Success Factors in Management of Development Projects

From the reports of the Inter-American Development Bank (IDB) Office of Evaluation and Oversight (OVE), a limited analysis of the factors affecting the execution of development cooperation projects was identified. Thanks to the review of scientific articles by renowned authors, effectiveness, relevance, competencies and motivation, sustainability, risk management, and additionality were evaluated using the analysis of relationships between variables and causality using IBM SPSS and fsQCA 3.0 software, respectively. As a result, a model was obtained that relates the components, factors, and roles that make up the stakeholder matrix. It was concluded that the effectiveness factor has a significant relationship with the success of a project; however, this could not be possible without a good development of sustainability and risk management, the latter being a necessary and sufficient condition for success in this type of projects. Currently, risk management has not only become a necessity nowadays, but the improvement of risk management will increase sustainability in project management, the main factors for the success of a project.

Institutional structure formation of the global green finance market

The article studies the strategic directions of the Eurasian Development Bank as an important element of the institutional structure of the global green finance market.The current differentiated global structure of green finance market institutions has been shown, and the substantive focus of organisations at two levels of the institutional structure of this market has been shown. A statistical overview of green finance institutions by country, region, type and financial instruments used has been made. The role of multilateral development banks in the structure of such institutions has been shown. The need for the formation of institutions in the green financial market segment as a necessary element of green finance has been substantiated.The structure of institutions on two levels has been given: 1) subjects – participants of the green bond market; 2) a set of institutions developing and shaping the methodology for green financial instruments assessment, standards, taxonomy, ratings. Using the global green bond market as an example, up-to-date statistics and analysis of the broader composition of issuers of green financial instruments by country, world region, sovereign and corporate participants, and development institutions have been presented. Emphasis has been placed on public issuers and the participation of multilateral development institutions in financing green economy projects in various countries. The experience of Eurasian Economic Union countries in developing green finance has been summarised and the prospects for Russia and Kazakhstan in the green finance movement have been noted.The institutions of the differentiated structure of the global green finance market identified in the study have been grouped into two levels depending on the profile of their participation in the green economy; the directions and tools for the prospective development of the Eurasian Development Bank’s green finance activities have been defined; recommendations for prospective aspects of the methodological and analytical activities of the bank in the context of the Eurasian Development Bank Strategy 2022–2026 have been proposed.The study applied an analysis of scientific literature in the field of institutional theory, green economy and green finance, statistical, comparative, factual analysis, review and analysis of information from official websites of international development institutions, government and corporate entities, international rating agencies included in the architecture of the global green finance market.

The Eurasian Development Bank as a mechanism of scientific and technological integration within the framework of EAEU: legal aspects

The subject of this research is the legal and cognate framework strategic aspects of the Eurasian Development Bank (EDB) as the key regional financial and investment institution that lend support to integration projects in the industrial sector in the countries of operations on a priority basis. The goal of this research lies in the conceptually systematization of the framework strategic and legal grounds of the  activity of the Eurasian Development Bank as the mechanism for the development of cooperation between EAEU member-states in the sphere of technological modernization of the economy and manufacturing of high-tech and science-driven products based on the cooperation projects with integration component. The author analyzes the instruments that are part of law of the Bank and determine its engagement in the integration processes in the industrial, agricultural and energy spheres, which suggest technological modernization. The conclusion us made that the current project and related analytical work of the EDB is in line with the trends of operation of the multilateral development banks, as well as correlated the requirement for increasing global competitiveness of the EAEU. The novelty of this research consists in comprehensive examination of the system of legal instruments aimed at implementation and strengthening of the potential of the Eurasian Development Bank as one of the mechanisms of industrial and technological integration within the EAEU. The author’s main contribution consists in argumentation of the position that overcoming systemic problems that persist in the activity  of the EDB, with the support of the national governments and national institutions of development, as well as active cooperation with the Eurasian Economic Commission, would most positively affect the intensification of the processes of industrial and technological cooperation and turning the EAEU into one of the most influential integration associations in modern world.

Integration between the Blue Ocean Strategy and the Value Chain and its Role in Achieving Competitive Advantage: An Applied Research in the International Development Bank

The research aims to demonstrate the role of integration between the blue ocean strategy and the value chain in achieving competitive advantage through their application in the International Development Bank, as economic units, including banks, face intense competition at the local and international levels within the contemporary work environment, therefore, they had to prepare and implement new strategies that enable them to withstand the challenges imposed by competition in order to maintain and achieve its goals, as technological developments and market changes stemming from changes in the tastes and desires of customers have led to the development of these strategies, including the blue ocean strategy, which derives its name from the concept of blue oceans, which are calm and clear because they are far from the atmosphere of competition. This strategy is implemented through its four dimensions (reduction, exclusion, increase, innovation). Nevertheless, to apply these dimensions, the value chain contributes to the analysis of activities into value-adding and non-value-adding activities, thus applying the dimensions of strategy at the level of each activity in order to achieve value for the economic unit and the customer. Furthermore, the research reached a set of conclusions, the most important of which is the integration between the blue ocean strategy and the value chain, a framework that contributes to reducing and excluding costs for activities that do not add value, in addition to creating advanced banking services for customers that achieve a competitive advantage for the bank.

AN ANALYSIS OF GROWTH AND PERFORMANCE OF KARNATAKA STATE COOPERATIVE AGRICULTURAL AND RURAL DEVELOPMENT BANK IN KARNATAKA

Primary Agricultural Cooperative and Rural Development Banks are playing an important role in meeting the credit requirements of the rural population. The main activity of the Bank is the dispensation of long-term credit for agricultural and rural development under schematic lending approved by NABARD Bank. The lending programs are for productive purposes like integrated loans for agriculture and allied agricultural purposes under major and medium-term projects. The present study was carried out with a broad objective to examine the performance of the Karnataka State Cooperative Agriculture and Rural Development Bank (KSCARD Bank). The study has made use of secondary data (2010- 11 to 2019-20) and the analysis is carried out by using the exponential growth model which has been used to analyze the performance of KSCARD Bank. Finally, it is concluded that the lending performance has very crucial role in Long Term Credit requirements, but the status of the recovery balance of KSCARD bank is very high when compared to the demand and collection of the recovery

The Influence of Staff Competence on Performance of Procurement Contracts Management in Public Sector in Tanzania

The study objective was to examine the influence of staff competence on performance of procurement contracts management in public sector. The study employed a case study design as a mechanism of resource allocation. The study targeted a total of 142 employees of TIB Development Bank Ltd which is a public bank operating in Tanzania. Stratified sampling technique was employed to select 85 employees. Data were collected from the sample through interview and questionnaire and then were analyzed using both descriptive statistics and inferential statistics while factor analysis was used to test the suitability of the data for analysis. Findings from Multiple regression indicated that staff competence (β1 = 0.279, p < 0.05) had a positive and significant influence on the performance of procurement contracts management. Additionally, the correlation revealed that staff competence is likely to strongly improve procurement contracts management performance. It is also vital for the organization to provide training to the staff so as to allow them to develop new skills and knowledge on procurement contracts management in order to improve the performance of such contracts.