A crisis like no other. The COVID-19 pandemic triggered an unprecedented global public health and economic crisis, with a tragic loss of over 3 million lives around the world and over 140 million confirmed cases thus far. The ensuing economic fallout has also been severe, with global output…
This Annual Evaluation Review (AER) updates ADB’s performance and results from a high-level perspective, based on findings and evidence from Independent Evaluation Department (IED) evaluations and validations, and assesses ADB’s institutional response and support for the Sustainable…
This paper provides a synthesis of lessons from evaluations of PFM support by ADB, other multilateral development banks, and the International Monetary Fund, as well as lessons from research and analysis by other international organizations such as the Organisation for Economic Co-operation…
This report evaluates the influence and value added of IMF advice on capital flows focusing on the period since the approval of the IV. Lessons from this evaluation are particularly germane as the global outlook for capital flows following the COVID-19 shock remains highly uncertain. Together…