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Mongolia - Country Assistance Program Evaluation

Mongolia - Country Assistance Program Evaluation

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04/10/2012

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ASIAN DEVELOPMENT BANK 
 
CAP: MON 2002-12COUNTRY ASSISTANCE PROGRAM EVALUATIONINMONGOLIA
October 2002
 
 
CURRENCY EQUIVALENTS
Currency Unit – togrog (MNT)
1991 1994 2000 2002
MNT1.00 = $0.04 $0.0024 $0.00106 $0.00091$1.00 = MNT25 MNT409 MNT944 MNT1,097
ABBREVIATIONS
 ADB Asian Development Bank ASP1 first Agriculture Sector Program ASP2 second Agriculture Sector ProgramCMEA Council for Mutual Economic AssistanceCAP country assistance planCAPE country assistance program evaluationCOS country operational strategyCSP country strategy and programDMC developing member countryEA executing agencyEIA environmental impact assessmentETSW economic, thematic, and sector workFSP1 first Financial Sector ProgramFSP2 second Financial Sector ProgramFSU former Soviet UnionGDP gross domestic productGRP Governance Reform ProgramHRD human resources developmentIMF International Monetary FundISP Industrial Sector ProgramLao PDR Lao People’s Democratic RepublicMARA Mongolia Asset Restructuring AgencyMNE Ministry of Nature and EnvironmentMID Ministry of Infrastructure DevelopmentNGO – nongovernment organizationNSO National Statistical OfficePCR project completion reportPPAR project performance audit reportPRC People’s Republic of ChinaSOE state-owned enterpriseTA technical assistanceUN United NationsUNDP United Nations Development Programme
NOTES
(i) The fiscal year (FY) of the Government of Mongolia ends on 31 March.(ii) In this report, “$” refers to US dollars.
Operations Evaluation Department, CE-3
 
 
CONTENTS
BASIC DATA ii
 
EXECUTIVE SUMMARY iii
 
I.
 
BACKGROUND 1
 
 A.
 
Mongolian Context 1
 
B.
 
Purpose and Methodology of the Evaluation 4
 
II.
 
COUNTRY OPERATIONS 5
 
 A.
 
Economic, Thematic, and Sector Work 6
 
B.
 
Country Operational Strategies and Country Assistance Plans 7
 
C.
 
 ADB Operational Program 1991–2001 11
 
III.
 
SUPPORTING TRANSITION 14
 
 A.
 
Building Capacities and Developing Institutions 15
 
B.
 
Reforming Policies 19
 
C.
 
Reorienting and Diversifying the Economy 25
 
D.
 
Transforming the Financial System 29
 
IV.
 
ENVIRONMENT 33
 
 A.
 
Strategic Directions 33
 
B.
 
Institutional Issues 34
 
C.
 
Sector Responses 35
 
V.
 
OVERALL ASSESSMENT 36
 
 A.
 
Right Choices? 36
 
B.
 
Done Right? 37
 
C.
 
Contributing to Country Performance 37
 
D.
 
Stakeholder Performance 40
 
VI.
 
CONTINUING TRANSITION AGENDA 43
 
 A.
 
Lessons Learned 43
 
B.
 
Future Strategy and Program 45
 
 APPENDIXES1. Economic, Thematic, and Sector Work 472. Loans 513. Technical Assistance 524. Summary of Evaluation Reports 55 SUPPLEMENTARY APPENDIXES (available upon request) A. Case Study Report on Policy ReformsB. Case Study Report on Economic ReorientationC. Case Study Report on Transforming the Financial SystemD. Case Study Report on Environment and Natural Resources

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