ADB and the ‘Development through Empowerment’ delusion
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.