In a rapidly changing regional and global economic environment, it is vital for the Asian Development Bank (ADB) to keep abreast of current development issues. It is important for ADB to take the lead in formulating appropriate responses to economic exigencies and effectively assist its developing member countries (DMCs). ADB needs to have at its disposal up-to-date information as well as projections and forecasts for the medium term. One of the important lessons learned from the Asian economic crisis (1997-1998) is that availability of timely information will enable ADB to promote a better understanding of development trends and the evolving policy responses in the Asian and Pacific region. It is with this objective in view that the Asian Economic Outlook (AEO) workshop was conceptualized way back in 1989.

NOVEMBER 27-28, 2000 ADB, MANILA, PHILIPPINES

     The AEO workshop is designed to contribute to the Asian Development Outlook (ADO), which is one of ADB's flagship publications; and to the ADB annual report. Produced annually, the ADO has become a valuable source of information on the recent economic performance and medium-term prospects of ADB's DMCs in the Asian and Pacific region as well as the global economy. The ADO theme chapters provide useful discussion of the different policy and development issues confronting the DMCs. ADO is distributed by the Oxford University Press annually, and about 3,000 copies are sold commercially in addition to the complimentary copies distributed by ADB.

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