The bank document stated that the proposed subproject, the third of the three, is part of the cluster regional research and development technical assistance that will support the preparation of the flagship publication the Asian Development Outlook (ADO) for 3 years. This publication includes staff analyses of the macroeconomic prospects for all Asian Development Bank's (ADB) 45 developing member countries (DMCs), referred to collectively as developing Asia, and provides insights into the current economic issues the region faces. Its content provides vital intelligence to policy makers in DMCs, ADB Management and shareholders, and researchers globally, and underpins ADB operational decisions. The ADO showcases ADB's knowledge and expertise about the region.
ADB's Midterm Review of Strategy 2020 identified inclusive growth among the strategic priorities that will guide ADB's work through 2020. The ability to understand the key drivers of, and constraints on, economic growth is a critical element of inclusive growth. With its comprehensive analysis of evolving macroeconomic developments, the ADO plays an important role in fostering this understanding, a role recognized by the TA Strategic Forum in 2008. Under ADB's streamlined business processes, the ADO is one of the main references for the economic assessment and outlook section of country partnership strategies. In line with the 2015 staff guidelines to improve mainstreaming of inclusive growth into country partnership strategies, the ADO country chapters support the analysis of key obstacles to inclusive economic growth: (i) factors preventing productive employment generation, (ii) human development constraints, (iii) gender and other socioeconomic barriers, (iv) spatial and geographical limitations, (v) institutional and policy weaknesses, and (vi) factors preventing expansion of social protection programs.
The geographical locations include Afghanistan, Armenia, Azerbaijan, Bangladesh, Bhutan, Brunei Darussalam, Cambodia, China, Cook Islands, Fiji, Georgia, Hong Kong, China, India, Indonesia, Kazakhstan, Kiribati, Korea, Kyrgyz Republic, Laos, Malaysia, Maldives, Marshall Islands, Micronesia, Mongolia, Myanmar, Nauru, Nepal, Pakistan, Palau, Papua New Guinea, Philippines, Samoa, Singapore, Solomon Islands, Sri Lanka,Taipei-China, Tajikistan, Thailand, Timor-Leste, Tonga, Turkmenistan, Tuvalu, Uzbekistan, Vanuatu, Viet Nam.