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Lesson
A related point here is that knowledge products dissemination activities with purposively identified audience are critical to knowledge transfer and capacity development. In this regard, the TCR could have looked into the underlying reason for the no preparation or submission of the policy brief, and no conduct of the final dissemination event. In so doing, potential lessons and operational learning could be identified to benefit future policy and advisory TAs.

Project Number: 48460-001
Project Name: Promoting the Decisive Role of Market in Resource Allocation
Report Date:
Lesson
Agree. The TCR could have identified the study findings that would be more realistically relevant and useful to other ADB member countries. Given the PRC’s unique institutional and policy environment, it is likely that the study findings on the reform of monopolized industries and promotion of private sector development could be of greater value to other member countries than the reform of SOEs and labor market.

Project Number: 48460-001
Project Name: Promoting the Decisive Role of Market in Resource Allocation
Report Date:
Lesson
Agree. It would be useful if the TCR could identify and discuss the inconsistency in scope of study between actual TA_x005F_x0002_produced reports and the planned reports as detailed in the TA report's methodology and key activities. The same applies to the no submission of the policy brief, no conduct of the international study tour, and the final dissemination event. It should be clarified whether these changes were decided in consultation with executing agency, implementing agency, and other stakeholders.

Project Number: 48460-001
Project Name: Promoting the Decisive Role of Market in Resource Allocation
Report Date:
Lesson
Agree. But the TCR did not provide any explanation on why the final dissemination event was not held, despite that there were adequate TA resources to support this activity. For the TA-produced general synthesis report and the three subreports, the TCR provided no information other than their titles.

Project Number: 48460-001
Project Name: Promoting the Decisive Role of Market in Resource Allocation
Report Date:
Lesson
The TCR should have provided more details about consultants and their work. The TA fund was underutilized, with the consultants’ costs reduced from $370,000 to $228,000.Substantial TA outputs were also under-delivered. The TCR should have investigated and discussed why this was the case. Meanwhile, it would have been useful to also discuss the performance of ADB staff, the executing agency, and the implementing agency, in the context of under-delivered TA outputs.

Project Number: 48460-001
Project Name: Promoting the Decisive Role of Market in Resource Allocation
Report Date:
Lesson
The TCR could have provided more details in its sections about conduct of activities, implementation arrangements, and assessment ratings to substantiate this lesson. While the TA’s extension by 1 year and 9 months could be an indicator of inadequate coordination, more descriptive and analytical details should have been provided to make this lesson evidence_x005F_x0002_based and relevant.

Project Number: 48460-001
Project Name: Promoting the Decisive Role of Market in Resource Allocation
Report Date:
Lesson
The TCR could also have augmented its analysis in addition to listing the titles of the consultants’ reports. For a policy and advisory TA with the target of developing policy analysis for government agencies’ reference and consideration the TA’s findings and policy recommendations should offer inspiring perspectives and insights that are addition to what, in the absence of the TA, would have been available to and well known by the targeted audience. To this end, the TCR should have adequately discussed the reports’ contents and quality.

Project Number: 48460-001
Project Name: Promoting the Decisive Role of Market in Resource Allocation
Report Date:
Lesson
A lesson could be identified here: The outcome indicator(s) of a policy and advisory TA shall be deliberately designed to establish a reasonable cause–effect relationship between outputs and outcome, and, therefore,ensure a logical appropriateness and continuum of the DMF results chain. It isimportant that the outcome indicator(s) reflect the immediate and direct benefits of application of TA outputs, rather than aim to address a high-level development issue, which would bedisproportionately ambitious and complex for a TA.

Project Number: 48460-001
Project Name: Promoting the Decisive Role of Market in Resource Allocation
Report Date:
Lesson
Agree. However, such alignment was a necessary, but insufficient prerequisite to developing relevant and useful knowledge products and policy recommendations. The TCR could have more thoroughly discussed the TA design, with particular attention to the DMF results chain (refer to Relevance section for details). It could also have further discussed on the unattained ambitious outcome performance indicators from the perspective of DMF design.

Project Number: 48460-001
Project Name: Promoting the Decisive Role of Market in Resource Allocation
Report Date:
Lesson
In the TCR’s Conduct of Activities section, it mentioned: “The nowcasting study featuring Indonesia was completed and published in the ADB Economics Working Paper series in December 2015 and in Empirical Economics journal in June 2017. This tool has been used regularly by the Indonesia Resident Mission to support their growth forecasts since 2016 and has also been shared to the Fiscal Policy Agency of the Ministry of Finance and Ministry of National Development Planning of the Republic of Indonesia to enrich their suite of tools for conducting macroeconomic monitoring.

Project Number: 47146-001
Project Name: Macroeconomic Modelling for Improved Economic Assessment
Report Date:
Lesson
TCR did not include a lesson for this criterion, however, a relevant lesson can be found in the Follow_x005F_x0002_up Actions section: “To build upon the achievements of the project, a new KSTA [knowledge and support technical assistance] on Deepening Understanding of Macroeconomic Fluctuations in Developing Member Countries for Improved Economic Assessment was approved on 21 June 2018 to further deepen understanding of macroeconomic fluctuations in DMCs for improved economic assessment.

Project Number: 47146-001
Project Name: Macroeconomic Modelling for Improved Economic Assessment
Report Date:
Lesson
Agreed. A useful lesson is the importance of partnering with other knowledge institutions to tap expertise and efficiently use financial resources.

Project Number: 47146-001
Project Name: Macroeconomic Modelling for Improved Economic Assessment
Report Date:
Lesson
Agreed. A useful lesson is the importance of partnerships with the client to ensure buy-in and follow through, and to tailor to additional capacity building demands from the DMCs

Project Number: 47146-001
Project Name: Macroeconomic Modelling for Improved Economic Assessment
Report Date:
Lesson
Agreed. Another useful lesson is the importance of involving clients in a hands-on manner to build a technical product and ensure the transfer of technical expertise, and the subsequent adoption or uptake

Project Number: 47146-001
Project Name: Macroeconomic Modelling for Improved Economic Assessment
Report Date:
Lesson
Another lesson relating to the TA is the selection of appropriate design and monitoring framework indicators that pertain to the effective utilization of knowledge products. Since the main outputs of regional capacity development TAs are knowledge products, monitoring the extent of utilization or uptake of the knowledge products produced within and/or outside ADB would benefit from user surveys or interviews. These surveys and interviews can help provide insights into how the knowledge products have benefited their users.

Project Number: 47146-001
Project Name: Macroeconomic Modelling for Improved Economic Assessment
Report Date: