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Mongolia: Transition to a Market Economy Built on Successful Financial Reforms
 Mongolia faced challenges during its transition from a centrally-planned to market-oriented economy. ADB's country assistance strategy recognized the important role of the financial sector in facilitating and supporting growth in other sectors of the economy. This evaluation found that reforms in key areas, with support from ADB, reduced inflation and improved growth. Read the Learning Curves.
Education in Bangladesh: What Worked Well and Why under the Sector-Wide Approach
 The sector-wide approach, through which the Government of Bangladesh and development partners improve primary education, carried high transaction costs but was still an effective way to achieve higher gross enrollment rates with gender balance.
Read the Learning Curves.
Mongolia's Urban Development Sector
A rapid sector assessment finds that ADB contributed significantly to improvements in Mongolia’s urban sector. ADB’s assistance for housing finance led to a fledgling mortgage market that exceeded the sector development goal expectations. In addition, it appears that ADB’s interventions have had a modest impact, albeit indirectly, on the reduction of poverty in the selected aimag centers. Read the Learning Curves.
ADB Assistance to Water Supply Services in Metro Manila
 ADB's value added to Manila's water services was largely limited to augmenting raw water supply to the Metropolitan Waterworks and Sewerage System water treatment and supply system. There is further potential for ADB to develop water distribution services in Metro Manila, particularly in the West Zone. Read the Learning Curves.
Energy Sector in the Greater Mekong Subregion
 ADB’s energy program for the Greater Mekong Subregion has resulted in significant economic benefits to the participating countries and contributed to rising investor confidence in undertaking power export projects in the region. Read the Learning Curves.
Tourism Sector in the Greater Mekong Subregion
 ADB's assistance for the tourism sector contributed to strategic discussions, planning, and collective actions by GMS countries. Further work is needed to understand key strategic and policy implications, and clarify whether future tourism sector activities are covered by ADB’s current high-level strategies.
Read the Learning Curves.
Transport and Trade Facilitation in the Greater Mekong Subregion —Time to Shift Gears
 ADB has successfully supported the GMS program by helping develop physical infrastructure and catalyzing multilateral dialogue for enabling regional corridors. ADB can add further value by assisting GMS countries in institutional development and overcoming cross–border issues. Read the Learning Curves.
Evaluation on the Regional Cooperation Assistance Program for the Greater Mekong Subregion: Maturing and Moving Forward
 An evaluation finds that the GMS program must now move to the next level of maturity where its members take on more responsibilities. ADB should continue to provide support for building national capacities to sustain regional benefits. Read the Learning Curves.
Evaluation Study on the East-West Corridor Project in the Greater Mekong Subregion
 The EWC Project is part of the East–West Economic Corridor, which links Viet Nam with Myanmar. It was designed to improve the national road linking landlocked areas in northeast Thailand to the Viet Nam coast via Lao PDR. The evaluation finds that the project enhanced mobility among local communities. However, full realization of project benefits is limited by constraints to cross border movements.
Evaluation Study on the Phnom Penh to Ho Chi Minh City Highway Project
 The Phnom Penh to Ho Chi Minh City Highway Project was the first road project developed as part of the Greater Mekong Subregion initiative. Assisted by two separate loans to Cambodia and Viet Nam, the Project was designed to rehabilitate the cross border road and reduce custom procedures-related bottlenecks. The Project is rated “successful.” Its impact was found to be “moderate” in relation to cross-border movements, but it has been “significant” in terms of socioeconomic changes at the local levels.
Evaluation Update on Support for Financial Intermediation in Developing Member Countries
 This report updates earlier evaluation studies on ADB's assistance for supporting financial intermediation for private sector development, small and medium-sized enterprises promotion in particular. It follows a meta-evaluation approach. The report is intended to inform future formulation and implementation of ADB strategies and operations in financial intermediation and private sector development.
Annual Report on 2007 Portfolio Performance
 This report presents data from ADB operations during 2007, along with trend analyses that for the most part cover the period 2003-2007. It also presents an assessment of ADB portfolio performance. It includes an analysis of delays in project implementation; findings and analysis of 2006 and 2007 design and monitoring frameworks; and review of the project performance reporting system.
Evaluation Study on Policy Implementation and Impact of Agriculture and Natural Resources Research
 This study updates an earlier evaluation in response to several developments in the agriculture and natural resources sector. Key emerging concerns include the increasing scarcity of inputs such as land and water for agriculture; and the impact of trade liberalization, global climate change, and biofuel development. ADB has also made several changes to its policies, institutional setup, and operational guidelines. This evaluation found that most of the recommendations of the earlier evaluation continue to be relevant in the current context.
OED Renamed the Independent Evaluation Department
 OED is renamed the Independent Evaluation Department (IED), as part of measures approved by ADB's Board of Directors to enhance the independence and effectiveness of ADB's operations evaluation function. These measures are based on a review conducted by a Working Group set up by ADB President Haruhiko Kuroda in March. IED’s current functions, priorities, and procedures are embodied in the provisions of the 2008 board paper on the Review of the Independence and Effectiveness of OED.
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