Investment Climate Reforms
The World Bank Group has been providing extensive support to investment climate reforms--having supported over the period FY07-13, 819 projects with investment climate interventions in 119 countries for a total estimated value of $3.7 billion. This evaluation is designed to assess the relevance, effectiveness, and social value as it relates to concerns for inclusion and shared prosperity of World Bank Group support to investment climate reforms. This evaluation finds that the World Bank Group has supported a comprehensive menu of investment climate reforms. These reforms were generally supported in the right countries and generally addressed the right areas of the regulatory environment. In providing its support, the Bank Group relies on a variety of investment climate diagnostic tools, but their coverage is incomplete.