Catalog

	Table of Contents
p. 9 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

Global Agenda

ADB has also played a key role in discussions among the multilateral development banks to mainstream Managing for Development Results. For example, it initiated joint development of the multilateral development banks’ Common Performance Assessment System, which will collectively assess each year how five banks are progressing in mainstreaming the Managing for Development Results agenda.

Indeed, at the Second High-Level Forum on Aid Effectiveness in March 2005, delegates from more than 100 developed and developing countries and major international agencies endorsed the Paris Declaration on Aid Effectiveness. They resolved to take far-reaching and monitorable actions to reform the ways aid is managed.

ADB and other multilateral development banks also committed to harmonizing operational policies, procedures, and approaches to reduce transaction costs for donors and developing countries. ADB collaborates with partners on key economic, sector, and thematic works and increasingly uses harmonized approaches in developing results-based country strategies and programs.

Back Project Performance Management Systems	Next Innovation and Efficiency Initiative