can offer weaker states both resources and influence provided that the milieu goals of the dominant power are not violated.


2020 ◽  
Author(s):  
Jesus Felipe ◽  
Scott Fullwiler ◽  
Donna Faye Bajaro ◽  
Al-Habbyel Yusoph ◽  
Simon Alec Askin ◽  
...  

This paper analyzes the packages implemented by the 68 members of the Asian Development Bank (ADB), plus the European Central Bank and the European Union, to combat the coronavirus disease (COVID-19) pandemic. Using the ADB COVID-19 Policy Database, the paper (i) provides a detailed account of the measures taken and the amounts announced between 20 April and 15 June; (ii) discusses the specifics of five Asian economies by comparing their financial packages qualitatively and quantitatively; and (iii) includes a statistical analysis to understand what determines the size of a package, which allows comparison between actual and estimated packages, given the correlates.


1975 ◽  
Vol 14 (1) ◽  
pp. 149-152
Author(s):  
M.A. Behzad

Development Financing under Constraints, as the author himself puts it, is 'aimed to recapitulate the spirit in which the African Development Bank was founded, describe how it later functioned and why it functioned the way it did'. The study is an excellent attempt to highlight economic cooperation and integ¬ration and to discuss its rationale in view of the given constraints. The main idea behind the establishment of an institution, like the African Develop¬ment Bank (ADB), was necessarily an 'all-African Investment Bank' to promote development projects. The newly independent nations of Africa, lacking as they are in the basic infrastructure, are beset with difficulties in surviving as economically viable units. As such, the need for a pooling of resources and for technical know-how is particularly imperative


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