March 29, 2018

Download e-book for iPad: 2001 Annual Review of Development Effectiveness: Making by William G. Battaile Jr.

By William G. Battaile Jr.

ISBN-10: 0821351397

ISBN-13: 9780821351390

The 'bottom line' for the area financial institution is its improvement effectiveness. The self sustaining Operations review division (OED) tracks the Bank's improvement functionality, reading the effectiveness of financial institution tasks, courses, and approaches; attracts classes of operational adventure; and gives recommendation to the Board in line with reviews on the venture, kingdom, quarter, and thematic degrees. every year, proof from those reviews is marshaled to provide a precis record at the Bank's improvement effectiveness, founded round a selected improvement factor. The '2001 Annual overview of improvement Effectiveness: Making offerings' (2001 ARDE) provides the most recent autonomous evaluate effects, with a spotlight on how the financial institution and its consumers could make the simplest choice from the to be had suggestions instruments.

The newest venture assessment facts provided within the 2001 ARDE make certain an important development within the results of the Bank's lending functionality, particularly for FY00 exiting tasks. The upward development maintains into FY01, with good advancements in sustainability and institutional improvement impression besides. Lending is, despite the fact that, just one size of the Bank's broader assistance toolkit together with either monetary and nonfinancial tools. This toolkit has been tailored and extended in keeping with a posh and swiftly altering improvement time table. New lending tools, analytical instruments, and partnership preparations were crafted to handle the myriad wishes and personal tastes of debtors and to satisfy the problem of the Bank's challenge of poverty relief. because the findings of the 2001 ARDE exhibit, selecting the best mix and sequencing of actions in a given surroundings, could make the variation among luck and failure. How those tools are being positioned into perform, their effectiveness and hyperlink to nation, quarter, and thematic effects, and the place there's want for development are the topic of this evaluation.

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1. Weak monitoring and evaluation were also cited as factors in more than one in three projects. For projects with highly satisfactory outcomes, project design was found to be the most widespread factor, followed by borrower implementation performance. Among project design weaknesses, lack of realism (in scope and complexity of objectives and/or in proposed time frame) was by far the most important, contributing to poor project performance in no less than 72 percent of the unsatisfactory sample projects, including all the adjustment projects rated unsatisfactory.

Last year’s ARDE pointed to the difficulty of providing reliable ratings in the absence of monitorable goals set at the approval stage. Since many operations do not yet specify verifiable performance indicators, ratings for these projects can be based only on specified intermediate objectives. In addition, the timing of evaluations frequently makes it difficult to use projected impacts or even genuine outcomes for rating purposes. , through the use of a logical framework, evaluation ratings for such lending will continue to be geared more to compliance with conditionality and achievement of intermediate outcomes than to final outcomes and impacts.

Over the past decade, the Bank has devoted effort and creativity to adapting its financial and nonfinancial services to meet a wide variety of client needs and to implement corporate initiatives. New instruments have been created, others phased out. What has stimulated this attention to instruments? First, many Bank clients have gained access to a spectrum of alternative financing sources—some involving transaction costs lower than the Bank’s. Second, for poor and highly aid dependent borrowers, there is a continuing drive to enhance the impact of development assistance on poverty and growth.

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2001 Annual Review of Development Effectiveness: Making Choices by William G. Battaile Jr.

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