The private sector contributes to economic development by generating jobs and incomes, as well as through investments, new technologies, knowledge transfer, and enhanced productivity. This is particularly true in Asia and the Pacific, where much of the recent success in reducing poverty has been due to robust economic growth stimulated by the private sector. The development challenges and investment needs of the region remain large and diverse. The Asian Development Bank (ADB) helps address these challenges and investment needs by assisting the private sector through the Private Sector Operations Department. This fifth annual report on the development effectiveness of ADB's private sector operations reviews how the Private Sector Operations Department has contributed to promoting ADB's development effectiveness agenda. The report features the direct and indirect impact of private sector assistance. It considers the value added by this assistance, highlighting performance trends and identifying actions required to improve results.

The 2013 Development Effectiveness Review (DEfR) is the seventh annual performance review of the Asian Development Bank (ADB) and the first to apply the revised corporate results framework. The DEfR uses the 89 performance indicators of the revised framework to assess progress in implementing Strategy 2020, ADB's long-term strategic framework. It evaluates ADB's strengths and identifies areas where performance needs to be improved. The findings of the 2013 DEfR will inform actions to improve ADB's performance.

The Mutual Review of Development Effectiveness is an exercise in mutual accountability undertaken jointly by ECA and the OECD following a request of NEPAD Heads of State and Government in 2003.

The 2014 Development Effectiveness Review (DEFR) is the eighth in a series of yearly reports by the Asian Development Bank (ADB) on its performance in achieving the priorities of Strategy 2020, its long-term strategic framework for 2008-2020. The results framework on which the DEFR is based was updated in 2014 to reflect the recommendations of the Midterm Review of Strategy 2020. The 2014 DEFR tracks recent development progress in Asia and the Pacific, assesses ADB's development effectiveness, and identifies areas where ADB's performance needs to be strengthened.

In order to maintain the strong progress achieved since 2000 and meet Africa's longer-term challenges, it is important for both African governments and their international partners to meet their development commitments and to monitor and evaluate their results.

This publication outlines the performance of the Asian Development Bank (ADB) in achieving the goals of Strategy 2030, the institution’s long-term strategic framework. It is the 14th in the series of annual reports that tracks development progress in Asia and the Pacific, assesses ADB's development effectiveness, and identifies areas where the institution's performance needs to be strengthened.

This publication outlines the performance of the Asian Development Bank (ADB) in achieving the goals of Strategy 2030, the institution's long-term strategic framework. It is the 13th in a series of annual reports that tracks development progress in Asia and the Pacific, assesses ADB's development effectiveness over the years, and identifies areas where the institution's performance needs to be further strengthened.