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Special Evaluation Study on Program Lending

This special evaluation study assesses the effectiveness of program lending in promoting policy reforms in the developing member countries (DMCs), and identifies generic measures that could further enhance its effectiveness.

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[ PDF: 586kb | 106 pages ].
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Contents

Executive Summary
[ PDF: 71kb | 5 pages ]

  1. Introduction

    1. Objective and Scope of the Evaluation
    2. Evaluation Method

  2. Asian Development Bank Program Lending

    1. Evolution of the Program Lending Framework
    2. Programs and Program Lending
    3. Ratings for Program Loans

  3. Outputs and Impacts

    1. Disbursements and Conditions
    2. Program Impacts
    3. Generally Successful and Unsuccessful Programs

  4. Processes

    1. Program Lending and the Change Process
    2. Program Design and Formulation
    3. Program Implementation and Monitoring

  5. Factors Affecting Performance

    1. Factors Relating to Developing Member Countries
    2. Internal Asian Development Bank Factors

  6. Looking Forward

    1. Future Program Lending
    2. Preparedness of the Asian Development Bank

  7. Key Findings, Conclusions, and Recommendations

    1. Key Findings
    2. Conclusions
    3. Recommendations

Appendixes
[ PDF: 249kb | 48 pages ]

  1. Evolution of the Program Lending Framework
  2. Programs and Program Lending, 1987-2000
  3. The Crisis Loans
  4. Programs by Country and Sector, and their Ratings
  5. Tranche Releases and Delays
  6. Program Conditions
  7. Program Examples: Impact