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Untapped potential: time to rethink European engagement with the Asian Development Bank

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  • Maaike Okano-Heijmans

Abstract

This policy brief assesses the operations of the Asian Development Bank (ADB) and provides an analysis of the Bank’s relevance for its European member countries today and tomorrow. One important reason for Europe’s 17 member countries to engage with the ADB lies in the Bank’s contributions to a prosperous, stable and more integrated Asia-Pacific. The ADB positively contributes to European countries’ economic diplomacy and offers valuable opportunities to reinforce ties with players that are quickly strengthening their role and influence in global politics and economics. Furthermore, the Bank’s non-Western diplomatic style provides lessons on how to operate successfully in tomorrow’s world, wherein Europe will be less influential. European countries would do well to strengthen their engagement with the ADB and assist the Bank in maintaining legitimacy and relevance towards the future. Copyright Springer-Verlag Berlin Heidelberg 2015

Suggested Citation

  • Maaike Okano-Heijmans, 2015. "Untapped potential: time to rethink European engagement with the Asian Development Bank," Asia Europe Journal, Springer, vol. 13(2), pages 211-221, June.
    • Handle: RePEc:kap:asiaeu:v:13:y:2015:i:2:p:211-221
    DOI: 10.1007/s10308-014-0395-5
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    References listed on IDEAS

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    1. Asian Development Bank (ADB) & Asian Development Bank (ADB) & Asian Development Bank (ADB) & Asian Development Bank (ADB), 2012. "Report to the President: Office of Anticorruption and Integrity: 2011 Annual Report," ADB Reports RPS124400, Asian Development Bank (ADB), revised 29 May 2013.
    2. Christopher Dent, 2008. "The Asian Development Bank and Developmental Regionalism in East Asia," Third World Quarterly, Taylor & Francis Journals, vol. 29(4), pages 767-786.
    3. Asian Development Bank (ADB), 2013. "Report to the President: Office of Anticorruption and Integrity: Annual Report 2012," ADB Reports RPT125154, Asian Development Bank (ADB), revised 22 Apr 2013.
    4. AfDB AfDB, . "Annual Report 2012," Annual Report, African Development Bank, number 461.
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    Cited by:

    1. Xianbai Ji, 2017. "Promoting regional development bank complementarity: challenges to Asia and lessons from Europe," Asia Europe Journal, Springer, vol. 15(3), pages 261-281, September.

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