Catalog

	Table of Contents
p. 7 of 39 BACK | NEXT The Record Chairman’s Message Board of Directors' Report New and Revised Policies and Procedures Reforming to Remain Relevant Managing for Development Results Results in Country Strategies and Programs Project Performance Management Systems Global Agenda Innovation and Efficiency Initiative New Instruments and Modalities Other Policies and Strategies Performance-Based Allocation Policy Internal Initiatives Governing Structure Financing Operations 2005 in Figures Management Board of Directors Operations in 2005 East and Central Asia Mekong The Pacific South Asia Southeast Asia

New and Revised Policies and Procedures

Results in Country Strategies and Programs

Results-based country strategies and programs put in place a matrix of objectives and clear indicators for monitoring progress, and provide the flexibility to zero in on the developmental constraints of the member country. For example, the Philippine country strategy and program focuses on the fiscal deficit, the Bangladesh and Nepal country strategies and programs deal closely with governance, and regional imbalances are important in the Viet Nam country strategy and program.

ADB must clearly and consistently demonstrate effectiveness in its operations

Some countries have more capacity to adopt results orientation than others—such as large, middle-income economies—more so than smaller, fragile states. As a key action under Managing for Development Results, ADB will work with its DMCs to help develop their capacity and strengthen country systems for the strategy.

Regionally, the new Pacific Regional Economic Cooperation Strategy and Program (Pacific Strategy) is also designed to be managed for results and was put together after consultations and extensive workshops with stakeholders concerned.

The Pacific Strategy is a unique document in ADB. It will guide the preparation of all country strategies and programs in the region and all regional activities. Through a matrix of three objectives and seven key result areas, the strategy is based on monitoring, reporting, and assessing work across the region, and, importantly, learning from this process for future decision making.

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