By Soniya Carvalho
This overview assesses, utilizing on hand review facts, how the area Bank's nation zone, and worldwide courses are supporting consumers paintings towards the MDGs and comparable ambitions. The findings of this year's Annual evaluation point out that the Bank's state, zone, and worldwide courses are in line with the MDG subject matters and feature more and more inquisitive about poverty aid. additionally they recommend a number of components for elevated emphasis, a few of that are receiving better financial institution recognition. especially, the financial institution must extra absolutely investigate the consequences on the company, state, region, and international degrees of the MDGs and deal with those implications in its use of lending and administrative assets.
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The focus on MDGs will increasingly require that the Bank and the countries make projections for various indicators to provide the basis for designing strategies to achieve the MDGs or similar targets. Of the 18 sampled CASs, fewer than half discussed projections of poverty levels. Although this was an improvement over previous CASs for the same countries, none of which had discussed projections of poverty, only the fiscal 2000 CAS for Burkina Faso based poverty projections on a formal model. For some countries, CASs used the government’s targets or poverty projections, such as those prepared for five-year plans, or “aligned” the Bank with the MDGs adopted by the government but did not explain the reason or basis for the alignment.
It will be important for the Bank to ensure the soundness of the projections on which it bases its strategies. The East Asia and Pacific Region has for some years published short-term projections of poverty that are used in the country dialogue on poverty reduction. The Latin America and the Caribbean Region has also recently prepared preliminary projections for selected MDGs to assess whether they will be achieved. Differences in projections resulting from methodology choices and data limitations should be explained to avoid confusion and to highlight the strengths and limitations of the different projection methods.
The MDG indicator “share of women in wage employment in the nonagricultural sector” can be expected to bring increased attention to women’s economic opportunities. In the absence of adequate guidance on how priorities should be set or tradeoffs made, it is not surprising that sector strategies are not fully reflected in country programs. For example, OED’s 2002 review of the water resource strategy found that while some country-specific water strategies have been developed, they are seldom linked to Country Assistance Strategies (CASs) or country priorities.
2002 Annual Review of Development Effectiveness: Achieving Development Outcomes : The Millennium Challenge by Soniya Carvalho