Munich Personal RePEc Archive

Asian development bank: can it become an actual development bank?

Khan, Haider A. (2012): Asian development bank: can it become an actual development bank?

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Abstract

The Asian Development Bank(ADB) was founded in the mid-sixties. In addition to the Asian countries, it also has members from among the wealthy countries in North America, Europe and Oceania. Over the years, ADB has grown in size and prestige among the regional development banks. As Khan (2004, 2007 and 2012) argues, within a hybrid workable global financial architecture, regional development banks like the ADB can play a constructive role.

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