11
Such a process of
on contract terms and on short-term secondments.
continuous interchange of staff would be to the mutual benefit of
both the institution and member countries. Incidentally, I would
like to note in passing that the newly established Audit Committee
of the Board of Directors has contributed significantly to the
efficient conduct of the Bank's affairs and I am sure that it will
play an increasingly important role in the future.
"I understand that the Board of Directors has recently considered
the possible role of programme lending in the Bank's general loan strategy.
In my view, and this is my third point, acceptance of the case for programme
lending must be coupled with an acceptance of the need for meaningful
evaluation techniques, applied exante and ex post facto. Having said
that, I would suggest that family planning might be a suitable field for
programme lending. I realise that hitherto so far as international
development institutions are concerned, population control programmes
have been the special preserve of the World Bank which has built up a
wealth of comparative experience. But I doubt whether the Asian Develop-
ment Bank can legitimately leave all efforts in this field to the World
Bank given the high proportion of the world's population in the Asian
region, and given also the relatively high population growth rates in
many member countries, which erode the impact on living standards of
private and public investment.
+
"This leads me on to the question of the respective roles of
the World Bank and the several regional banks and, indeed, of all
specialised international agencies concerned with economic and social
development and to the fourth point I wish to make, namely, that the
/time has
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