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Displaying 1 - 15 of 15

Lesson
ADB’s participation in a country-driven program, by bringing knowledge and experience in addition to financing, catalyzes interest and cofinancing from other development agencies. This program was a critical element for enhancing the entire ecosystem of housing financing and mortgage market, helping lay thegroundwork for diversified funding and private sector involvement.

Project Number: 50022-002
Project Name: Affordable Rural Housing Program
Report Date:
Lesson
The government’s internal approval processes need to be carefully considered when designing and implementing a policy reform program. In Viet Nam, the consensus-building approach to policymaking requires significant time and coordination, particularly for policies that would entail changes to the legal framework. The process for amending laws is a significant constraint, as the lawmaking cycle usually takes 5 years. Inadequate consideration of these features of policymaking and lawmaking in Viet Nam could lead to unrealistic program schedules.

Project Number: 49331-001
Project Name: Financial Sector Development and Inclusion Program
Report Date:
Lesson
The existence of a national sector strategy that serves as a blueprint to identify progress and near-term and future reforms needed to grow the sector is another reason for the suitability of the PBL programmatic approach. Government coordination and ownership of reforms articulated through a series of national sector strategies are necessary to ensure that financial sector development is based on predetermined steps, with each one supported by interagency coordination to achieve broad support for reforms.

Project Number: 44263-013, 44263-015, 44263-016
Project Name: Inclusive Financial Sector Development Program
Report Date:
Lesson
The project's use of leasing, a financing instrument not used in previous ADB FILs in Uzbekistan, was positive as it provided alternative financing depending on the needs of customers.

Project Number: 42007-018
Project Name: Small Business Finance Project
Report Date:
Lesson
The importance of a comprehensive strategic framework that broadens and deepens financial inclusion based on robust diagnostics and analytical work. The rationale for reform and policy actions are to be drawn from these diagnostics, and actions are prioritized and sequenced in addressing the constraints and bottlenecks. Regulatory constraints, institutional capacity limitations, deficiencies in technology infrastructure, and extent of financial literacy need to be clearly identified and assessed based on the analytical work.

Project Number: 48207-001, 48207-002, 48207-004
Project Name: Financial Market Development and Inclusion Program
Report Date:
Lesson
Appropriate targeting method and the quality of the fiscal stimulus are crucial in supporting CSF programs.

Project Number: 50145-001
Project Name: Countercyclical Support Facility Program
Report Date:
Lesson
Strong analytical work supported with sex-disaggregated data is necessary to back-up and sustain the commitments of the government to prioritize interventions directly targeting women.

Project Number: 45230-001
Project Name: Women’s Entrepreneurship Support Sector Development Program
Report Date:
Lesson
A major constraint to the sustainability of reforms in macroeconomic management and financial sector development in small economies is the difficulty in recruiting, training, and retaining staff to undertake key analysis, supervision, and management functions.

Project Number: 46371-002
Project Name: Strengthening Economic Management Program II
Report Date:
Lesson
Reforms should be prioritized by considering institutional readiness at all levels. If reforms include multiple sectors, it may be necessary to focus on sectors in which the probability of reforms being achieved is relatively high.

Project Number: 40009-013, 40009-023, 40009-33, 40009-43
Project Name: Infrastructure Reform Sector Development Program (Subprograms 1, 2, and 3, and an Infrastructure Project Development Facility)
Report Date:
Lesson
The policy matrix should have been streamlined to focus on the achievements of substantive key actions.

Project Number: 40009-013, 40009-023, 40009-33, 40009-43
Project Name: Infrastructure Reform Sector Development Program (Subprograms 1, 2, and 3, and an Infrastructure Project Development Facility)
Report Date:
Lesson
The capacity of local governments may vary, hence, particular attention on capacity building is likely to be necessary at this level.

Project Number: 40009-013, 40009-023, 40009-33, 40009-43
Project Name: Infrastructure Reform Sector Development Program (Subprograms 1, 2, and 3, and an Infrastructure Project Development Facility)
Report Date:
Lesson
In a decentralized country like Indonesia, the role of local governments is important.

Project Number: 40009-013, 40009-023, 40009-33, 40009-43
Project Name: Infrastructure Reform Sector Development Program (Subprograms 1, 2, and 3, and an Infrastructure Project Development Facility)
Report Date:
Lesson
Technical assistance will play an important role to support line ministries, and to ensure their buy-in.

Project Number: 40009-013, 40009-023, 40009-33, 40009-43
Project Name: Infrastructure Reform Sector Development Program (Subprograms 1, 2, and 3, and an Infrastructure Project Development Facility)
Report Date:
Lesson
Sustained policy dialogue with government over the years, ownership, and long-term commitment of the government to reforms are key factors for success.

Project Number: 44252-013
Project Name: Financial Market Development and Integration Program
Report Date:
Lesson
It is problematic to use a country's overall position in the Doing Business report to monitor progress in improving the business environment and overall competitiveness. The report has been subject to criticism and methodological problems have been identified. Its usefulness for monitoring progress in similar programs lies more in monitoring the country's performance over time - particularly in indicators that are not sensitive to the representative case used by the World Bank team - rather than measuring progress against other economies.

Project Number: 41544-022
Project Name: Investment Climate Improvement Program
Report Date: