BALANCE OF PAYMENTS SUPPORT AID IN JAPAN - EVOLUTION AND EVALUATION

The paper presents an overview of the historical evolution of BOP supp ort aid in Japan, including changes in its policies and modalities. Or ganizational set-up and evaluation methodologies of official donor age ncies such as the Ministry of Foreign Affairs, OECF and EXIM are expla ined. The methodologies are analyzed in the following two ways: items covered in the evaluations and analytical methods. Lessons and suggest ions from their evaluations are as follows: objectives of structural a djustment programmes should be clearly defined; direct indicators for impact should be selected in correspondence with policy measures categ orized; and the impact of other factors than structural adjustment, es pecially project aid, should be separated.