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Max Planck Encyclopedia of International Procedural Law [MPEiPro]

Asian Development Bank Sanctions Process

Sope Williams-Elegbe

From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 29 May 2020

Subject(s):
Corruption — Public procurement

Published under the direction of Hélène Ruiz Fabri, with the support of the Department of International Law and Dispute Resolution, under the auspices of the Max Planck Institute Luxembourg for Procedural Law.

1 The proposal for the creation of a development bank for the Asia-Pacific region can be traced to a conference of the then United Nations Commission for Asia and the Far East in 1963 (Kappagoda, 1995, 13; Dutt, 2001, 242). A Consultative Committee was created to determine the need for a new institution, and the case was made that a development bank in the region would be a conduit for channeling additional external resources to the region; assisting in financing projects that were not adequately funded by other donor agencies; and acting as a focal point for...
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