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International Financial Institutions Agree to Share Data

International Financial Institutions Agree to Share Data to Improve Development Outcomes and Lay the Groundwork for the Post-2015 Development Agenda

WASHINGTON, April 22, 2013/ — Recognizing the power of information to shape better policies, guide development programs and increase accountability, UN Secretary-General Ban Ki-moon, along with leaders of six multilateral financial institutions, announced today that they would strengthen inter-agency sharing and collaboration on issues related to data and statistical capacity building. This will provide the global community with better statistical tools to measure progress toward the Millennium Development Goals (MDGs) and post-2015 development Donald Kaberuka – AfDB President_.jpgagenda and improve the lives of people in the developing world.

This historic meeting of resourceful institutions confirmed my belief that by working together we can demonstrate the power of multilateralism to secure a better future for all. The first-of-its-kind meeting and agreement will help us further deepen our joint work to meet the MDGs and develop a post-2015 agenda for a more prosperous, equitable and sustainable future,” said Secretary-General Ban Ki Moon.

Leaders of the African Development Bank, Asian Development Bank, Inter-American Development Bank, International Monetary Fund, Islamic Development Bank, the United Nations, and World Bank Group signed a Memorandum of Understanding (MoU) to collaborate in strengthening statistical capacity in member countries and to facilitate the sharing of data, tools, standards, and analysis to improve statistics for monitoring development outcomes. The European Investment Bank and the European Bank for Reconstruction and Development offered their full support for the goals of the MoU and will contribute to the post 2015 development agenda in their areas of expertise.

Speaking on behalf of signatories to the MoU, African Development President and Meeting Chairman Donald Kaberuka said, “More timely and better statistics provide the basis for understanding the social and economic circumstances in which people live, enabling better policies and programs. Stronger statistical capacity will also help drive more sophisticated decision making, for example, through the application of natural wealth accounting, a clearer understanding of the distributional effects of social and economic programs, and the ability to take account of the impacts of decisions on women. Our work together will help build the foundation for a robust post-2015 Agenda.”

Leaders reaffirmed their commitments to achieve the Millennium Development Goals, and discussed the opportunity to collaborate in the development of the post-2015 development agenda. “We need better information and we need it more frequently. This is the only way for us to know whether we are making progress toward our goals of improving the lives of the poor,” said Jim Yong Kim, President of the World Bank Group. “Just as the Millennium Development Goals profoundly shaped our approach to development at the turn of the century, we expect the post-2015 development agenda to help us define a vision for a more socially, environmentally, and economically sustainable development path.”

Source: African Press Organization on behalf of the African Development Bank.

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Developing Asia Faces New Era of Moderate Growth | ADB Report

3 October 2012 | HONG KONG, CHINA – The Asian Development Bank (ADB) is significantly scaling back 2012 and 2013 growth forecasts for developing Asia, saying that after years of rapid growth, the region must brace for a prolonged period of moderate expansion amidst an ongoing slump in global demand.


Watch ADB’s Chief Economist Changyong Rhee discuss the highlights of the report.

“Developing Asia must adapt to a moderate growth environment, and countries will need to do more to reduce their reliance on exports, rebalance their sources of growth, and increase their productivity and efficiency,” said Changyong Rhee, ADB’s Chief Economist. “These measures are critical if the region is to continue lifting its people out of poverty.”

In its Asian Development Outlook 2012 Update, released today, ADB projects the region’s gross domestic product (GDP) growth dropping to 6.1% in 2012, and 6.7% in 2013, down significantly from 7.2% in 2011. The deceleration of the region’s two giants – the People’s Republic of China and India – in tandem with the global slowdown, is tempering earlier optimism.

The report notes that the ongoing sovereign debt crisis in the euro area and looming fiscal cliff in the US could have disastrous spillovers to the rest of the world, particularly developing Asia.
View infographic in higher resolution.

The projected slowdown is likely to ease price pressures, however, with inflation falling from 5.9% in 2011 to 4.2% for both 2012 and 2013, assuming there are no spikes in international food and fuel prices.

The People’s Republic of China (PRC) is forecast to grow 7.7% this year and 8.1% in 2013, a dramatic drop from the 9.3% posted in 2011. The slowdown in the PRC is having a knock-on effect elsewhere in East Asia, with diminished demand for intraregional exports. Weak demand from industrialized countries is impacting East Asia’s exports, and growth in the subregion are now forecast at 6.5% in 2012, with an uptick to 7.1% in 2013.

For India, GDP growth will slow to 5.6% in 2012, down from 6.5% in 2011. The downward revision in India’s prospects, due in significant part to weak investment demand, is expected to slow South Asia‘s growth to 5.6% and 6.4% for 2012 and 2013, respectively.

Growth in Southeast Asia is expected to quicken to just over 5% in 2012, mainly due to Thailand’s recovery from severe flooding in 2011. Higher levels of government spending have contributed to growth in Malaysia and the Philippines, while investment and private consumption in the subregion are generally buoyant with inflationary pressures abating.

Economic activity in Central Asia is moderating as oil prices stabilize and external demand cools. GDP growth is now projected at 5.7% in 2012 and is expected to edge up to 6.0% in 2013.

The growth forecast remains unchanged for the Pacific region at 6% for 2012, where the resilience of larger Pacific countries, such as Papua New Guinea, is masking the weakening of some smaller economies.

If an extreme shock were to materialize, most economies in the region have room to use fiscal and monetary tools to respond. However, there is currently no region-wide need to pursue aggressive demand management. Rather, efforts should focus on the medium-term issue of continued soft external demand.

Developing a vibrant service sector in the region can supplement growth.

Asian Development Outlook and Asian Development Outlook Update are ADB’s flagship economic reports analyzing economic conditions and prospects in Asia and the Pacific, and are issued in April and October, respectively. See http://www.adb.org/news/developing-asia-faces-new-era-moderate-growth-adb-report

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adbresultsmatter.org | Results-focused Project Design and Management” (RfPDM) training

The site “Results-focused Project Design and Management” (RfPDM) is a platform where facilitation and development cooperation meet. While we cater primarily to the former and future participants of The Asian Development Bank’s (ADB) Training of Facilitators’ (TOF) and other alumni of our Results-focused Project Design and Management (RfPDM) workshops, our doors are open to development practitioners, trainers, facilitators, development executives, donors, consultants, contractors and project managers. This will insure broader sharing of experiences, perspectives and tools among colleagues and peers. http://adbresultsmatter.org

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Websites related to Development Effectiveness

Asian Development Bank’s MfDR Website
http://www.adb.org/results
ADB has just launched its new website on _Development Effectiveness and Results_. It merges content on MfDR and aid effectiveness to give users a more streamlined, easy-to-access web experience. The new site reports on what ADB is doing to achieve greater effectiveness and results, both within the institution and with its developing member countries. Browse the News section for articles, speeches, events, feature stories and multimedia related to development effectiveness.

Africa Platform on Development Effectiveness
http://www.africa-platform.org
The Platform brings consultation, coordination and a common voice to Africa’s development perspectives, strategies and policies focusing on capacity development, aid effectiveness and south-south cooperation.

BetterAid
http://www.betteraid.org
BetterAid unites over 1000 development organisations from civil society working on development effectiveness. BetterAid has been challenging the aid effectiveness agenda since January 2007 and is leading many of the civil society activities in the lead up to the HLF-4 in Busan.

capacity4dev.eu Public Group on Aid Effectiveness
http://capacity4dev.ec.europa.eu/pubaideffect/
Capacity4dev.eu is a growing online community for development practitioners. This interactive platform was set up by EuropeAid to enhance knowledge through the exchange of practices on effective international cooperation.

CSO Development effectiveness
http://www.cso-effectiveness.org.
New website on the effectiveness of civil organisations working in Development.

IATI is a global aid transparency standard
http://iatistandard.org
IATI consists of a set of aid information standards; an online registry of published data; and a governance and advocacy process that builds the case for transparency across the aid sector. IATI makes information about aid spending easier to access, use and understand.

IDEAS AidRating
http://www.aidrating.org
AidRating strives to contribute to better aid by measuring effectiveness/impact of interventions and making them comparable. In order to achieve this, we support full project related transparency by donors and contracting agencies.

Impact Evaluation, Development Effectiveness | 3IE
http://www.3ieimpact.org
The International Initiative for Impact Evaluations. Improving development effectiveness through better use of evidence from quality impact evaluation.

LenCD Learning Network on Capacity Development – Road to Busan http://www.lencd.org/group/busan
The ”Road to Busan” working group has identified 10 key priorities to pursue between now and the High Level Forum. All members of the Learning Network are invited to participate in any or all of these initiatives.

Make Aid Transparent campaign
http://www.makeaidtransparent.org
The Make Aid Transparent campaign is a coalition of 101 civil society organisations who have come together to call on donors to publish more and better information about the aid they give.

SDC Aid Effectiveness Network (SDC-AEnet)
http://www.sdc-aid-effectiveness.ch
The website of the Swiss SDC Community of Practice on matters related to Aid Effectiveness. You’ll find here information on the SDC-AEnet itself, as well as on the DAC hosted Working Party on Aid Effectiveness, and SDC’s role in it.

The Open Forum for CSO
http://www.cso-effectiveness.org
The Open Forum brings together civil society organisations from around the world to discuss the issues and challenges to their effectiveness as development actors. Its objective is to propose, by late 2011, a global effectiveness framework for CSOs. The Open Forum is accessible to all interested CSOs worldwide, including NGOs, church-related organisations, trade unions, social movements and grassroots organisations.

United Nations Development Group
http://www.undg.org/index.cfm?P=1412
The UNDG Task Team has agreed on a joint statement and key messages for HLF-4 on the global aid architecture and the role of multilateral institutions, capacity development, and on countries affected by conflict and fragility. The UNDG/ECHA Working Group on Transitions is used at the platform to develop coordinated and coherent UN messages on crisis and post-crisis issues, feeding in to the joint preparations of the UNDG task team, as well as to the relevant external processes, i.e. the International Dialogue on Peacebuilding and Statebuilding and the International Network on Conflict and Fragility (INCAF).

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Climate Change and Asian Development Bank

ADB is helping developing countries shift to low-carbon growth and protect those most vulnerable against the expected impacts of climate change. ADB’s long-term strategic framework for 2008-2020 (Strategy 2020) makes tackling climate change part of our core operations. ADB is supporting a comprehensive program of assistance to developing member countries for climate change mitigation and adaptation measures, and mainstreaming of climate change considerations into ADB operations. http://www.adb.org/Documents/Brochures/InFocus/climate-change.asp

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Impact Evaluation: The Experiences of Official Agencies | IDS

Aid effectiveness has long been disputed, after decades of inconclusive macroeconomic analysis. Now there is a growing body of evidence from detailed, field level, microeconomic impact evaluations. The articles in this IDS Bulletin show how the design of these studies increasingly address the various sources of bias for which previous projects were criticised. These later evaluations provide a firm basis on which to draw conclusions on aid effectiveness. Generalisations – bearing in mind specific contexts in which interventions have or have not worked – will come from further evaluations. This volume presents examples of these studies from a number of agencies: AFD, ADB, IDB, JBIC, the Netherlands Ministry for Foreign Affairs, USAID and the World Bank.

via Institute of Development Studies – Impact Evaluation: The Experiences of Official Agencies.

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ADB Strengthens Business Processes to Boost Quality, Responsiveness of Work

ADB has begun implementing sweeping new changes to the way it does business to improve the quality and responsiveness of its work. Starting this January, business processes are being streamlined to make them more efficient, to lower transaction costs, and to enable ADB to respond swiftly to client needs. The improvements will help ADB realize the development goals laid out under its long term strategic framework, Strategy 2020, in order to achieve its overarching vision of a region free of poverty. http://www.adb.org/article.asp?id=13133

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Asia must promote employment, support those without decent jobs, ADB says

Creating the conditions for good jobs and, more importantly, social protection programs for those unable to find decent work is an urgent priority for governments in Asia and the Pacific, Asian Development Bank (ADB) Vice President Ursula Schaefer-Preuss told a conference in Ha Noi, Viet Nam. Speaking at the conclusion of a three-day conference titled ”The Impact of the Global Economic Slowdown on Poverty and Sustainable Development in Asia and the Pacific,” Ms. Schaefer-Preuss said that the recent global economic downturn has cut demand for the exports on which the region’s economies depend, forcing job cuts in many of the industries that send their goods overseas and slashing the incomes of thousands of people in the region. Many may struggle to find alternative employment. ”Before the crisis – in the context of high growth rates – only about half of the region’s young labor entrants could find decent jobs, while the rest had to sustain themselves and their families through the informal sector,” said Ms. Schaefer-Preuss. ”The need for social protection strategies to address the post-crisis labor market becomes more urgent with the prospect that growth rates may not reach the levels of just a few years ago.” The conference, organized by the ADB, together with the governments of Viet Nam and the People’s Republic of China, the ASEAN Secretariat and nine development partners, saw over 350 representatives from ADB, regional governments, civil society, intergovernment organizations and academe discuss the social impact of the global crisis and the need for social policy reforms. http://www.adb.org/Media/Articles/2009/13020-asian-employments-priorities/

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Asia’s Progress on Millennium Development Goals Remains Mixed

Asia and Pacific countries continue to make broad progress in reducing extreme poverty but hunger still remains widespread and many economies are struggling to meet other Millennium Development Goals, including reductions in maternal mortality rates and access to sanitation, latest available data show. Source: ADB http://www.adb.org/article.asp?id=12968

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Bleak outlook for developing Asia, but region can cope with crisis, says ADB

Developing Asia’s economic growth will slow in 2009 to its most sluggish pace since the 1997/1998 Asian financial crisis, the Asian Development Bank (ADB) says in a new major report. The Asian Development Outlook 2009 forecasts economic growth in developing Asia will slide to just 3.4% in 2009, down from 6.3% last year and 9.5% in 2007. If the global economy experiences a mild recovery next year, the outlook for the region will improve to 6% in 2010. Deteriorating economic prospects will hinder the efforts to reduce poverty. With the slow growth, more than 60 million people in 2009, and close to 100 million people in 2010, will remain trapped in poverty – living on less than US$1.25 a day – than would have been if growth had continued at its earlier pace. Despite the dismal outlook, the report says that the region is in a much better position to cope with this crisis than it was in 1997/98. http://www.adb.org/projects/project.asp?id=39264