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Evaluation on ADB’s Assistance for Domestic Capital Markets
Strategy 2020 includes support for capital market development as one of ADB’s core operational priorities, as it can facilitate private sector development and infrastructure development, which rely on the availability of long-term local currency funds for viable financial structures. This study looks into ADB's public and private sector assistance related to the development of policy, legal, and regulatory frameworks, and institutions for stock and bond markets.
Read the Learning Curves.
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Mongolia Country Assistance Program Evaluation: From Transition to Takeoff
This update to the findings of the 2002 country assistance program evaluation for Mongolia assesses the performance of ADB strategies and assistance programs in the country during 1997–2007. It aims to identify key lessons and recommendations to provide inputs to the preparation of a new country partnership strategy for Mongolia.
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Evaluation Study on Project Performance and the Project Cycle
Despite a general trend to higher numbers of projects being rated "successful" or better over the past few years, issues of project performance and project quality continue to occur in projects funded by ADB. An evaluation study identified 17 common factors that affect project success.
Read the Learning Curves.
Country Assistance Program Evaluation for the Philippines: Increasing Strategic Focus for Better Results
The first evaluation of ADB's country assistance program for the Philippines— covering operations since 1966 with a focus on the 1980s and 1990s—was completed in 2003. This second country assistance program evaluation covered the period 2003 to 2007 and assessed ADB's assistance to the Philippines as overall "successful" but with need for improvement in several areas to address the daunting challenges lying ahead. View the Evaluation Presentation.
Review of the Independence and Effectiveness of the Operations Evaluation Department (OED)
In February 2008, ADB President Haruhiko Kuroda committed to undertake a comprehensive review of ADB’s Operations Evaluation Department. As an input into this review, two external experts were engaged. After extensive consultations with the ADB Board, Management and staff, and other MDBs to distill international best practices, the experts submitted their final report on 5 September 2008. Read the Report.
Evaluation Presentation: Evaluation on Environmental Safeguards
This evaluation finds ADB's environmental safeguard procedures effective in avoiding adverse environmental impacts from ADB's programs and projects, though their efficiency and sustainability are questionable due to high transaction costs and limited benefits.
Evaluation Presentation: Evaluation on Project Cost Estimates
 Cost underruns and overruns can be defined as the difference in the estimate of project costs upon which loan approval is based, and the final cost incurred at project completion. In 2004, OED examined project cost estimates to determine the major causes of cost underruns and overruns, assess the contribution of each to cost variations, and recommend ways to improve the reliability of cost estimates. The findings and recommendations from that study and the feedback it attracted remain relevant.
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Evaluation Presentation: Evaluation on ADB's Poverty Reduction Technical Assistance Trust Funds
Two poverty reduction technical assistance trust funds were established in 2001 and 2002 to help ADB serve 600 million of the world's poor. This evaluation appraises the extent to which these funds supported ADB's Poverty Reduction Strategy.
Evaluation Presentation: Evaluation on ADB's Assistance to the Transport Sector in Mongolia
Long-term growth and living standards in Mongolia depend on how well the country can seize opportunities and integrate the economy with those of its neighbors. Adequate transport, trade, and communication facilities are vital, and efficient access to seaports or gateways is key to increasing trade competitiveness. ADB has led donor efforts in transportation with policy and project-level interventions. A recent evaluation rated performance a success.
Evaluation Presentation: Evaluation on ADB's Private Equity Fund Operations
 Private equity funds give small and medium enterprises access to technology and equity capital. Asia is the dominant destination for private equity in emerging economies—annual fundraising rose from $2.2 billion in 2003 to $23.1 billion in 2007, concentrating in India and the People's Republic of China. This evaluation identifies how private equity funds could contribute better to private sector development.
Evaluation Presentation: Evaluation on ADB's Assistance to the Transport Sector in India: Focusing on Results
ADB and India have worked on the transport sector for twenty years. As of end-2006, ADB had made 25 loans totaling $5.28 billion to the transport sector—about a third of ADB's lending to the country. This evaluation identified areas where key stakeholders could manage better for development effectiveness and results.
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Evaluation Presentation: Advancing the Standards, Practice, and Use of Evaluations
The Evaluation Cooperation Group was set up by heads of evaluation in multilateral development banks to strengthen cooperation among evaluators and promote harmonization of evaluation approaches. This presentation introduces the ECG and advises of work in progress. More Presentations.
Evaluation Presentation: Evaluation on ADB's Long-Term Strategic Framework: Lessons for Implementation, 2001–2006
ADB's Long-Term Strategic Framework for 2001–2015 specifies operating principles and modalities and marks out organizational and human resource issues. This presentation analyzes the relevance of the framework, ADB's response to the guidance it gave, and the extent to which ADB positioned itself for results. More Presentations.
Evaluation Presentation: Evaluation on Managing for Development Results in ADB: A Preliminary Assessment
This presentation summarizes a recent evaluation on ADB's compliance with known requirements for managing for development results and its progress in adopting the process. More Presentations.
Evaluation Presentation: Evaluation on ADB's Indigenous Peoples Safeguards
ADB's Policy on Indigenous Peoples of 1998 requires that safeguard principles be upheld in preparing and implementing ADB-assisted projects in areas with indigenous peoples. It defines indigenous peoples as having a social or cultural identity distinct from the dominant or mainstream society. OED undertook an evaluation to assess the policy and identify areas for improvement.
More Presentations.
Evaluation Presentation: Evaluation on the Effect of Microfinance on Poor Rural Households and the Status of Women
Microfinance is about providing financial services to the poor. ADB first offered microfinance in 1998 and, by end 2006, had provided $1 billion in loans and $6 milllion in grants. This evaluation analyzes the extent to which ADB's assistance has helped to reduce poverty and improve the status of women. More Presentations.
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Evaluation Presentation: Evaluation on the Performance of Technical Assistance
Technical assistance can contribute to the achievement of development results. Yet reviews and evaluations conducted in the last ten years conclude that it has not yet reached its potential. This evaluation studies why it has fallen short and how it can be managed for results. More Presentations.
Evaluation Presentation: Evaluation on the Fisheries Policy of the Asian Development Bank
ADB's policy on fisheries, approved in 1997, sought to tackle widespread poverty among small-scale fishers, overexploitation of fisheries, and degradation of the natural resource base. This evaluation investigates its relevance, effectiveness, efficiency, and sustainability. More Presentations.
Review of the Independence and Effectiveness of OED
ADB is currently undertaking an external review of the Operations Evaluation Department. An Ad-Hoc Working Group consisting of three members of ADB's Board of Directors and the Managing Director General has been set-up to oversee the review. Two external experts, Scott Clark and Burt Perrin, have been engaged to lead the work. They will be in Manila from 2 to 13 June to undertake consultations with the Board, Management, and selected staff.
Evaluation Presentation: Evaluation on ADB's Country Assistance Program for the People's Republic of China
 This essay summarizes an evaluation reviewing ADB's interventions in the PRC from 1998–2005. More Presentations.
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Evaluation Presentation: Evaluation on ADB's Assistance to the Energy Sector in India
 This essay summarizes an evaluation of ADB's assistance to the energy sector in India from 1996 to 2006. More Presentations.
Evaluation Presentation: Evaluation on the Financial Sector Program and Institutional Strengthening of the Financial Sector Project in the Republic of Korea
 This essay summarizes an evaluation of ADB's unprecedented rescue package in reaction to an exceptional and urgent crisis. More Presentations.
Evaluation Presentation: Evaluation on the Anhui Environmental Improvement Project in the People's Republic of China
 This essay highlights features of an evaluation of an environmental cleanup initiative in the PRC. The project aimed to reduce wastewater discharge to Chao Lake and air and solid waste pollution in Hefei and Chaohu.
The project was rated "successful". More Presentations.
Advancing the Standards, Practice, and Use of Evaluation
 On 21–25 April 2008, the Evaluation Cooperation Group met in Tunis. The gathering was a landmark. The meet confirmed that the process of developing a comprehensive and coherent suite of evaluation good practice standards is nearing completion. Members committed to a greater number of working groups, with a wider participation than was previously the case. The Group reversed a decision not to increase membership.
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Evaluation Presentation: Independent Evaluation at ADB
 This essay summarizes Independent Evaluation at ADB, timed to coincide with the 40th anniversary of ADB's establishment in 1966. It presents the evolving role of evaluation in ADB—from its early years to the expansion of OED's activities in response to a broader mandate. It also describes recent OED accomplishments, and looks to the future.
More Presentations.
Learning from Rice in Lao PDR
 Sky-rocketing food prices risk wiping out accomplishments in poverty reduction and, if allowed to escalate, could hurt global growth and security. Amidst the gloom of the world food situation, the success of rice in the Lao PDR in keeping with historical, cultural, and agricultural contexts gives food for thought.
Making a Difference with Agricultural Research
 Scientific research and research-related activities have a record of significantly increasing food supply to curb hunger on a large scale. OED is set to review ADB's Policy on Agriculture and Natural Resources Research in the context of current issues, including rising food prices and climate change. Feedback is encouraged.
Evaluating for Development Results
 On 31 March and 1 April 2008, the Malaysian Evaluation Society discussed Evaluation under a Managing for Development Results Environment in Kuala Lumpur. More than 170 participants from 15 countries attended.
OED's Keith Leonard and Olivier Serrat were invited to present. For the last two years, OED has endeavored to contribute more actively to the achievement of better development results, leveraging knowledge management and evaluation capacity development in support.
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Evaluation on the Effectiveness on ADB's Capacity Development Assistance: How to Get Institutions Right
 New findings on the performance of ADB's capacity development assistance reveal mixed results, with no pattern across sectors, countries, regions, or time. Still, a consistent set of success drivers (strengths) and deterrence factors (weaknesses) affecting performance have been observed and classified. Find out what drivers contribute to effectiveness and sustainability of capacity development assistance.
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Evaluation on the Implementation of the Paris Declaration at ADB: A Development Partner's Study for an OECD-DAC Joint Evaluation
 ADB is a signatory to the Paris Declaration. It must take specific actions to promote implementation and compliance with the commitments under the five pillars on which the declaration rests. Is ADB doing the right things? And is it doing them right? The Learning Curves summarize the study's findings and recommendations.
Auditing the Lessons Architecture
 This publication highlights the contribution that knowledge audits can make to organizational learning and organizational health. It shows with a real-life example how they open opportunities in strategy development, management techniques, collaboration mechanisms, knowledge sharing and learning, and knowledge capture and storage. The Evaluation News summarize its key points.
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Special Evaluation Study on Asian Development Fund VIII and IX Operations
 An evaluation study assessed ADF operations for 2001–2008, with special attention to ADB's drive to target poverty and governance in this period. The Learning Curves summarize the main findings and recommendations.
Special Evaluation Study on Managing for Development Results in ADB: A Preliminary Assessment
 In 2004, ADB committed to manage for development results. Do ADB staff think that ADB’s internal enabling environment is consistent with the known requirements for successfully managing for development results? If not, how can the environment be strengthened? Is ADB making satisfactory progress? Read the Learning Curves for a summary of the study's findings and recommendations.
Special Evaluation Study on ADB's Long-Term Strategic Framework: Lessons from Implementation (2001-2006)
 The Long-Term Strategic Framework, 2001–2015 guides ADB's efforts to help reduce poverty and improve living conditions and quality of life. What has the Long-Term Strategic Framework contributed to date? What more specific roles should ADB play in the future? The Learning Curves provide a summary of the study's findings and recommendations.
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