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- Permanent Link:
- http://dpanther.fiu.edu/dpService/dpPurlService/purl/FI13010913/00001
Notes
- Summary:
- This report assesses the effectiveness of the World Bank Group (WBG)’s operations for 2008-2010, highlighting successful development outcomes as well as current shortfalls. The WBG’s four principle goals involve: (1) expanding economic opportunities, (2) enhancing human development, (3) mitigating socioeconomic and environmental risks, and (4) improving governance and public sector effectiveness. For each goal, an evaluation of achievements and remaining gaps is presented. Among the four goals, expanding economic opportunities received the broadest attention, making up 85% of all WBG operations. In this area, the WBG engaged mostly in infrastructure development (30% of its financing in FY08-10). In human development, it has to do more to address increasingly complex objectives and activities, such as difficulties in linking improved education quality to positive labor force outcomes. The third area of operations focuses on “increasing resilience to socioeconomic and environmental risks,” and most directly associated with disaster risk reduction (DRR). While attention to disaster prevention and preparedness under the renewed WBG strategy has improved, this area still requires much work (p.xvii). In half the countries where the WBG financed disaster reconstruction, disaster prevention and preparedness were not established as part of the national strategy, highlighting continued focus on responding to rather than preventing disasters. The WBG also supports efforts to mitigate risks related to climate change through several projects (renewable energy, energy efficiency, and the establishment of heat and gas recovery power generations) in developing countries. In a following section, the report assesses the performance of three WBG institutions: the World Bank, the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA). And in the last chapter, it covers institutional determinants of development effectiveness. A point of emphasis outlined throughout the document is the critical role that governance and the public sector play in development. Despite this reality, the WBG has only been successful in addressing the least politically sensitive issues, but has faced many challenges in dealing with more complex problems such as civil service reform or anti-corruption. In order to tackle these broader and more difficult issues, the document advocates for an incremental and phased approach to reform, allowing gradual deepening and consolidation. ( English,English,English,, )
- Subject:
- Disaster Risk Management and Development
- Scope and Content:
- Volume I: Main report; Abbreviations p. VII; Acknowledgments p. VIII; Foreword p. IX; Summary p. XI; World Bank Group Management comments p. XXVIII; Chapter 1 Background and context p. 1; Introduction p. 1; Core Development Goals Supported by the World Bank Group p. 2; Country Progress toward Core Development Goals p. 5; Chapter 2 Expanding economic opportunities p. 13; Overview p. 13; Policies to Support Expansion of Economic Opportunities p. 15; Infrastructure Development p. 19; Access to Finance p. 26; Support for the Real Sectors p. 31; Chapter 3 Enhancing human development p. 35; Overview p. 35; Education p. 37; Health, Nutrition, and Population p. 42; Targeted Basic Infrastructure p. 45;
Chapter 4 Increasing resilicence to socioeconomic and environmental risks p. 47; Overview p. 47; Environmental Sustainability p. 48; Social Safety Nets p. 52; Economic and Financial Crisis p. 54; Natural Disasters p. 59; Climate Change p. 62; Chapter 5 Improving public sector effectiveness p. 67; Overview p. 67; Civil Service and Administrative Reform p. 70; Public Financial Management p. 72; Anticorruption and Transparency p. 74; Access to Legal Recourse p. 76; Chapter 6 Development effectiveness by World Bank Group Institution p. 79; Development Effectiveness of the World Bank p. 79; Development Effectiveness of IFC p. 83; Development Effectiveness of MIGA p. 85; Chapter 7 Institutional determinants of development effectiveness p. 89; Introduction p. 89; Recent Trends and Patterns in Operations p. 91; Institutional Factors Affecting Outcomes p. 99; World Bank Group Initiatives to Strengthen the Results Agenda p. 110; Learning from and Using Evaluation Findings p. 116; Boxes: Box 1.1. Definition of Outcomes of WBG Operations p. 14; Box 3.1. Secondary School Stipends in Pakistan Produce Sustained Human Development Benefits for Girls p. 40; Box 7.1. Case Study—Strategic Relevance of MIGA Financial Sector Guarantees p. 108; Box 7.2. The World Bank’s Corporate Scorecard p. 112; Box 7.3. IFC’s Development Goals p. 113; Box 7.4. The Evolution of MIGA’s Corporate Monitoring and Reporting p. 115; Tables: Table 1.1. World Bank Group Activities Aimed at Expanding Economic Opportunities p. 15; Table 6.1. Bank Outcomes and the Quality of Public Sector Effectiveness p. 80; Table 6.2. Summary of World Bank Group Development Outcome Ratings p. 81; Table 7.1. Institutional Performance and Project Outcome Ratings, FY08–10 p. 91; Table 7.2. World Bank Operations, FY05–10 p. 93; Table 7.3. IFC Operations, FY05–10 p. 94; Table 7.4. MIGA Operations, FY05–10 p. 97; Table 7.5. MIGA Institutional Effectiveness Ratings p. 109; Table 7.6. Perceived Impact of Evaluations on Development Effectiveness p. 125; Table 7.7. Factors Affecting the Influence in the Natural Disasters Evaluation p. 127; Figures: Figure 1.1. The World Bank Group’s Poverty Reduction Framework p. 3; Figure 1.2. Reduction in Extreme Poverty in Developing Countries p. 6; Figure 1.3. Average Annual GDP Growth Rate in Developing countries p. 7; Figure 3.1. Proportion of Satisfactory Outcome Ratings in Bank-Financed Projects Supporting Human Development by Exit Year, FY05–10 p. 36; Figure 3.2. Achievement of Specific Education Objectives in Bank-Supported Projects Approved since 2001 p.39; Figure 4.1. Trends in Success Rates for Environmental and Social Effects p. 52; Figure 5.1. Bank Lending for Public Sector Reform p. 68; Figure 6.1. Project Development Outcome Ratings p. 86; Figure 7.1. Institutional Performance as a Driver of Development Outcomes p. 90; Figure 7.2. IFC Long-Term and Short-Term Commitments (Share of Total), FY06–10 p. 95; Figure 7.3. IFC Advisory Services Total Expenditures from All Funding Sources and Project Expenditures, 2008–10 p. 96; Figure 7.4. Composition of Gross Exposure Issued (percent), Selected Sectors and Years p. 98; Figure 7.5. Proportion of Satisfactory Quality of Entry Ratings among Projects that Exited in FY05-10 p. 100; Figure 7.6. IFC Investment Work Quality Ratings p. 104; Figure 7.7. Ex-Ante Statement of IFC Additionality p. 107; Figure 7.8. Architecture of the Major Corporate Results Reporting Tools of the World Bank Group p. 111; Figure 7.9. IEG and World Bank Group Management Overall High/Substantial Average Level of Adoption Ratings over Time, 2007–11 p. 116; Figure 7.10. Bank Adoption of Recommendations—IEG and Bank Management Ratings over Time, 2007–11 (Percent High or Substantial) p. 118; Figure 7.11. IFC Adoption of IEG Recommendations—IEG and IFC Management Ratings over Time, 2007–11 (Percent High or Substantial) p. 121; Figure 7.12. MIGA Adoption of IEG Recommendations—IEG Ratings over Time, 2007–11 (Percent High or Substantial) p. 122; Figure 7.13. Improved Follow-Up Process to IEG Recommendations p. 124; Figure 7.14. IEG’s Influence Framework p. 126
- Citation/Reference:
- De Silva, A. (2011). IEG annual report 2011: results and performance of the World Bank Group. Independent Evaluation Group (IEG), the World Bank Group, International Finance Corporation (IFC), Multilateral Investment Guarantee Agency (MIGA).
Record Information
- Source Institution:
- Florida International University
- Rights Management:
- The material in this publication is copyrighted. IEG encourages dissemination of its work and permits this document to be copied or otherwise transmitted, with appropriate credit given to IEG as the authoring body.
- Resource Identifier:
- FI13010913
9781602441965 ( isbn )
1602441960 ( isbn )
780283304 ( oclc )
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