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Romania - Financial and Enterprise Sector Adjustment Loan Project and Social Protection Adjustment Loan Project (Английский)

The outcome of both the Financial and Enterprise Sector Adjustment Loan (FESAL) Project and the Social Protection Adjustment Loan (SPAL) Project were rated as marginally satisfactory. Specific lessons emerge from the two projects include: 1) The design of the SPAL was weighted excessively toward short-term palliatives rather than structural improvements in the safety net. 2) Both loans included too many areas of reform and conditions. 3) Many FESAL and SPAL conditions were linked to processes, such as design and implementation of plans and report preparation, or to outcomes that are difficult to measure, such as "achieving substantial progress" in reform. As a result, monitoring performance became difficult and time consuming. 4) Government ownership, delivery capacity, and control over program implementation were inadequate for FESAL, especially for the revised program of 1997. Government ownership and participation were greater for SPAL, and existing programs and structures were used. 5) Reform programs requiring legal changes must carefully assess the legislative, legal and judicial system's ability to facilitate program implementation. Where impediments exist, the process and system should be strengthened through a separate project. 6) Privatization targets should focus on the percentage of state-owned assets actually transferred to private ownership and control.

Подробная Информация

  • Дата подготовки документа

    2001/02/16

  • Тип документа

    Доклад об оценке результатов деятельности по проекту

  • Номер отчета

    21854

  • Том

    1

  • Total Volume(s)

    1

  • Страна

    Румыния,

  • Регион

    Европа и Центральная Азия,

  • Дата раскрытия информации

    2017/11/20

  • Disclosure Status

    Disclosed

  • Название документа

    Romania - Financial and Enterprise Sector Adjustment Loan Project and Social Protection Adjustment Loan Project

  • Ключевые слова

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