2001 Annual Review of Development Effectiveness : Making Choices
This is the fifth Annual Review of Development Effectiveness (ARDE). This year's Review highlights the choice of lending and non-lending instruments and activities to achieve development objectives. It complements the Annual Report on Portfoli...
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| Format: | Publication |
| Language: | English en_US |
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Washington, DC: World Bank
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2002/05/1974848/2001-annual-review-development-effectiveness-arde-making-choices http://hdl.handle.net/10986/15244 |
| Summary: | This is the fifth Annual Review of
Development Effectiveness (ARDE). This year's Review
highlights the choice of lending and non-lending instruments
and activities to achieve development objectives. It
complements the Annual Report on Portfolio Performance, the
Quality Assurance Group's assessment of the active
lending portfolio and of recent analytical and advisory
services. As in prior years, the Review concentrates on
long-term development effectiveness trends. It finds that
selecting the right combination and sequence of activities
for a particular set of objectives can make the difference
between success and failure. The findings of the 2001 ARDE
demonstrate sustained progress in portfolio performance and
suggest several directions for future Bank operations.
First, the ongoing updating of the policy framework for
investment and adjustment lending offer a good opportunity
to offer operational guidance and improve instrument choice.
Second in poor performing low-income countries simple
operations, pilot projects, and non-financial activities
have particular potential to deliver results. Third, for
adjustment operations--a growing share of Bank
lending-success is more likely when the domestic consensus
for reform is strong and other Bank instruments are brought
to bear both upstream and downstream of the adjustment process. |
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