The Asian Development Bank Is Chartered
At a glance:
- Series: Great Events from History II: Business and Commerce Series
- Categories: Economics
- Subcategories: Business, Trade, Commerce, Industry, Manufacturing, Factories, Organizations, Agencies, Institutions
- Curriculum: Asian History
- Geographical Location: Southeast Asia, Philippines
- Date: December 4, 1965
Article abstract: The Asian Development Bank provided financing for the economic development and industrialization of Asia.
Summary of Event
In December, 1963, the First Ministerial Conference on Asian Economic Cooperation, held in Manila, Philippines, under the auspices of the United Nations Economic Commission for Asia and the Far East (ECAFE), endorsed a proposal to establish a regional development bank for Asia to supplement World Bank activities in the area. On November 1, 1965, at the Second Ministerial Conference on Asian Economic Cooperation,...
[The entire page is 2201 words long]
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