By Soniya Carvalho
This evaluate assesses, utilizing to be had assessment facts, how the area Bank's nation region, and worldwide courses are assisting consumers paintings towards the MDGs and comparable ambitions. The findings of this year's Annual assessment point out that the Bank's nation, quarter, and international courses are in step with the MDG subject matters and feature more and more eager about poverty relief. in addition they recommend a number of components for elevated emphasis, a few of that are receiving better financial institution awareness. mainly, the financial institution must extra absolutely check the results on the company, state, area, and worldwide degrees of the MDGs and deal with those implications in its use of lending and administrative assets.
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Extra info for 2002 Annual Review of Development Effectiveness: Achieving Development Outcomes : The Millennium Challenge
In OED’s 1995 review of the question, it concluded that in most countries adjustment lending did not have a negative impact on the social sectors (OED 1995). Analysis undertaken by the Bank indicated that social expenditures in adjusting countries rose—as a share both of total expenditure and gross domestic product (GDP)—relative to that in countries with no adjustment program. Social expenditures per capita were also found to rise substantially more often than they fell one to three years after an adjustment operation.
Organization and Sources The next three chapters discuss how the Bank’s country, sector, and global programs have addressed the MDGs and the implications for future work. The final chapter concludes this report, and the Appendix presents project performance results. 2 summarizes the results of project outcomes, which have continued to improve— in FY01 they exceeded for a second year the 1997 Strategic Compact target of 75 percent satisfactory. Achieving the MDGs will require that this solid per- M a n a g i n g t h e R i s k s o f Ta r g e t - D r i v e n Approaches A major risk of target-driven approaches such as those embodied in the MDGs is that they can distort priorities.
6 Theme 100% Other 80% Env RD 60% UD HD SP+SD 40% PSD Other Env RD UD HD SP+SD PSD 80% 60% 40% 20% 20% 0% Sector 100% PSG EM PSG EM 1997–99 2000–02 Others Others WSFP AFF HSS Edu WSFP AFF HSS Edu E&M E&M Fin Fin 0% 1997–99 2000–02 Note: Theme—PSD = financial and private sector development; PSG = public sector governance; SP+SD = social protection and social development; RD = rural development; HD = human development; EM = economic management; UD = urban development; Env = environment; Others = rule of law, trade and integration.
2002 Annual Review of Development Effectiveness: Achieving Development Outcomes : The Millennium Challenge by Soniya Carvalho