The Asian Development Bank Faces Radica…

As the World Bank knows to its current woe, it can be a disadvantage to be headquartered a few blocks from the White House, and to have a controversial American like Paul Wolfowitz at the helm. Its little brother among multilateral institutions, the Asian Development Bank, has the opposite problem: decades of leadership by low profile Japanese and a location in Manila, one of Asia’s least cosmopolitan capitals.

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