By Robert Buckley
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Extra info for 1998 Annual Review of Development Effectiveness
The final chapter discusses the implications for Bank operations and evaluation. Page 7 2 Trends in Project Performance Among evaluated projects exiting the Bank's portfolio in fiscal 1997 and 1998, more than 75 percent had satisfactory project outcomes. Thus the improvement in performance presaged by last year's Review has been sustained. There has also been a convergence in performance across regions and sectors, the result of major advances in Africa and in two of the poorest-performing sectors (finance and public sector management).
Les systèmes de notation des évaluations doivent accorder un poids plus explicite à l'impact social des projets et des programmes et aux effets considérables que des chocs extérieurs peuvent avoir sur les pauvres. En ce qui concerne les opérations de la Banque, il faut: Consolider les succès, en examinant les importants effets secondaires que peuvent avoir des activités liées entre elles sur les politiques et institutions d'un pays. Renforcer le soutien au développement institutionnel, en particulier pour les institutions financières et la protection sociale Passer du stade de projets isolés à une approche a long terme des pays au niveau aussi bien de la conception que de l'exécution des stratégies.
Fiscal disciplineYes, partiallyYes, generallyYesYes2. Redirection of public expenditure priorities toward health, education, and infrastructureYesYesYesYes, in the late 1980s3. Tax reform, including broadening the tax base and cutting marginal tax ratesUnclearYes, generallyYesYes, generally4. Unified and competitive exchange ratesYes, until 1996Yes, except for brief periodsYesYes, until 19915. Secure property rightsLimitedPresident Park started his rule in 1961 by imprisoning leading businessmen and threatening to confiscate their assetsYesLimited6.
1998 Annual Review of Development Effectiveness by Robert Buckley