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    Promoting Good Governance: ADB's Medium-Term Agenda and Action Plan

    Asian Development Bank | October 2000
    Abstract
    The Asian Development Bank (ADB) has learned through decades of experience that sustainable development depends on the quality of decisions made toward development and reform, and, equally, on the manner in which these decisions are taken and carried out. In October 1995, ADB members reached a consensus to apply this fundamental lesson in a more systematic way in ADB’s overall operations. Thus, ADB became the first multilateral development bank to have a board-approved policy on governance. The governance policy became the basic building block for a cluster of good governance policies, which now includes policies on procurement, law and policy reform, participation of civil society, and anticorruption. Good governance has since also been established as one of the three pillars of ADB’s Poverty Reduction Strategy. Without good governance, efforts at reducing poverty will not be effective. Therefore, ADB will introduce a performance-based allocation system, with particular emphasis on good governance, that enables ADB to effectively direct scarce Asian Development Fund (ADF) funds to countries in which they will have the greatest impact. With these additions, policy development in this field is now nearly complete, and ADB’s cluster of good governance policies provides a sound basis for addressing most of the governance problems confronting ADB’s developing member countries (DMCs). ADB will, of course, continue to review and, if needed, revise this policy cluster periodically based on experience.
    Citation
    Asian Development Bank. 2000. Promoting Good Governance: ADB's Medium-Term Agenda and Action Plan. © Asian Development Bank. http://hdl.handle.net/11540/3554. License: CC BY 3.0 IGO.
    Keywords
    Governance
    Good Governance
    Governance Approach
    Governance Capacity
    Governance Models
    Governance Quality
    Regional Policy
    Regional Perspectives
    Regional Government
    Regional Development
    Business Management
    Institutional
    Framework
    Business Ethics
    Regional Plans
    Project finance
    Development Bank
    Bureaucracy
    Cabinet system
    Common good
    Executive power
    Government
    Separation of powers
    Transparency in government
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    Citable URI
    http://hdl.handle.net/11540/3554
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    Author
    Asian Development Bank
    Theme
    Governance
    Regional
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise