Financial Sector Operational Plan

The Asian Development Bank (ADB) issued its long-term strategic framework, Strategy 2020, in April 2008 to guide its operations to meet the changing assistance needs of its developing members. The strategy identified financial sector development as one of the five focal areas of ADB's operations through 2020. This Financial Sector Operational Plan aims to articulate the financial sector agendas of Strategy 2020 and guide its implementation by ADB.

The cross-cutting impact of finance on different sectors and economic activities amplifies opportunities for expanding financial inclusion and poverty reduction, which is why the Asian Development Bank's (ADB) 2011 Financial Sector Operational Plan (FSOP) was designed to address challenges ahead. ADB's finance sector operations contributed 11% of total lending portfolio over 2011-2015, about 15% of that in 2015 alone. This review examines the implementation of the 2011 FSOP and looks at the critical role of the finance sector in development in Asia and the Pacific. While this publication affirms that the FSOP remains valid and relevant, it also makes recommendations up to 2020 and provides a platform to launch the FSOP beyond 2020 to ensure its relevance with ADB's road to 2030.

The cross-cutting impact of finance on different sectors and economic activities amplifies opportunities for expanding financial inclusion and poverty reduction, which is why the Asian Development Bank's (ADB) 2011 Financial Sector Operational Plan (FSOP) was designed to address challenges ahead. ADB's finance sector operations contributed 11% of total lending portfolio over 2011-2015, about 15% of that in 2015 alone. This review examines the implementation of the 2011 FSOP and looks at the critical role of the finance sector in development in Asia and the Pacific. While this publication affirms that the FSOP remains valid and relevant, it also makes recommendations up to 2020 and provides a platform to launch the FSOP beyond 2020 to ensure its relevance with ADB's road to 2030.

An IMF paper reviewing the policy responses of Indonesia, Korea and Thailand to the 1997 Asian crisis, comparing the actions of these three countries with those of Malaysia and the Philippines. Although all judgements are still tentative, important lessons can be learned from the experiences of the last two years.

IMF Financial Operations 2018 provides a broad introduction to how the IMF fulfills its mission through its financial activities. It covers the financial structure and operations of the IMF and provides background detail on the financial statements. It reviews the IMF's three main activities: lending, surveillance, and technical assistance.

Despite its success to date, the People's Republic of China (PRC) faces some major challenges in finance sector development. Like all success stories, the PRC is finding it increasingly di cult to maintain momentum. The finance industry needs greater involvement from the private sector, including input in decision making. Achieving the desired outcomes will require a careful balance between the pace at which controls are removed and that at which the regulatory and legal infrastructure is strengthened. Long-term success will also require that economic growth be inclusive, with financial services available to all members of society.

Rapid advances in information and communication technology (ICT) continue to create tremendous opportunities for economic and social gains in the world's poorest areas. A key infrastructure of knowledge-based economies. ICT is a driving force for rapidly growing new sectors. The Strategy 2020 of the Asian Development Bank (ADB) reinforces the importance of drawing on ICT to enhance development in Asia and the Pacific. In line with Strategy 2020, ADB's 2013 ICT for Development Strategy and with the support of the Republic of Korea's e-Asia and Knowledge Partnership Fund (EAKPF), this study examines and identifies opportunities for promoting ICT in ADB operations.

This study assesses the achievement of the Asian Development Bank (ADB) in mainstreaming the Managing for Development Results agenda within ADB, with a view to track progress, identify lessons, and make recommendations for ensuring better development effectiveness of operations in the future.

This operational plan provides strategic directions for Asian Development Bank (ADB) support to its developing member countries to strengthen social protection systems. It aligns ADB's 2001 Social Protection Strategy with the inclusive growth agenda of Strategy 2020. The operational plan supports the development and integration of social protection components in key sectors, and institutional capacity building. It also promotes knowledge sharing, partnerships, and South-South cooperation on monitoring and reporting on social protection programs and trends in the Asia and Pacific region.