Development Effectiveness Report 2013

Download or read book Development Effectiveness Report 2013 written by Asian Development Bank and published by Asian Development Bank. This book was released on 2014-07-01 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: The private sector contributes to economic development by generating jobs and incomes, as well as through investments, new technologies, knowledge transfer, and enhanced productivity. This is particularly true in Asia and the Pacific, where much of the recent success in reducing poverty has been due to robust economic growth stimulated by the private sector. The development challenges and investment needs of the region remain large and diverse. The Asian Development Bank (ADB) helps address these challenges and investment needs by assisting the private sector through the Private Sector Operations Department. This fifth annual report on the development effectiveness of ADB's private sector operations reviews how the Private Sector Operations Department has contributed to promoting ADB's development effectiveness agenda. The report features the direct and indirect impact of private sector assistance. It considers the value added by this assistance, highlighting performance trends and identifying actions required to improve results.