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PART 1
(effect) VO: The Asian development Bank or
ADB is a financial institute operating
since 1966. As an institution, it
possesses full juridical personality
and, in particular, full capacity to
contract; to acquire, and dispose of,
immovable and movable property;
and to institute legal proceedings.
VO: Its vision is to free Asia and
Pacific from poverty.

Its mission is to help its developing


member countries reduce poverty
and improve the quality of life of their
people.

Map of asia

poverty

Pictures of working class VO: ADB’s main objectives focus on


the following:
To support poverty reduction and
employment generation efforts
specially in rural areas, and more
equitable distribution of the benefits
of development.
To promote “balanced regional
development” as a means of
narrowing the wide disparities of
income and quality of life among
different regions.
VO: Its functions range from
promotion of investments to its
member countries to cooperation
with the United Nations

Investment

resources

infastructure
technical assistance

United nations
PART2
Timeline (pan left to right) VO: Through the years, ADB’s
extension of assistance has shifted
1960 – food production, rural development from food production, energy
(pics) projects, social infrastructure,
regional cooperation and health
projects.
1970 – energy projects (pics)
1980 – social infrastructure (pics)
1990 – regional cooperation (pics)
21st century – health (pics)
PART3
Organizational Set-up VO: The organizational structure
(effects) observed by the Asian Development
Bank in the Philippines is exactly the
same as what has been used in other
neighboring Asian countries of the
Philippines. Basically, its
organizational set-up has been
classified not like as the other
ordinary set-ups wherein it is based
on functions (e.g. Operations Dept.,
Human Resource) but it is focused on
the SPECIFIC PURPOSE. The
objectives and mission of ADB has
been held manifest through the
structuring of the organizational set-
up. As what we can see, it has been
further divided into poverty group,
environment, agriculture etc.

Member countries VO: From 31 member countries at its


(pics of intl costumes) establishment in 1966, ADB has
grown to encompass 67 members – of
Afghanistan, Armenia ,Australia, which 48 are within Asia and the
Austria, Azerbaijan, Bangladesh, Pacific and 19 outside. Georgia is the
Belgium, Bhutan, Brunei Darussalam, 67th and newest member, having
Cambodia, Canada, People's Republic joined ADB effective February 2,
of China, Cook Islands, Denmark 2007.
Republic of the Fiji Islands, Finland,
France, Georgia, Germany, Hong ADB and its members enjoy privileges
Kong, China, India, Indonesia, Ireland, such as Freedom of Assets from
Italy, Japan, Kazakhstan, Kiribati restrictions
Republic of Korea, Kyrgyz Republic, Privilege for communication
Lao People's Democratic Republic, Immunities and Privileges of Bank
Luxembourg, Malaysia, Maldives, personnel
Marshall Islands, Federated States of Exemption from Taxation
Micronesia, Mongolia, The Union of And Immunities from Judicial
Mynmar, Republic of Nauru, Nepal, Proceedings, Assets and Archives.
The Netherlands, New Zealand,
Norway, Pakistan, Palau, Papua New
Guinea, Republic of Portugal, Samoa,
Singapore, Solomon Islands, Spain, Sri
Lanka, Sweden, Switzerland,
Taipei,China, Tajikistan, Thailand Inset: Ay! Kajoin ba ang Pilipinas
Timor-Leste, The Democratic Republic diyan???
of Tonga, Turkey, Turkmenistan,
Tuvalu, United Kingdom, United VO: Philippines is the founding
States, Uzbekistan, Vanuatu, Viet Nam member of ADB.
and Philippines

(end focus on Philippines)

Refer to flags.zip

PART4
Present Status: Strategy 2020 VO: At present, ADB promises to
transform itself to attend better to its
News clippings objectives. Recently, it launched its
Flash scanned news articles… Strategy 2020: The Long-Term
Focus on articles: (1) Philippines third- Strategic Framework of the Asian
largest borrower and (2) ADB approves 500 Development Bank 2008-2020. Under
million loan… please type highlighted Strategy 2020, ADB will transform
contents. itself to meet the challenges, while
remaining dedicated to reducing
poverty—its overarching goal since
1999. ADB’s corporate vision under
Strategy 2020 will continue to be “An
Asia and Pacific Free of Poverty”, and
its mission will be to help its DMCs
reduce poverty and improve living
conditions and quality of life.

ADB will focus on five drivers of


change: (i) private sector
development and private sector
operations, (ii) good governance and
capacity development, (iii) gender
equity, (iv) knowledge solutions, and
(v) partnerships.

ADB will also refocus its operations


into five core specializations that best
support its agenda, reflect DMCs’
needs and ADB’s comparative
strengths, and complement efforts by
development partners: (i)
infrastructure; (ii) environment,
including climate change; (iii)
regional cooperation and integration;
(iv) financial sector development; and
(v) education. In other areas, ADB will
continue operations only selectively
in close partnership with other
agencies.

As to Philippines’ relationship with the


ADB,
last August 25, 2009, the Philippines’
application for a $500-million loan
from the Asian Development Bank
has been approved and the funds are
expected to be released next month.
The loan was said to be critical for the
Philippine government to stimulate
the economic recovery, protect its
social spending and poverty
reduction programs, and continue
with its long-term development
objectives in 2009.

Accordingly, as of April 22, 2010,


Manila Times reported that the
Philippine government was the third
largest recipient of loan assistance
among Southeast Asian countries
from the Asian Development Bank
(ADB) last year to counter the global
economic crisis.
PART5
Impact (effects) Homes for the working classes
ADB’s $30-million concessional loan,
Pros: (refer to impact stories.ppt) coursed through the Development Bank
of the Philippines, helped the
communities of Cavite to build homes for
factory workers. The said loan helped the
realization of the ambitious Pamayanang
Maliksi Cavite Mass Housing Project.
Cavite’s first such housing project, it
broke ground in March 2008 on 53
hectares in General Trias. The project
targeted to provide 4,834 low-cost
housing units to the workers.
offer 4,834 low-cost housing units

Electricity to far-flung provinces


ADB also supported energy projects
of the Philippine government. Among
these energy projects is the Philippine
Energy Efficiency Project (PEEP) in Cebu
City. Under the $46.5-million project, the
government is offering 13 million energy-
efficient compact fluorescent lamps
(CFLs) to replace traditional incandescent
bulbs in Cebu City and throughout the
country, setting aside
$18 million for bulb replacement.

Funded in part by a $31-million ADB


concessional loan, the project will
defer
investments of some $450 million in
new power plant construction. It will
also save about $100 million annually
in fuel costs and avoid 300,000 tons
of carbon dioxide emissions annually
by reducing power generation. With
the said project, the chances of
brownouts are getting slimmer, said
energy undersecretary Roy Kyamko.

Farm to market roads


ADB had also helped promising but
cash-poor agricultural ventures
across the Philippines through its
agricultural projects which provided
funds for equipment, transport
networks, and other facilities, helping
poor farmers scale up their incomes.
More concretely, ADb supported the
Agrarian
Reform Communities Project (ARCP)
implemented by the government’s
Department of Agrarian Reform, and
providing about P500,000 ($10,752)
worth of equipment for milk collection,
quality
control, beef management, and training.
The nationwide ARCP—to which ADB
contributed a $93.2-million loan out of a
total project cost of $168.9 million in
1998—benefited nearly 30,000 rural
households or 140 agrarian reform
communities in almost 1,000 poverty-
stricken villages.

Renovation of Roads
ADB also extended its help in the realm
of infrastructure. ADB’s North Luzon
Expressway Rehabilitation and Expansion
Project helped renovate an 83.7-
kilometer section of the road and build or
rehabilitate 14 interchanges, 24 bridges,
and 31 overpasses from Manila to the
Clark Special Economic Zone in
Pampanga province. The government and
ADB, the lead financing agency, worked
together to assemble a $378-million loan
package, provided primarily
by the private sector. ADB provided a
loan of $45 million and coordinated a
loan of $25 million by a group of
international commercial banks. For users
of the highway, the impact has been
dramatic. The road used to be a heavily
potholed, two-lane thoroughfare where
overloaded trucks, speeding buses, and
private vehicles dangerously competed
for space. Today, it is a safe, smooth
tollway with good lighting, modern
signage, and vigorous enforcement of
traffic laws.

Cons:
Asia’s Deceptive Bank

This should what the letters ADB


should stand for, and not Asian
Development Bank.

While it boasts of its incredibly


humane vision and its philanthropic
mission, the financial institution has
in fact worsened the wound it intends
to heal. As an organization primarily
organized and controlled by the
United States and its chowchow
Japan, it is epically influencing if not
completely manipulating the
economies of Asian countries.
It can be said that ADB’s general
declarations are truisms for
developing countries like the
Philippines. They are mere
motherhood statements.

What ADB does is promote


privatization and private sector
participation in the provision of
formerly government provided goods
and services. Driven by a profit-
motive, ADB sponsored projects have
caused environmental degradation,
flooding, displacement and loss of
assets and livelihoods - in short,
greater poverty - for thousands in
marginalized Asian communities.

Strategy 2020 states that ADB will


“distribute knowledge in ways that
have both an immediate impact and
catalytic force—for example, the
knowledge of how a DMC can
approach public–private partnerships
to provide social services and to
achieve benefits for the poor…” Thus,
ADB’s conception of what constitutes
good governance and capacity
building is geared towards the
promotion of market institutions and
practices that will facilitate, enable
and favor private over public
investment even in the provision of
goods and services that responsible
governments owe to their
constituencies.

Many Asian economies lack the fiscal


resources to provide these services
but ADB aggravates this lack of fiscal
capacity by aggravating the debt
burdens of developing Asia without
producing meaningful development
results.

In fine, The Asian Development


Bank is not a genuine
development actor, it is a profit
enabling and a profit taking
institution!

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