Trust Funds in the Pacific: Their Role and Future
Graham, Benjamin | June 2005
Abstract
Development in the Pacific remains a great challenge. Despite receiving decades and billions of dollars worth of development assistance, including Asian Development Bank (ADB) disbursements worth well over US$1 billion,1 the 14 Pacific developing member countries (PDMCs) still struggle to reach even modest levels of growth. Though their development performances vary and a few have demonstrated fair progress, altogether the results are not impressive. This long-standing situation, the so-called Pacific Paradox, has led some of the region’s more prominent development partners to begin seriously questioning the very feasibility of achieving financial and economic selfreliance. Nevertheless, as the PDMCs and their development partners renew their commitments to improved aid effectiveness and to combating poverty, new approaches need to be identified and deployed. One promising mechanism that has slowly penetrated the development scene is trust funds
Citation
Graham, Benjamin. 2005. Trust Funds in the Pacific: Their Role and Future. © Asian Development Bank. http://hdl.handle.net/11540/5460.Keywords
Results-Based Monitoring And Evaluation
Project Evaluation & Review Technique
Project Evaluation
Program Evaluation
Performance Evaluation
Operations Evaluation
Evaluation Methods
Evaluation
Cofinancing
Development Financing
Economic Development and Finance
Finance
Financial Advisory Services
Financial Assistance
Financial Support
Project Financing
Project Financing Justifications
Nonbank Financing
External Financing
Project impact
Development projects
Program management
Performance appraisal
Project appraisal
Technology assessment
ADB
Self Financing
Aid Financing
Financial Aid
Development Banks
Project Impact
Cumulative effects assessment
Grievance procedures
Participatory monitoring and evaluation
Development Banks
Asset allocation
Investment management
Commercial documents
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