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Ukraine - Agriculture Sector Adjustment Loan Project (English)

The audit rates the outcome of the project as marginally satisfactory, sustainability as uncertain, and the institutional development impact as modest. Although the project objectives were highly relevant to the country's development objectives for a transition to a market economy, by increasing agricultural productivity, and competitiveness, the limited political consensus for reform was conducive to an unsatisfactory performance by the Borrower, in spite of an overall satisfactory performance by the Bank, who established a coherent framework for policy reform, and a high quality sector work. Lessons suggest that, regardless of a high quality sector work, the Bank must broaden the range of partners, and stakeholders, so as to enhance the domestic ownership of reforms, and advance the reform agenda. This is reflected in the lack of a credible forum, where workable consensus could have been reached, suggesting that the process of policy, and institutional reform, is as important as the substance of the reforms, in achieving success. Furthermore, realistic changes in institutional legislation, regulations, and procedures are also required for reforms to become effective. And, in order to attract the private sector in supplying agricultural inputs, explicit measures need to demonstrate credibility, and commitment by the government, in maintaining the policy reforms.

Details

  • Document Date

    2000/06/30

  • Document Type

    Project Performance Assessment Report

  • Report Number

    20687

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Ukraine,

  • Region

    Europe and Central Asia,

  • Disclosure Date

    2017/11/20

  • Disclosure Status

    Disclosed

  • Doc Name

    Ukraine - Agriculture Sector Adjustment Loan Project

  • Keywords

    economic and sector work;agricultural input;agricultural enterprise;land reform;State and Collective Farms;agricultural product;farm restructuring process;institutional development impact;International Trade;agricultural market;export tax;farm debt;land share certificate;terms of trade;balance of payment;sector adjustment loan;current account deficit;decline in agriculture;agricultural input market;public information program;domestic capital market;agricultural sector;political consensus;structural adjustment loan;intensive livestock production;agricultural policy analysis;lines of credit;producer subsidy equivalent;adequate financial resources;rate of inflation;Support for Agriculture;payment of tax;agriculture sector;procedures for exchange;public information campaign;cooperation and assistance;agricultural commodity exchange;senior government official;agricultural production system;agriculture sector adjustment;domestic consumer price;implicit export taxes;market facilitator;Agricultural Institution;state procurement;export quota;grain product;reform process;competitive basis;satisfactory progress;land sale;agriculture system;grain elevator;legal priority;rural income;sunflower seed;Privatization;credible commitment;land plot;stated objective;input flow;export duties;profit tax;audit rate;domestic stakeholders;market entry;agricultural information;price margin;agricultural economy;investment purpose;working capital;trade contract;farm management;political power;political opposition;legal basis;foreign investor;private ownership;world price;domestic price;state ownership;agricultural output;transparent market;domestic ownership;sustainable outcomes;operational efficiency;investment loan;urban agricultural policy;policy reversal;continuous consultation;financing plan;Financing plans;legal opinion;legal specialist;government's budget;market liberalization;direct participant;pension liabilities;competitive market;budget law;audit mission;agricultural resource;stabilization program;agricultural land;export contracts;productive asset;Real estate;agricultural marketing;privatization process;state purchases;urban land;profit margin;open tender;tranche release;project's achievements;large farm;government's commitment;parliamentary opposition;long-term benefits;government institution;policy stability;future debt;input supply;blunt instrument;executive branch;agricultural liberalization;regional operation;fiscal deficit;borrower performance;fundamental problem;hybrid loan;private saving;increased imports;agricultural equipment;product price;grain marketing;increasing exports;administrative budget;grain movement;foreign competitor;psychological effect;legal protection;farm land;institutional mechanism;credit market;farmer debt;farm sector;political commitment;vested interests;project costing;institutional performance;market specialist;public resource;government's policy;inefficient market;state trading;partial compensation;grain handling;national monopoly;collusive practice;industry association;central control;privatization program;political risk;monopoly enterprise;loan fund;investment proposal;foreign supplier;cash crop;plenary session;administrative support;market economy;investment level;labor incentive;Energy Sector;macroeconomic impact;simplified procedures;legal counsel;policy slippage;farm level;reform effort;coherent framework;Financial Sector;policy regime;resume preparation;title registration;field trip;livestock operation;local farmer;long-term impact;food consumer;national budget;

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Citation

Ukraine - Agriculture Sector Adjustment Loan Project (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/514261511188802515/Ukraine-Agriculture-Sector-Adjustment-Loan-Project