In 2015 the Asian Development Bank announced a merger of its loan and grant funds, allowing it to increase its lending capital substantially. This followed a formal independent assessment of the proposal at the request of the bank’s donors by CGD’s Nancy Birdsall, Scott Morris, and Enrique Rueda-Sabater. The restructuring and provides an important launch point for further innovations and much-needed flexibility to the multilateral development bank model.
Support More Work Like This.
Your contribution makes it possible for the Center’s researchers to devise practical, evidence-based solutions for today’s most pressing development challenges.