TITLE:
Statistical and Qualitative Evaluation of the Effectiveness of the African Development Bank’s Financial Sector Development Operations, 2011-2018
AUTHORS:
Albert-Enéas Gakusi, Barbara Scola, Zahra Khimdjee, Mohamed Coulibaly
KEYWORDS:
Financial Sector Development, Financial Instruments, Access to Finance, Relevance, Quality of the Design, Effectiveness, Efficiency, Impacts, Sustainability
JOURNAL NAME:
Modern Economy,
Vol.13 No.4,
April
13,
2022
ABSTRACT: This paper aims to present the results of the
evaluation of the financial sector development operations of the African
Development Bank during 2011-2018 to assess if the policy and strategy approved
in 2014 made a difference. To this end, the paper analyzes the financial sector
development portfolio while comparing the pre and post 2014 policy and strategy
periods. The evaluation found that the structure and the evolution of the
portfolio had many positives in line with the 2014 financial sector development
policy and strategy. It makes recommendations to improve the design of the new
strategy as well as the design and the implementation of the operations.