The audit rates the project outcome as satisfactory, sustainability as likely, and institutional development as substantial, concurring with the Implementation Completion Report's assessment. Key lessons suggest that: 1) results-based management is critical to the development effectiveness of technical assistance loans (TAL), mostly resulting from realistic schedules at entry. The perception among Bank staff that this operation was ineffective, - despite achievements - likely stems from the difficulties in measuring TAL results (building capacity; facilitating reform), from excessive preoccupation with measurable inputs (funds disbursed), and, process issues (extensions and amendments); 2) uncertain, and fast changing environments are not conducive to a blue-print approach to TAL, rather a more promising approach should have focused the TAL on few institutional, and policy objectives, using these to define activities through regular reviews during implementation; 3) since technical assistance (TA) is inherently difficult, risky, and experimental in the best of times, the Bank should create incentives, and provide resources for quality implementation assistance, for a bias for resource transfer, by the Bank and the Ministry of Finance, may have devalued the developmental role of TA for capacity building, and implementation of reforms; and, 4) further emphasis on timely monitoring, and evaluation of the privatization process is required for a continuous adaptation onto ongoing privatization programs.
Details
-
Document Date
2001/06/27
-
Document Type
Project Performance Assessment Report
-
Report Number
22467
-
Volume No
1
-
Total Volume(s)
1
-
Country
-
Region
-
Disclosure Date
2017/11/20
-
Disclosure Status
Disclosed
-
Doc Name
Bulgaria - Technical Assistance Project for Economic Reform
-
Keywords
Financial and Enterprise Sector Adjustment;Privatization;human resource and institutional development;institutional development impact;small and medium enterprise;legal and regulatory framework;economic and sector work;early stage of development;effects of policy changes;procurement and disbursement;quality of supervision;country assistance strategy;Country Assistance Strategies;implementation of reform;division of labor;law and regulation;
- See More
Downloads
COMPLETE REPORT
Official version of document (may contain signatures, etc)
- Official PDF
- TXT*
- Total Downloads** :
- Download Stats
-
*The text version is uncorrected OCR text and is included solely to benefit users with slow connectivity.
Citation
Bulgaria - Technical Assistance Project for Economic Reform (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/615061511185732108/Bulgaria-Technical-Assistance-Project-for-Economic-Reform