Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
Asian Development Bank
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
===1970sβ1980s=== In the 1970s, ADB's assistance to developing countries in Asia expanded into education and health, and then to infrastructure and industry. The gradual emergence of Asian economies in the latter part of the decade spurred demand for better infrastructure to support economic growth. ADB focused on improving roads and providing electricity. When the world suffered its first [[price of oil|oil price]] shock, ADB shifted more of its assistance to support energy projects, especially those promoting the development of domestic energy sources in member countries.<ref name="admin" /> Following considerable pressure from the Reagan Administration in the 1980s, ADB reluctantly began working with the private sector in an attempt to increase the impact of its development assistance to poor countries in Asia and the Pacific. In the wake of the second oil crisis, ADB expanded its assistance to energy projects. In 1982, ADB opened its first field office, in [[Bangladesh]], and later in the decade, it expanded its work with non-government organizations (NGOs).<ref name="admin" /> Japanese presidents Inoue Shiro (1972β76) and Yoshida Taroichi (1976β81) took the spotlight in the 1970s. Fujioka Masao, the fourth president (1981β90), adopted an assertive leadership style, launching an ambitious plan to expand the ADB into a high-impact development agency. On 18 November 1972, the Bank inaugurated its headquarters along [[Roxas Boulevard]] in [[Pasay City]], Philippines. On 31 May 1991, ADB moved its offices to [[Ortigas Center]] in [[Pasig City]], with the [[Department of Foreign Affairs (Philippines)]] taking over its old Pasay premises.
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)