Multilateral Banks and the Development Process: Vital Links in the Results Chain
Sep 2012 · Transaction Publishers
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179
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About this ebook
A chain is only as strong as its weakest link. When the links in the chain represent development projects, if individual projects fail to achieve their purpose, the development programâs effectiveness is compromised. When the chainâs links are strong and well-connected, the results are improved for the sector, country, and region. The role of multilateral banks is crucial; they inform the impact of development operations and support policymakers in decision making. This volume emphasizes that some crucial links in development tend to be systematically overlooked. In these matters, preoccupation with the immediate exigencies seems to come at the expense of attention to enduring problemsâat a great cost to society. Development practitioners should apply policies that have produced results over time, ensuring that the links in the chain are strong, but too often they overlook those linksâbecause of myopia, complexity, tradition, or special interests. This book will help policy makers and practitioners focus on the links that measure progress, apply lessons, and matter for lasting results.
About the author
Vinod Thomas is director-general of independent evaluation at the Asian Development Bank. Previously he was director-general and senior vice-president at Independent Evaluation Group at the World Bank Group, where he had also served as vice president of the World Bank Institute. His books include The Quality of Growth and The Lessons of East Asia.
Xubei Luo is a senior economist for the Independent Evaluation Group at the World Bank Group. Her work and research focus on the regional economy, growth, trade and logistics, the labor market, and poverty and inequality issues in the European Union and Southeast Asia.
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