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The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, [3] which is headquartered in 6 ADB Avenue, Mandaluyong, Metro Manila 1550, Philippines. [4] The bank also maintains 31 field offices around the world [ 5 ] to promote social and economic development in Asia.
The Asian Development Outlook is an annual publication (available online and in print) produced by the Asian Development Bank (ADB). It offers economic analysis and forecasts, as well as an examination of social development issues, for most countries in Asia. [ 1 ]
The Central Asia Regional Economic Cooperation (CAREC) Program is a program established in 1997 by the Asian Development Bank (ADB) to encourage economic cooperation among countries in Central Asia and nearby parts of Transcaucasia and South Asia.
GOI has selected the Asian Development Bank (ADB) as the lead partner for developing the ECEC, which will run from Kolkata to Kanyakumari, encompassing the four states of Andhra Pradesh, Tamil Nadu, Odisha, and West Bengal. Due to its vast scope, ECEC is being implemented in a phased manner, with VCIC as the first phase.
According to the ADB, the Philippines has heavily relied on the ADB for development assistance, borrowing a total of $19.3 billion in the last decade. [ 2 ] [ failed verification ] The Philippines has been commended by the ADB for being a fast-growing economy despite increasing inflation and a plummeting global economy . [ 3 ]
The ADBI is on the eighth floor of the Kasumigaseki Building in Tokyo.. The Asian Development Bank Institute (ADBI) is an Asian think tank focused on identifying effective development strategies for Asia and the Pacific, and on providing support to ADB member countries in managing development challenges.
The World Bank, IMF, and Asian Development bank have all cooperated with the AIIB as a compliment to the Bretton Woods institutions and which further increases overall capacity for development funds. [83] Economist C. Fred Bergsten describes the AIIB as "helping meet a clear need for more infrastructure funding throughout Asia (and elsewhere)."
The World Vegetable Center was founded as the Asian Vegetable Research and Development Center (AVRDC) in 1971 by the Asian Development Bank, Taiwan, South Korea, Japan, the Philippines, Thailand, the United States and South Vietnam. The main campus was opened in 1973. In 2008 the center was rebranded as the World Vegetable Center. [4]