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This publication commemorates the 25 years of the opening of the Nepal resident mission, and provides an overview of how ADB's operation in Nepal has evolved over the years. ADB has provided assistance in several sectors, including agriculture and natural resources, transport and information and communication technology, energy, water and sanitation, urban development, education, finance, and governance. ADB has consistently promoted gender equality and social inclusion in development, and is putting more efforts into building institutional capacity at all levels, including local governments. Climate change mitigation measures and environmental safeguards form part of all ADB-supported projects and programs in Nepal.

Economic assistance --- Economic development projects --- Asian Development Bank.

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This paper examines the micro and macro correlates of aid project outcomes in a sample of 3,821 World Bank projects and 1,342 Asian Development Bank projects. Project outcomes vary much more within countries than between countries: country-level characteristics explain only 10-25 percent of project outcomes. Among macro variables, country growth and the policy environment are significantly positively correlated with project outcomes. Among micro variables, shorter project duration and the presence of additional financing are significantly correlated with better project outcomes. In addition, the track record of the project manager in delivering successful projects is highly significantly correlated with project outcomes. There are few significant differences between the two institutions in the relationship between these variables and project outcomes.

Asian Development Bank --- Banks and Banking Reform --- Development Economics & Aid Effectiveness --- Housing & Human Habitats --- Poverty Monitoring & Analysis --- Project Success --- Rural Portfolio Improvement --- World Bank