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    A Graduation Policy for the Bank's DMCs

    Asian Development Bank | November 1998
    Abstract
    Since 1977, the Bank has had a three-tier classification system that forms the basis for determining the eligibility of its developing member countries (DMCs) to borrow from the Asian Development Fund (ADF) and for applicable limits on Bank financing of project costs. DMCs are classified into three groups based on two criteria: (i) per capita gross national product (GNP); and (ii) debt repayment capacity. Group A DMCs are fully eligible for ADF, Group B DMCs (“blend” economies) are eligible for limited amounts of ADF in particular circumstances, and Group C DMCs are not eligible for ADF financing. While per capita GNP has been identified as a criterion, Bank policy is that cutoff points for the various groups should not be rigid. Also, the debt repayment capacity criterion is assessed in a qualitative way. Classification is determined at the time of entry. No borrowing country has been formally graduated from one group to the next to date. Further, no DMC has been formally graduated from Bank assistance, because the current policy does not envisage a stage beyond Group C.
    Citation
    Asian Development Bank. 1998. A Graduation Policy for the Bank's DMCs. © Asian Development Bank. http://hdl.handle.net/11540/6083.
    Keywords
    Asian Development Bank
    Development
    Sustainable Development
    Urban Area
    Urban Areas
    Urban Population
    Urbanization
    Urban Services
    Urban Projects
    Urban Problems
    Urban Poverty
    Urban Policy
    Urban Planning
    Urban Infrastructure
    Urban Health
    Urban Government
    Urban Economic Development
    Urban Development Finance
    Urban Development
    Urban Conditions
    Urban Communities
    Urban Population
    Economic development
    Cities
    Sustainable growth
    Economic development
    Urban Plans
    Urbanism
    Urban agriculture
    Rural Urban Migration
    Cities
    Investment
    Sustainable development
    Local government
    Urban renewal
    Urban housing
    Urban sociology
    Transit systems
    Rapid transit
    Public transit
    Mass transit
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    Citable URI
    http://hdl.handle.net/11540/6083
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    Author
    Asian Development Bank
    Theme
    Development
    Urban
    Labor Migration
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise