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ASIAN DEVELOPMENT BANK (ADB)

Statistics Directorate    
Definition:
The Asian Development Bank (ADB), a multilateral development finance institution, was founded in 1966 by 31 member governments to promote the social and economic progress of the Asian and Pacific region. Over the past 31 years, the Bank’s membership has grown to 57, of which 41 are from the region and 16 from outside the region.

Context:
The Bank’s principal functions are:

(a) to extend loans and equity investments for the economic and social development of its developing member countries (DMCs);

(b) to provide technical assistance for the preparation and execution of development projects and programmes, and for advisory services;

(c) to promote and facilitate investment of public and private capital for development purposes; and

(d) to respond to requests for assistance in co-ordinating development policies and plans of its DMCs.

Source Publication:
Key Indicators of the Labour Market (KILM): 2001-2002, International Labour Organisation, Geneva, 2002 – Appendix F. Glossary of Organisations.

Hyperlink:
http://www.adb.org

Statistical Theme: Labour statistics

Created on Friday, August 09, 2002

Last updated on Friday, February 28, 2003