The politics of who gets what
Article Abstract:
The Asian Development Bank (ADB), because of the composition of its shareholders, is always caught between conflicting interests. Its decision on who and how much a borrower nation gets is dependent not on the financial credibility of the country but on the political whim of the majority shareholders. The ADB's stand is to help Asian countries first since they are its reason for being.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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Who pays for the roads?
Article Abstract:
The Asian Development Bank (ADB) is inclined to support the public sector by granting loans for infrastructure projects rather than financing private sector undertakings in borrower countries. The rationale behind ADB's policy is that the development of an economy is based upon its support structures for private sector investment.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
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