Asian Development Bank (ADB)
20 October 11
Jonathan Cornford, Manna Gum & Oxfam Australia
The overall purpose of this paper is to renew discussion within the Australian development community about the role of the multilateral development banks — specifically the World Bank and the Asian Development Bank (ADB) — in delivering aid.
Until recently, there has been little clear or consistent data that adequately describes the role of the banks in the Australian aid program. The first task of this discussion paper is to present the empirical data that helps us to better understand this role. The second task is to provide an overview of the positive and negative arguments concerning the banks, and who is making them. There have been enough serious and consistent critiques of the style of development embodied by the banks, and their impact on poor people, to warrant a debate about their role in delivering Australian aid.
Oxfam Australia and the Development Policy Centre launched the report at the Crawford School of Economics and Government, ANU on 26 October, 2011 at ANU in Canberra.