ADB Launches its 50-Year History Book

The Asian Development Bank (ADB) launched this morning a History Book Banking on the Future of Asia and the Pacific: 50 Years of the Asian Development Bank, at its 50th Annual Meeting of the Board of Governors in Yokohama, Japan.

According to a press release AKP received this morning, this book details the ADB's activities from its origin in 1966, decade by decade to the present day. It also illustrates the genesis of ADB regarding different proposals from across Asia and the Pacific, preparatory meetings in Bangkok, Manila and other cities, and collaboration of people within and outside the region to discuss the Charter, membership, and location of the Headquarters.

The book is authored by Mr. Peter McCawley, an academic from the Australian National University, a former Executive Director of ADB and former Dean of the ADB Institute. He was supported by the intensive work of a team of ADB staff, and benefited from comments and inputs of numerous people, including former ADB personnel.

The book aims to review how ADB over 50 years has responded to Asia's challenges given its unique regional perspective. It provides an objective and comprehensive account of ADB's 50 years through three historical narratives�Asia's economic development, the evolution of the international development agenda, and the story of ADB itself.

The unique character of this book is to discuss Asia's economic history, from the perspective of development and based on the rich experience of ADB's interaction with countries, ADB President H.E. Takehiko Nakao said.

Based in Manila, ADB was established in 1966 with 31 member states and has grown to encompass 67 members�of which 48 are from within Asia and the Pacific and 19 outside. Cambodia became one of the member states since 1966.

Source: Agency Kampuchea Press