By Soniya Carvalho
This assessment assesses, utilizing to be had assessment proof, how the realm Bank's nation zone, and worldwide courses are assisting consumers paintings towards the MDGs and similar pursuits. The findings of this year's Annual evaluation point out that the Bank's kingdom, zone, and international courses are in step with the MDG issues and feature more and more fascinated with poverty aid. in addition they recommend numerous parts for elevated emphasis, a few of that are receiving better financial institution awareness. especially, the financial institution must extra absolutely check the consequences on the company, state, area, and international degrees of the MDGs and handle those implications in its use of lending and administrative assets.
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Additional resources for 2002 Annual Review of Development Effectiveness: Achieving Development Outcomes : The Millennium Challenge
Targets can be used to structure incentives. For example, many organizations use performancerelated pay to do so. It is important, however, to design incentives that reward genuine value added or difference-made characteristics. For example, exam results can be a poor guide to the quality of teaching. It may be easier to teach prosperous, well-motivated children who easily obtain good results than poor and poorly motivated children, for whom average results may represent an excellent outcome. Reciprocal accountability.
The way that the Bank and countries interpret the MDGs needs to be clarified and examined. Do they treat the goals as a stimulus to enhanced efforts at reducing poverty in all member countries, albeit with an emphasis on the poorest countries? Or do they interpret them to mean a call to concentrate specifically on the poorest countries, and within them on those earning less than $1 per day? The appropriateness of the interpretation will depend on the country’s circumstances. Depending on the interpretation, there may be significant implications for the deployment of Bank resources across sectors and countries.
Plans should be made, but it should be possible to make revisions quickly as conditions warrant. This is particularly important where the operating environment is evolving. Source: Based on Maxwell (forthcoming); Maxwell and Kenway 2000; and Bank staff comments. 6 THE MDGS AS A BENCHMARK FOR DEVELOPMENT EFFECTIVENESS formance be sustained and that the Bank increase its efforts to help clients achieve country-level improvements in economic well-being, human development, environmental sustainability, and other relevant development outcomes.
2002 Annual Review of Development Effectiveness: Achieving Development Outcomes : The Millennium Challenge by Soniya Carvalho