The Development Effectiveness Review is ADB’s primary tool for monitoring and strengthening its progress on the priorities of Strategy 2020 and its midterm review.
The annual per capita gross domestic product growth rate in developing member countries (DMCs) of the Asian Development Bank (ADB) remained robust at 5.4% in 2016 but declined slightly from the preceding year. Poverty reduction has continued, but 326 million of the region’s people still lived below the extreme poverty line in 2013, according to the most recent data, and nearly 1 billion others were positioned only slightly above it. Inequality declined slightly in some ADB DMCs, but the gap between rich and poor remains substantial.
While the success rates for ADB’s sovereign policy-based operations remained steady in 2017, the rate for sovereign projects dipped slightly after particularly strong 2016 results. The nonsovereign operations success rate fell as well. ADB continued its above-target performance in delivering gender equality results, but it also faced an ongoing challenge to ensure that the outcomes and benefits of its projects are sustained. Most of the operations ADB completed in 2017 delivered their targeted results in ADB’s core sectors of focus.
The Transitional Results Framework, 2017–2020, on which this report is based, preserves the previous framework’s four-level structure, aligns selected indicators with the Sustainable Development Goals, and incorporates revised targets and baselines. The review uses the transitional results framework’s 85 indicators as a yardstick to monitor progress in the Asia and Pacific region and assess ADB’s performance in delivering development results.
The 2017 Development Effectiveness Review (DEfR) is the 11th in a series of yearly reports by the Asian Development Bank (ADB) on its performance in achieving the priorities of Strategy 2020, its long-term strategic framework for 2008–2020. The 2017 DEfR tracks recent development progress in Asia and the Pacific, assesses ADB’s development effectiveness, and identifies areas where ADB’s performance needs to be strengthened.