Philip Bowring

The race to stay relevant

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June 2007

The Asian Development Bank is looking for ways to develop from lender into all-round regional facilitator

At 40 years of age, the Asian Development Bank (ADB) is at a turning point in its history. It must either reorientate its focus and broaden its base, particularly to give more influence to China and India, or gradually lose its relevance.

But at least the Manila-based institution has been prepared to ask some hard questions of itself.

These have come in the shape of a report by an Eminent Persons Group led by former WTO head Supachai Panitchpakdi and including former US Treasury ...

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