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    Asian Development Bank and Korea: Fact Sheet

    Asian Development Bank | June 2006
    Abstract
    Updated yearly, this ADB Fact Sheet provides information on Republic of Korea's contributions to ADB in terms of capital subscription and funding, the country’s delegates to ADB, and the involvement of Korean companies and consultants in ADB projects. The Asian Development Bank (ADB) is dedicated to reducing poverty in the Asia and Pacific region through pro-poor sustainable economic growth, social development, and good governance. Established in 1966, it is owned by 66 member nations—47 from the region—who have committed $116 billion to the vision of a region free of poverty. The Republic of Korea is the eighth largest shareholder. It has contributed $2.55 billion in capital subscription and $291.33 million to special funds since joining in 1966. Despite many successes, the region is still home to two thirds of the world’s poor: nearly 1.9 billion people who live on $2 a day or less, with 620 million struggling on less than $1 a day. Companies and consultants from the Republic of Korea have been awarded $4.1 billion in procurement contracts on ADB-financed projects since 1967.
    Citation
    Asian Development Bank. 2006. Asian Development Bank and Korea: Fact Sheet. © Asian Development Bank. http://hdl.handle.net/11540/5944.
    Keywords
    Industry
    Development Economics
    Economic Models
    Organization for Economic Cooperation and Development
    Securities
    Mines
    Competition
    Industrial competition
    Unfair competition
    Monopolies
    Competition policy
    Development cooperation
    Economic discrimination
    Industrial Development
    Financial Services Industry
    Industrial Sector
    Competition
    Comparative economics
    Communication in economic development
    Industrialization
    Monopoly
    Barriers to entry
    Monopolistic competition
    Restraint of trade
    Price discrimination
    Imperfect competition
    Press monopoly
    Diversification in industry
    Unfair competition
    Investment banking
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    Citable URI
    http://hdl.handle.net/11540/5944
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    Author
    Asian Development Bank
    Theme
    Economics
    Industry
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise