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Independent Evaluation Group
Independent Evaluation Group > Publications & Resources
Publications & Resources
20 of at least 33 item(s)
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The global economic crisis of 2008-2009 led to a sharp reduction of growth worldwide with an increase in millions of poor persons. The World Bank Group responded with an unprecedented expansion of support that included the majority of countries suffering high levels of stress. The bulk of crisis support focused on moderately affected countries. Due to its unprecedented support, largely through traditional rather than crisis specific instruments, the World Bank now has constrained headroom for future crisis response should it become necessary.
World Bank Group Response to the Global Economic Crisis Phase II
Publish Date: 3/26/12
Publish Date: 3/26/12
To help reduce poverty in developing countries, the World Bank Group (WBG) supports four core development goals at the global and country levels: expanding economic opportunities, enhancing human development, mitigating socioeconomic and environmental risks, and improving governance and public sector effectiveness. Good progress was made in these areas by the developing countries in the first half of the 2000s, although recent global economic crises as well as natural disasters contributed to setbacks, and global climate change continues to threaten progress. Results and Performance of the World Bank Group 2011
Publish Date: 3/26/12
Publish Date: 3/26/12
Information and communication technologies (ICT) can be leveraged for development, but harnessing this potential depends on an enabling environment for their production, diffusion, and use. Otherwise, technology can widen rather than narrow existing inequalities. Progress has been noteworthy in mobile telephony, where the gap between developing and developed countries is narrowing rapidly. But outside mobile technology, there are large and widening gaps specifically in the areas where ICT can have greatest developmental impact, such as in high-speed Internet access and broadband connectivity, the development of local information technology industries, and of ICT applications. The World Bank Group played a catalytic role in spreading ICT in developing markets.
Capturing Tecnology for Development - An Evaluation of World Bank Group Activities in Information and Communication Technologies
Publish Date: 3/26/12
Publish Date: 3/26/12
The impact of growth on poverty reduction depends on the pace and pattern of growth. Attention to the type of growth that IFC supports is critical for the institution's effectiveness in poverty reduction. IFC’s strategic priorities on frontier areas and sectors such as infrastructure, agribusiness, health and education, and financial markets are consistent with support to an inclusive growth pattern, but improvements are needed Assessing IFCs Poverty Focus and Results
Publish Date: 3/24/12
Publish Date: 3/24/12
Enhanced agricultural growth and productivity are essential if we are to meet the worldwide demand for food and reduce poverty, particularly in the poorest developing countries. Between 1998 and 2008, the period covered by this evaluation, the World Bank Group provided $23.7 billion in financing for agriculture and agribusiness in 108 countries (roughly 8 percent of total World Bank Group financing), spanning areas from irrigation and marketing to research and extension. This was, however, a time of declining focus on agricultural growth and productivity by both countries and donors. Growth and Productivity in Agriculture and Agribusiness
Publish Date: 3/23/12
Publish Date: 3/23/12
The purpose of IFC’s monitoring and evaluation (M&E) system is to strengthen accountability and enhance learning, thereby contributing to IFC achieving better development results. The mandate of the Independent Evaluation Group includes assessing the quality and usefulness of IFC’s evaluation processes and products and participating in the formulation and improvement of evaluation policies, practices, and instruments. In fulfilling this role, IEG produces a Biennial Report on Operations Evaluation that assesses the adequacy, coverage, and quality of M&E in IFC and makes recommendations for improvement. Biennial Report on Operations Evaluation in IFC 2008
Publish Date: 3/23/12
Publish Date: 3/23/12
This study evaluates the performance of the World Bank Group (WBG) during the 1990s in
promoting private sector development in the electric power sector (PSDE). This joint review by the
WBG’s three evaluation units aims to inform the implementation of the WBG’s 2001 Energy
Business Renewal Strategy. It is based on an evaluation of the WBG’s PSDE assistance in 80
countries, through the World Bank’s analytical and advisory work and its 154 projects, 29 mature
International Finance Corporation (IFC) investment operations, and 8 mature Multilateral Investment
Guarantee Agency (MIGA) projects. Private Sector Development In the Electric Power Sector - A Joint OED/OEG/OEU Review of the World Bank Group's Assistance in the 1990s
Publish Date: 3/23/12
Publish Date: 3/23/12
This study by the independent evaluation units of the
World Bank, International Finance Corporation
(IFC), and Multilateral Investment Guarantee
Agency (MIGA) assesses how effective the
WBG has been in enhancing the contribution
of extractive industries to sustainable development.
The purpose is to provide an objective
assessment of the results within the context
of the WBG’s overall mission of poverty reduction
and the promotion of sustainable development. Extractive Industries and Sustainable Development: An Evaluation of the World Bank Group Experience - July 2003
Publish Date: 3/22/12
Publish Date: 3/22/12
Recent global financial and environmental crises demonstrate the need to create and implement regulatory frameworks that balance private and social benefits and costs. The World Bank Group (WBG) instituted safeguards and sustainability policies to prevent and mitigate adverse impacts of its projects on people and the environment. IEG's study on safeguards and sustainability policies is the first comprehensive evaluation of all the safeguard policies and performance standards of WBG implemented in projects. The evaluation finds that the policies have helped avoid or mitigate large-scale social and environmental risks. However, for more successful and effective implementation in the future, IEG notes that the WBG must more thoroughly supervise and monitor results and ensure client ownership. Safeguards and Sustainability Policies in a Changing World
Publish Date: 3/22/12
Publish Date: 3/22/12
The global economic crisis that began in 2008 threatened to erase years of progress in developing countries. In response, the World Bank Group (World Bank, International Finance Corporation, Multilateral Investment Guarantee Agency) increased lending to unprecedented levels. But Increases in financing volume must be matched by quality to achieve sustained economic results. Quality-at-entry indicators have generally been positive. But certain areas—the financial sector specifically and results on the ground more generally—are a cause for concern, particularly given continued tight budgets. This IEG study is a real- time assessment of ongoing activities. As such, it evaluates the immediate results and serves as an input to the WBG's continuing efforts to address the effects of the crisis. The evaluation of the development impact of WBG’s response will be taken up at a later stage. The World Bank Group Response to the Global Economic Crisis
Publish Date: 3/22/12
Publish Date: 3/22/12
In 1991, the Bank issued a forest paper2 (1991 forest paper) that set out its strategy for intervention in the forest sector and other sectors affecting forests. The forest paper focused special attention on the conservation of primary tropical moist forests (TMFs), and its objectives were to reduce deforestation and increase planting of trees in order to expand forest cover. In 1993, the Bank issued Operational Policy 4.363 (Bank’s OP 4.36) that reflected the
policy content of the strategy and introduced Good Practices 4.364 (GP 4.36) to provide staff with direction on implementing the strategy. Since the 1991 forest paper was written primarily for Bank and IDA operations, it provided limited and unclear guidance for IFC operations. In recognition of this fact, IFC
issued a memorandum to its Board5 (1991 forest memorandum) to clarify how the 1991 forest paper would be applied to its operations, including a commitment that all IFC’s projects would conform with the “spirit and intent” of the 1991 forest paper.
When the Bank’s OP 4.36 was introduced in 1993, IFC adopted it automatically for its forest operations. The 1991
forest paper, the 1991 forest memorandum and the Bank’s OP 4.36 are collectively referenced as the “IFC forest strategy” in this paper, and implementation of the strategy in IFC’s operations is the subject-matter of this evaluation. Implementation of the 1991 Forest Strategy in IFC's Projects- June 2000 Volumne 1 and 2
Publish Date: 3/21/12
Publish Date: 3/21/12
This is a synthesis evaluation of four IFC-supported small and medium enterprise (SME) facilities. The report summarizes the findings of evaluations of four SME facilities sponsored and managed by IFC to support the development of small businesses. It examines five broad issues: 1) Relevance - whether the facilities’ efforts are justified by their likely impact on development; 2) Efficacy and impact - the extent to which the facilities are contributing to the development of sustainable SMEs and business service providers and to improvements in the business climate; 3) Efficiency - the facilities’ own efficiency in providing services and the extent to which the benefits generated justify the overall costs and the subsidies provided; 4) Sustainability of the services provided by the facilities and by the business service providers the facilities support; 5) Structural and administrative issues - including collaboration among the facilities and with other parts of the World Bank Group; management information systems and reporting; and learning from experience.
Synthesis Evaluation of Four IFC-Supported Small and Medium Enterprise Facilities - Africa Project Development Facility, African Management Services Company, Mekong Private Sector Development Facility, Southeast Europe Enterprise Development
Publish Date: 3/21/12
Publish Date: 3/21/12
The quality of a country's investment climate is determined by the risks and transaction costs of investing in and operating a business, which in turn are determined by the legal and regulatory framework, barriers to entry and exit, and conditions in markets for labor, finance, information, infrastructure services, and other productive inputs. The WBG supports improvements in investment climates by working with both the public and private sectors. IFC influences the investment climate through its Technical Assistance and Advisory Services (TAAS) to both the public and private sectors, and through its investment operations - directly by increasing the quantity and quality of infrastructure and financial and social sector services, and indirectly through the demonstration effects of investment projects in all sectors. An Evaluation of IFC’s Investment Climate Activities
Publish Date: 3/21/12
Publish Date: 3/21/12
Middle-income countries (MICs) have considerable importance for the global economy and for IFC. The 86 MICs, with per capita incomes between $826 and $10,065,1 make up 86 percent of developing country Gross Domestic Product (GDP) and are home to 57 percent of the developing world’s population (including one-third of people who subsist on less than $2 a day). IFC invested just over $30 billion in 70 of these MICs between 1996-2007, around four-fifths of IFC’s investments in developing countries.2 This Evaluation Note gives an overview of IFC’s experience and additionality in MICs from1996 through 2007. Evaluation Note: IFC’s Experience and Additionality in Middle Income Countries - Results and Challenges
Publish Date: 3/21/12
Publish Date: 3/21/12
This study evaluates the effectiveness of IFC's strategic priority of private sector development in frontier countries (high-risk and/or low-income) by supporting micro, small, and medium enterprises (MSMEs) during fiscal years (FY)1994–2006. IFC has channeled its support to MSME's by:
i) indirect financing through financial intermediaries, and ii) by indirect institution-building support via specialized regional small and medium enterprise (SME) development facilities. This evaluation analyzes IFC's development results and provides recommendations on how IFC's performance can be improved in this area going forward. Financing Micro, Small, and Medium Enterprises - An Independent Evaluation of IFC's Experience with Financial Intermediaries in Frontier Countries
Publish Date: 3/21/12
Publish Date: 3/21/12
Sub-Saharan Africa (SSA), one of the poorest regions in the world, is a priority region for IFC and the World Bank. IFC increased its investment volume in SSA significantly from $405 million in fiscal year (FY) 2004 to $1,379 million in FY 2007. IFC plans for continued growth in investment volume and advisory services in the region through 2010. How likely is this effort to yield positive results? Evaluation Note: Improving Results in Sub-Saharan Africa
Publish Date: 3/21/12
Publish Date: 3/21/12
This study reviews the World Bank’s efforts in mitigating climate change, which have expanded rapidly in recent years. Seeking lessons on what works and what doesn’t, the report stresses five measures that offer attractive local benefits while fighting climate change: energy efficiency; forest protection; appropriate project finance; technology transfer; and accelerated learning.
Publish Date: 5/29/11
Publish Date: 5/29/11
Over the past year, the response to the global financial crisis has continued to dominate the development work of international institutions, including the World Bank Group. Challenges of poverty and fragile states, environment, and climate change remain daunting, and the manner in which these are addressed is shifting. The World Bank Group must adapt to these changes for greater development effectiveness. The International Bank for Reconstruction and Development, the International Development Association, the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA) individually face particular challenges in the increasingly multipolar world. But there are opportunities for coordination across the World Bank Group, whether between public and business activities, among sectors, or across macro and micro concerns.
Publish Date: 11/23/10
Publish Date: 11/23/10
This study reviews the World Bank’s efforts in mitigating climate change, which have expanded rapidly in recent years. Seeking lessons on what works and what doesn’t, the report stresses five measures that offer attractive local benefits while fighting climate change: energy efficiency; forest protection; appropriate project finance; technology transfer; and accelerated learning. The IEG report recommends that the World Bank Group rebalance its efforts toward higher-impact sectors and instruments, with relatively greater emphasis on energy efficiency, such as lighting and improvements in electricity transmission and distribution.
Publish Date: 11/5/10
Publish Date: 11/5/10
The Independent Evaluation Group (IEG) of the World Bank Group, hosts an annual Evaluation Week. The Evaluation Week, now in its fourth year, is designed to increase awareness of IEG's work and products, also to share knowledge on how evaluation can be useful in development, among a variety of audiences.
Publish Date: 9/17/10
Publish Date: 9/17/10
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