This paper reviews the theoretical and empirical literature on the role of financial sector development, with a view to deepening understanding of the rationale of development assistance to the financial sector of developing countries.
ADB has appointed Muhammad Ehsan Khan as Director General of its East Asia Department, where he will be responsible for the department’s vision and strategy in the region.
ADB will hold its 54th Annual Meeting of the Board of Governors in a virtual format from 3 to 5 May 2021, with a focus on deepening collaboration for a resilient and green recovery from the coronavirus disease (COVID-19) pandemic.