Economic & Financial Governance

The purpose of this review is to assess the Bank’s ESW over the period 2005-2010 and to draw lessons and formulate recommendations to improve the effectiveness of future ESW. This study should be seen as a formative evaluation,as the Bank is putting in place an internal process for ESW to investigate ESW activity along the entire process, this review addresses four questions: 1. How consistent are Bank policies and strategies for ESW? 2. What are the features of ESW produced by the Bank? 3. How efficient are the Bank’s processes and management of ESW? 4. To what extent is the Bank’s ESW useable and useful?

English

This Project Performance Audit Report (PPAR) concerns the Project to Support the Ministry of Planning and Economic Development (AMPDE), approved in December 1992, reformulated in 1999 and 2002, and completed in September 2006. During its appraisal, the AMPDE Project fell within the context of a low-income country with weak capacity. However, since 2000, Equatorial Guinea has been profoundly marked by the strong growth in oil revenue1, which has earned it middle-income country status2. Its per capita GDP was estimated at USD 14,980 in 2008 (more than 20 times its 1996 level) and today, it has internal resources to finance its development. However, the AMPDE Project objectives and capacity-building issues continue to be relevant since the country’s human development capacity remains largely inadequate.

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This cover note contains a summary of the ‘Third Benchmarking Review of ECG Members Evaluation Practices for Their Private Sector Operations’1. The review was approved and subsequently released by the Evaluation Cooperation Group (ECG) in September 20102. The report presents the findings, conclusions, and recommendations regarding progress in harmonizing the mandates, policies, and practices of evaluation of private sector operations among members of the ECG. The main aim of this exercise is to identify the progress made so far towards harmonization by MDBs, and identify areas of shortfall in order to correct them.

English

The review is based on an analysis of all 126 PCRs delivered during 2008-09 and their associated PCRENs carried out in 2009.3 Findings from these PCRENs have been aggregated to provide a more comprehensive picture of the results of the Bank’s work. It also relies on sectoral syntheses of 85 of the 126 PCRs and PCRENs. These syntheses were preparedin 2009. In addition, interviews were conducted in 2010 with both Operations and OPEV staff to get a better understanding of the PCR process, including early views on the effects of PCR process changes. Previous OPEV reports and other Bank and external documents also informed the analysis

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This Country Report has been prepared by Fiscus Limited, UK, in collaboration with Mokoro Ltd, Oxford, as one of three country reports in the Joint Evaluation of Public Financial Management Reform, managed by the African Development Bank, Denmark and Sweden. The evaluation looked at two main questions: (i) where and why do Public Finance Management (PFM) reforms deliver results and (ii) where and how does donor support to PFM reform efforts contribute most effectively to results ?

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This evaluation assesses the Bank Group’s assistance in Madagascar during the 2002–2012 period and its contribution to the country’s development. The underlying issues of the evaluation are relevance, effectiveness, efficiency, impact, sustainability and the performance of key stakeholders. In addition to literature reviews, the evaluation is backed by sector reviews and field visits to projects. It also takes into account the completion report of the CSP 2005–2009.

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This evaluation is a response to the January 2012 report of the Bank-wide Task Force set up to take stock of microfinance activities of the African Development Bank Group (the Bank). The task force called for an independent and comprehensive review of these activities. The evaluation covers the period 2000 - 2012 and makes recommendations for policy and operations improvement.

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