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The Annual Review of Development Effectiveness provides
a broad assessment of the Bank´s contribution to
development effectiveness, drawing on project evaluations
and IEG sector, thematic and country reviews.
2004 ARDE - The World Bank's Contributions to Poverty Reduction

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The 2004 Annual Review of Development Effectiveness: The Bank's Contributions to Poverty Reduction, looks at the recent growth and poverty reduction experience of client countries. It assesses the extent to which Bank interventions have contributed to growth and poverty reduction and the effectiveness of different types of interventions. The review uses the key elements of the Bank's 2001 poverty reduction strategy to examine the extent to which these elements respond to the needs of the poor, are actually being carried out, and are having an impact.
The ARDE finds that the World Bank has made much progress at the corporate level in focusing its mission, assistance strategies, and instruments on poverty reduction. The Bank's 2001 poverty reduction strategy appropriately highlights both the growth and social aspects of poverty reduction, and the strategy has provided a workable operational framework for identifying and categorizing the Bank's interventions. But the Bank faces challenges at the country and project levels in articulating and measuring the linkages between its interventions and their expected and actual poverty outcomes.
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2003 ARDE - The Effectiveness of Bank Support for Policy
Reform
ARDE
2003 examines the effectiveness of Bank support for

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developing
country policy reform. Policy reform has become a central
element of the Bank's strategy for sustainable poverty reduction.
The report finds that reform has been widespread across
countries during the last few years and across a wide spectrum
of policy areas. Countries that improved their policies
over this period -- on average - achieved substantially
higher per-capita economic growth than those that did not.
The report also finds that Bank support has contributed
to reform in a number of cases. But there are also cases
where the Bank's support has not been associated with improvements
in the policy environment. This is especially noticeable
in countries with no track record at all -- or an inconsistent
or deteriorating record -- of policy reform. The Bank's
available instruments , namely CAS triggers and lending
conditionality, haven't always been effectively used in
these situations.
Several countries have absorbed large amounts of adjustment
lending with only mixed results on reform and a substantial
increase in indebtedness. In some cases the Bank has designed
operations that don't fit well with the pace and style of
policy making style of the recipient country. In others,
staff lacked the specific country knowledge they need to
help to identify risks and improve sequencing and ownership.
The report finds, in conclusion, that management should
consider ways to better customize its support to clients'
needs and should explore pilot mechanisms to introduce a
more direct linkage between its support and results in terms
of poverty reduction.
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ARDE 2003 Web page

2002
ARDE - Achieving Development Outcomes: The Millennium
Challenge
The
2002 ARDE assesses, using recent evaluation evidence,
how the World Bank's country, sector, and global programs
are helping clients work toward the Millennium Development
Goals (MDGs) and related targets. The findings suggest
several areas for action. Intensified effort is needed
by the Bank to define the objectives and targets of its
country programs with greater specificity, deriving these
from national targets established by countries in light
of the global MDG goals, and using the Poverty Reduction
Strategy Paper where applicable. The Bank must move from
recognizing the multisectoral determinants of development
outcomes to developing and implementing cross-sectoral
strategies. And the Bank must further clarify and rationalize
its role in global programs. Above all, the Bank needs
to more fully-and urgently-assess the implications of
the MDGs at the corporate, country, sector, and global
levels, and address these implications in its use of lending
and administrative resources.
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ARDE 2002 Web page

ARDE 2001: Making Choices
The findings of the 2001 ARDE demonstrate sustained progress
in portfolio performance (see figure below) and suggest
several directions for future Bank assistance. First,
the ongoing updating of the policy framework for investment
and adjustment lending offers 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 operationsa
growing share of Bank lendingsuccess 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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ARDE 2001 Web page
ARDE 2000: From Strategy To Results
The Annual Review of Development Effectiveness (ARDE)
2000 confirms that significant improvements in the Bank's
development performance have taken place over the past
five years. Portfolio performance is likely to exceed
the Strategic Compact target of 75 percent satisfactory
in FY00. Eighty-six percent of adjustment lending outcomes
were satisfactory, institutional development outcomes
climbed to 43 percent substantial, and sustainability
has strengthened to 57 percent.
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ARDE 2000 Web page
ARDE 1999: Towards A Comprehensive Development Strategy
Evaluation evidence confirms the importance of country
policy and institutional factors addressed by the CDF
to project performance. Projects are important vehicles
of Bank assistance, and most performance at the project
level will continue to be a critical element of development
effectiveness. Project evaluations have shown improvements
over the past decade, along with a considerable increase
in project demandingness and complexity--a considerable
achievement. Adjustment lending, in particular, has delivered
a relatively high share of satisfactory outcomes. But
there has been a recent plateauing in performance: 72
percent of evaluated projects exiting in FY98-99 show
satisfactory outcomes, while the share of exiting projects
likely to sustain their benefits remains below half.
Download
ARDE 1999 Full Report
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