Asian Development Bank and its Impact on Improving Security in the Asia-Pacific Region
Asian Development Bank and its Impact on Improving Security in the Asia-Pacific Region

Summary/Abstract: The multifaceted heterogeneity of the countries of Asia-Pacific as well as strong ties with economies worldwide constitute a considerable source of threats to security, in particular, from the economic and ecological perspective, and, at the same time, are a challenge for individual countries, as well as international organizations. Therefore, all activities undertaken to mitigate potential threats are becoming critical. In this context, the key role is played by international organizations functioning in the region. Among them, one that merits particular attention is the Asian Development Bank (ADB), which constitutes the premier forum that caters for undertaking joint efforts and harmonizing cooperation among the countries in the region. Initiatives financed by ADB focus on such issues as infrastructure, reinforcing regional economic cooperation, preservation of the natural environment and ensuring food security. Through implementation of numerous projects (e.g. Strategy 2030), activities of this organization greatly contribute to improving the regional security. ADB provides added value to processes strengthening the stability of the region, which, owing to its significance, may also have a positive impact on the entire world economy

• Details
• Contents