Peter McCawley is a Visiting Fellow in the Arndt-Corden Department of Economics at the ANU. Peter has been an Executive Director at the ADB, led various ADF replenishment round negotiations, and is a former Dean of the Asian Development Bank Institute (2003-2007). He has recently completed writing the 50-year history of the ADB: Banking on the Future of Asia and the Pacific: 50 Years of the Asian Development Bank.