What are some criticisms of the ADB?
The Asian Development Bank (ADB) has faced various criticisms from civil society organizations, environmental groups, and recipient member governments regarding its lending policies and project execution. Major concerns often focus on the social and environmental displacement caused by large-scale infrastructure projects funded by the bank, such as dams, highways, and industrial corridors. Additional criticisms involve bureaucratic conditionality attached to financial assistance, insufficient transparency in loan approvals, and concerns that certain development strategies disproportionately favor corporate interests over local community welfare.
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