Subproject 1: Economic Diagnostic Studies in Asia and the Pacific (ADB-46186-008)

Regions
  • East Asia and Pacific
  • South Asia
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Oct 26, 2021
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 2.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 17, 2023

Disclosed by Bank Oct 26, 2021

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to Asian Development Bank documents, the proposed project is a TA (Subproject 1) that  will support the preparation of economic diagnostic studies to assist developing member countries (DMCs) enhance national development plans and strategies for achieving sustained and inclusive growth. The diagnostic studies will utilize the latest tools, methodologies, and data to help identify macroeconomic, sector, and thematic constraints to growth and inclusion; and recommend policy actions for relaxing these constraints, paying careful attention to the costs and benefits of alternative interventions. It will also support capacity building for DMCs to undertake an economic diagnostic approach toward development planning.

PROJECT RATIONALE AND LINKAGE TO COUNTRY/REGIONAL STRATEGY

A number of ADB DMCs continue to lack the analytical and planning capacity to undertake high-quality diagnostic analysis. The conduct of diagnostic studies will help low- and middle-income ADB DMCs to identify the most pressing challenges and focus their limited resources toward addressing these to achieve high and inclusive sustainable growth. The studies will be aligned directly or indirectly with the priorities identified under Strategy 2030. The studies will undertake analyses in priority areas that can deliver useful inputs to help prepare national development plans; sector and thematic development strategies; and ADB interventions, including country partnership strategy (CPS) documents. Through this, ADB is enhancing its role as a knowledge provider by developing knowledge that is tailored to local contexts and helping replicate lessons and good practices across the region to help achieve the Sustainable Development Goals.

IMPACT

Critical constraints to ADB's DMCs' inclusive and sustainable economic growth addressed.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
Responsible ADB Officer Cham, Maria Rowena M.
Responsible ADB Department Economic Research and Regional Cooperation Department
Responsible ADB Division Economic Analysis and Operations Support Division
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.adb.org/forms/request-information-form

ADB has a two-stage appeals process for requesters who believe that ADB has denied their request for information in violation of its Access to Information Policy. You can learn more about filing an appeal at: https://www.adb.org/site/disclosure/appeals

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main.

How it works

How it works