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Two Faces of Asia Test Future of Development Bank

andyg 于2007-06-10发布 l 已有人浏览
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&raquo Download Audio(mp3) By Jill Moss 2007-6-10 This is the VOA Special English Development Report.

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by jill moss
2007-6-10

this is the voa special english development report.

the asian development bank was created in nineteen sixty-six, two years after the african development bank. today both of them are talking about needed reforms to better serve their member countries. last month we looked at the issues in africa where there is still widespread need for development aid.

the situation is different for the asia-pacific area. the asian development bank was created to raise money from rich industrial nations for loans to support economic growth. now there are surpluses in asia, and less and less need for those loans.

rajat nag is managing director general of the bank; we called him in manila. he says the bank is debating how to deal with the two faces of asia. economic growth in many countries has been great -- ten percent a year in china, for example. the bank's members have about two trillion dollars in savings that could be invested. yet more than six hundred million people in asia are still without clean water.

and rajat nag says by the year twenty-twenty, almost two billion asians will still be living on less than two dollars a day. the bank will continue to be supportive for those countries, he says.

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