Contents with tag: ADB
The ADB's draft Strategy 2030 continues to push for the expansion of private sector role in the development agenda.
Asia has achieved remarkable economic growth, but is leaving hundreds of millions still mired in poverty, thus causing a widening gap between rich and poor and undermining the basis of growth itself. The Asian Development Bank is moving to address this worsening poverty and inequality through its core agenda "Development through Empowerment." Underlying this agenda, however, remains the ADB's market fundamentalism and a spin on "good governance" that remains anchored on private sector dominance, and which perpetuates the same policy imperatives that violate the basic human rights of poor people in the region.
Last August, ADB released its 2012 Key Indicators for Asia and the Pacific with a special chapter on Green Urbanization. In this report, ADB exalts Asia-Pacific’s fast-paced urbanization as compared to other world regions. The report says that, in less than a century, 51% of the region has already been urbanized. This commentary, first posted on the Water for the People Network (W4PN) website, shows that the ADB's celebratory tone about urban progress does not, so to speak, hold water.
On the last day of the 45th Annual Governors Meeting of the Asian Development Bank (ADB) in Manila, civil society organizations met with the Bank’s staff to discuss about the new accountability mechanism.