This evaluation assesses the development effectiveness of the World Bank's lending and non-lending assistance to the Russian Federation since 1991, a 10-year period of tumultuous political, economic, and social change. This report concludes that an assistance strategy, concentrating on analytical and advisory services with limited financial support for Russia, would have been more appropriate than one involving large volumes of adjustment lending.

This book discusses and dissects the strategies of international institutions and donors to assist it in its economic and political transition to a market economy. Considerable detail is provided on the activities of the International Monetary Fund (IMF), the European Bank for Reconstruction, the World Bank, and the European Union in Russia. The book is based on a GAO Report that has been excerpted and augmented by explanatory commentary. A full subject index is provided.

Russia's Economic Transitions examines the three major transformations that the country underwent from the early 1860s to 2000. The first transition, under Tsarism, involved the partial break-up of the feudal framework of land ownership and the move toward capitalist relations. The second, following the Communist revolution of 1917, brought to power a system of state ownership and administration - a sui generis type of war-economy state capitalism - subjecting the economy's development to central commands. The third, started in the early 1990s and still unfolding, is aiming at reshaping the inherited economic fabric on the basis of private ownership. The three transitions originated within different settings, but with a similar primary goal, namely the changing of the economy's ownership pattern in the hopes of providing a better basis for subsequent development. The treatment's originality, impartiality and historical breadth have cogent economic, social and political relevance.

The World Bank's support in fostering growth and reducing poverty has contributed to the considerable economic success of MIC countries. But to produce greater development benefits, it has to become more agile and draw upon MICs' own capacity much more systematically, connecting such capabilities to help low-income countries and to tackle global challenges. The Bank's work has to more clearly demonstrate best practice to deliver impact beyond its limited direct role.

This volume reports on a conference held by the World Bank's independent Operations Evaluation Department (OED) to discuss the Bank's rote in global program partnerships. The starting point for the discussions was a comprehensive review by OED of the effectiveness of 26 of the largest programs, including the Consultative Group on International AgricuRural Research and programs in health, environment, and trade. Participants at the conference provided crosscutting lessons about program design, implementation, and evaluation, and shared views about how the Bank can best help build commitment and assure financing for high priority global public goods that benefit the poor.

An independent evaluation of the World Bank's extensive support to developing countries on trade issues between 1987 and 2004. The study assesses the development effectiveness of World Bank trade-related advocacy, capacity-building, lending and research. It examines the extent to which the Bank's policies and assistance have met its stated objectives in the area of trade and makes recommendations to strengthen the effectiveness of future Bank trade assistance.

Russian history is first and foremost a history of personalized power. As Russia startles the international community with its assertiveness and faces both parliamentary and presidential elections, Lilia Shevtsova searches the histories of the Yeltsin and Putin regimes. She explores within them conventional truths and myths about Russia, paradoxes of Russian political development, and Russia's role in the world. Russia--Lost in Transition discovers a logic of government in Russia--a political regime and the type of capitalism that were formulated during the Yeltsin and Putin presidencies and will continue to dominate Russia's trajectory in the near term. Looking forward as well as back, Shevtsova speculates about the upcoming elections as well as the self-perpetuating system in place--the legacies of Yeltsin and Putin--and how it will dictate the immediate political future. She also explores several scenarios for Russia's future over the next decade.

The Independent Evaluation Group (IEG) prepared this synthesis note as an input to the ongoing process surrounding the international agenda for Small States. Its purpose is to provide a perspective on some of the issues small states face through a review of World Bank experience with country and project assistance. The lessons and findings are drawn from IEG Country Assistance Evaluations and Project Performance Assessment Reports, as well as from IEG Reviews of Country Assistance Strategy Completion Reports and Project Implementation Completion Reports.