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Displaying 76 - 90 of 484

Lesson
ADB’s programmatic approach provides the greatest scope and flexibility for achieving the quality of policy dialogue required by structural reforms

Project Number: 51060-002, 51060-003
Project Name: Public Efficiency and Financial Markets Program (Subprograms 1 and 2)
Report Date:
Lesson
ADB’s programmatic approach to reforms can trigger long-lasting changes in the institutional and policy environment of Armenia and this needs to continue under the new government.

Project Number: 51060-002, 51060-003
Project Name: Public Efficiency and Financial Markets Program (Subprograms 1 and 2)
Report Date:
Lesson
Project implementation highlights the importance of increased accountability and ownership by all stakeholders in achieving the project’s intended outcome. This, along with a well-designed capacity building intervention for implementing agencies, would help facilitate timely implementation and achievement of project results. Complex projects with many components and a wide geographical coverage require a high level of government commitment and ownership.

Project Number: 37749-013
Project Name: Agrarian Reform Communities Project II
Report Date:
Lesson
Ensuring that an acceptable cost-sharing arrangement is in place at the outset, prior to project launch, can help minimize project risks. The rural infrastructure component comprising 80% of total actual project cost was not achieved largely as the LGUs were unable to raise the required counterpart contributions. Moreover, it is essential that appropriate due diligence and risk assessment are undertaken and that risk mitigation measures concerning the financial capability of participating local governments are identified at the outset.

Project Number: 37749-013
Project Name: Agrarian Reform Communities Project II
Report Date:
Lesson
Drawing on lessons from similar previous TA projects can help in robust design that is responsive to DMC needs, isrealistic, and adopts best practice. This could help to get greater stakeholder engagement in complex processes such as regional capital market integration.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
This validation offers the following lesson: although TA design may identify a particular model of consultancy, these needs may evolve during the program requiring adjustment. In this case, in developing a model that responded to the needs of ACMF’s working group on corporate governance, the TA project shifted its approach since the regulators felt that an audit firm (rather than consultants) would lend more credibility and recognition to the validation exercise.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
This validation has rephrased the recommendation into a lesson as follows: Providing adequate visibility to partners who have either financed the project or have special interest and stake in seeing its success is necessary to ensure their continued support.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
This validation agrees that cooperation and coordination, especially with other ADB departments, is important. This was a missed opportunity for this TA project. It is, however, not clear though why a visit to the People's Republic of China is required or recommended for the next ACMF TA.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
This validation offers the following lesson: it is important to work and clearly communicate with ACMF and its working groups to get buy-in to the TA project. This is evident in how stakeholders noted their appreciation to this approach.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
This validation offers the following lesson: keeping the stakeholders engaged through national interventions and securing sources of post-TA financial resources (unless the TA project was a project preparation TA) is important especially for capacity building TA projects, to ensure continuity and sustainability of the project.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
Identifying critical risks and assumptions are an important element of design. However, design could also usefully identify mechanisms to mitigate these risks.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
This validation agrees with the lesson of building awareness for the work done under the TA project. However, it is unclear why awareness-building beyond ASEAN is required for this TA project. One can surmise that it could be for the goals of attracting capital. However, the role of partnership with foreign academic institutions is unclear beyond the publication of potential knowledge products. This lesson or recommendation should then be classified under partnership and cofinancing.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
This validation agrees with the recommendation and rephrases this as a lesson: Partnering with operational projects within ADB is an important step in ensuring that other DMCs outside ASEAN can develop their capital markets and improve governance standards of publicly listed companies.

Project Number: 48143-001
Project Name: Enhancing Association of Southeast Asian Nations Capital Market Integration
Report Date:
Lesson
This does not read like a lesson, but a description of what happened. A lesson could be that the sharing of best practices among institutions engaged in the sector and any partnership groups among DPs can greatly contribute to the outcomes of a TA.

Project Number: 51364-001
Project Name: Establishment of Kazakstan Knowledge Center on Integrated Water Resources Management
Report Date:
Lesson
Suggested lesson: Approval of the proposed establishment of a center (the project outcome) was given first immediately before the project closure. Limited support from the government constrained the approval of the proposal to establish the KKC-IWRM. Hence, the staff faced increasing pressure to have it approved before the project closed. Nonetheless, the approval came on 17 September 2019, just before the project closure.

Project Number: 51364-001
Project Name: Establishment of Kazakstan Knowledge Center on Integrated Water Resources Management
Report Date: