Annual Report for ...


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ADB Review


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Resurging Asian Giants


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The economies of the People's Republic of China and India have seen dramatic growth in recent years. As their respective successes continue to reshape the world's economic landscape, noted Chinese and Indian scholars have studied the two countries' development paths, in particular their rich and diverse experiences in such areas as education, information technology, local entrepreneurship, capital markets, macroeconomic management, foreign direct investment, and state-owned enterprise reforms. Drawing on these studies, ADB has produced a timely collection of lessons learned that serves as a valuable refresher on the challenges and opportunities ahead for developing economies, especially those in Asia and the Pacific.




Daily Report


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Road Funds and Road Maintenance


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Singling out roads as an important factor in economic development, this report presents the findings of a regional technical assistance inquiry carried out to examine the problem of road funding in Asia with the aim of proposing case-specific solutions. Particular attention is paid to the data collected during road assessments performed in the Kyrgyz Republic, Pakistan, Uzbekistan, and Vietnam. Also discussed are a number of possible strategies for combating road-maintenance neglect across Asia.




ADB Quarterly Review


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Toward an Environmentally Sustainable Future


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This publication presents the results of a 2-year effort to update environmental assessment in the People's Republic of China (PRC). The research was a collaborative effort involving the Asian Development Bank (ADB), the Ministry of Environmental Protection, the National Development and Reform Commission, and numerous other technical and research institutions in the PRC. Based on this research and extensive consultations, ADB proposes a wide range of programs and policies that will help improve environmental quality despite new and emerging sources of pollution and challenges to natural resources management. Inclusive growth and a green economy are the government's guiding principles for its development agenda under the 12th Five-Year Plan and beyond to 2020. To support these principles, the PRC needs to restructure its economic and fiscal systems to reflect environmental externality, expand the use of market-based instruments to control pollution, and introduce and implement legal reforms to clarify responsibility and promote cooperation.