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Multilateral Development Banks: European Bank for Reconstruction and Development, Asian Development Bank, World Bank Group

Multilateral Development Banks: European Bank for Reconstruction and Development, Asian Development Bank, World Bank Group


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About the Book

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 26. Chapters: European Bank for Reconstruction and Development, Asian Development Bank, World Bank Group, African Development Bank, Inter-American Development Bank, Central American Integration System, Bank of the South, Nordic Investment Bank, PTA Bank, Corporacion Andina de Fomento, East African Development Bank, Accion International, West African Development Bank, Millennium Science Initiative, Islamic Development Bank, Caribbean Development Bank, Council of Europe Development Bank, Multilateral Investment Fund, Multilateral development bank, Waleed Ahmad J. Addas, IDB Miami 2008 Host Committee, African Export-Import Bank, Low-Income Countries Under Stress. Excerpt: The Asian Development Bank (ADB) is a regional development bank established on 22 August 1966 to facilitate economic development of countries in Asia. The bank admits the members of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP, formerly known as the United Nations Economic Commission for Asia and the Far East) and non-regional developed countries. From 31 members at its establishment, ADB now has 67 members - of which 48 are from within Asia and the Pacific and 19 outside. ADB was modeled closely on the World Bank, and has a similar weighted voting system where votes are distributed in proportion with member's capital subscriptions. At present, both the United States and Japan hold 552,210 shares, the largest proportion of shares at 12.756% each.. China holds 228,000 shares (6.429 %), India holds 224,010 shares (6.317 %), the 2nd and 3rd largest proportion of shares respectively. ADB Headquarters, Metro ManilaThe highest policy-making body of the bank is the Board of Governors composed of one representative from each member state. The Board of Governors, in turn, elect among themselves the 12 members of the Board of Directors ...


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Product Details
  • ISBN-13: 9781155230191
  • Publisher: Books LLC, Wiki Series
  • Publisher Imprint: Books LLC, Wiki Series
  • Height: 246 mm
  • No of Pages: 28
  • Spine Width: 2 mm
  • Weight: 68 gr
  • ISBN-10: 1155230191
  • Publisher Date: 15 Aug 2011
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Sub Title: European Bank for Reconstruction and Development, Asian Development Bank, World Bank Group
  • Width: 189 mm


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