PowerPoint Presentation Economic Growth and development in Southeast Asia

Other multilateral donors…

• Some of the regional banks have a strong development focus i.e. AfDB, ADB, IADB
• Also new Asian Infrastructure Development Bank (China)
• These operate in a similar way to the World Bank but with regional focus
• Provide concessional and non-concessional financing to countries in their region of focus, through regional contributions/share-holders
• ADB is largest (in terms of lending)
• Set up in 1966, membership limited to UNESCAP countries
• Currently 67 member countries
• Japan has largest voting share, president is always Japanese
• Aid also provided by other agencies, for example the EU, OPEC fund, and Islamic Development Bank