A Decade of Action in Transport: An Evaluation of World Bank Assistance to the Transport Sector, 1995-2005

Put together by the World Bank's Independent Evaluation Group, this study evaluates the Bank's support for the transport sector during the period 1995-2005. Analyzing a portfolio of 642 projects involving transport, the study finds that past performance has been well managed and effective (especially for intercity highway construction and rehabilitation), that the Bank's approach to transport contributed to private sector development, that project outcome ratings have shown steady improvement, and that the key elements of the current strategy (sustainability, private sector involvement, and urban strategy) remain relevant. However, it also urges more attention on cross-cutting issues such as traffic congestion, environmental damages, safety, efficiency, and affordability. Annotation c2007 Book News, Inc., Portland, OR (booknews.com)