Review of the 2008-2013 Mexico Country Partnership Strategy Completion Report (CPSCR) and the CPS Progress Report (CPSPR)
This review examines the implementation of the Mexico Country Partnership Strategy (CPS) for fiscal years 2008-2013 and the CPS Progress Report (CPSCR) of fiscal year 2010, and assesses the CPS Completion Report (CPSCR). The strategy was jointly implemented by the IBRD and IFC, and this review... Full Description »
This review examines the implementation of the Mexico Country Partnership Strategy (CPS) for fiscal years 2008-2013 and the CPS Progress Report (CPSCR) of fiscal year 2010, and assesses the CPS Completion Report (CPSCR). The strategy was jointly implemented by the IBRD and IFC, and this review covers the joint program of the two institutions. The CPS outlined the principles of World Bank Group (WBG) engagement, but did not define a WBG strategy per se – there is no articulation of the specific CPS objectives to be achieved during the strategy period and what the WBG would do to achieve them, based on its comparative advantage. It referred to six areas where the WBG had maintained a policy dialogue: (i) accelerating growth; (ii) improving competitiveness; (iii) promoting social inclusion and reducing poverty; (iv) developing infrastructure and assuring energy security; (v) strengthening institutions; and (vi) assuring environmental sustainability. Presumably, although not explicitly in the CPS, these were the areas where the WBG would support Mexico’s plans. The CPS results framework did not provide a results chain linking WBG interventions to CPS objectives and to Mexico’s longer-term goals, but only a results matrix mapping “examples of WBG activities” to Mexico’s own development objectives in the dialogue areas. There were no outcome indicators for measuring progress. IEG rates the overall outcome of the CPS as moderately satisfactory, below the CPSCR rating of satisfactory. WBG support contributed to Mexico’s effective response to the global financial crisis – adopting countercyclical policies, strengthening financial sector stability and financial inclusion, enhancing short-term employment support programs, and further liberalizing trade when other countries were resorting to protectionist policies. Bank support also contributed to the good progress in improving access to early childhood education and learning outcomes in secondary education, expanding tertiary education among low income students, promoting health and education investment among poor people through Mexico’s conditional cash transfer program, increasing health insurance coverage for the poor and informal workers, and developing a regulatory framework to adapt to climate change, massive urban transport, and renewable energies to reduce CO2 emissions. The CPSCR outlined eight lessons, which are sensible even if the list does not give a sense of priority. In IEG’s view, a key deficiency of the CPS was the notion that a flexible and client-driven strategy would not benefit from an analysis of the WBG’s comparative advantage and a clear articulation of the specific CPS objectives within the country’s longer-term strategy. Although the importance of a strong results framework is recognized, the relevant lesson in the CPSCR is more about corporate requirements than what the Mexico CPS should have done but did not. The lack of a results framework, which reflects the lack of clear CPS objectives, deprived the WBG of a management tool for managing risks and accounting for results.
Content Type : Reports , Doc Sub Category : CAS Completion Report Reviews , Country : Mexico
December 2, 2013
Mexico: Country Assistance Evaluation
The report evaluates the Bank assistance to Mexico during FY89-00, which during the period was initially focused on structural reforms, shifted to investment lending, to then quickly respond to the crisis, and finally achieve the current post-crisis strategy. The economy recovered after 1996,... Full Description »
The report evaluates the Bank assistance to Mexico during FY89-00, which during the period was initially focused on structural reforms, shifted to investment lending, to then quickly respond to the crisis, and finally achieve the current post-crisis strategy. The economy recovered after 1996, fueled by strong exports, and higher oil prices, nonetheless, the banking sector is still recovering from the crisis, poverty remains high, and pressing environmental problems are prevalent. Adjustment lending during FY89-91 accelerated the reform program, and the external debt reduction, while during FY91-94 the program shifted to project lending, and associated sectoral policy reform, focused on transport, education, health, environment, agriculture, and housing. In response to the 1994-95 crisis, lending was associated with financial sector restructuring, and social services, and, in FY97-00, the Bank pursued an ambitious program of adjustment, and investment lending, to support growth, with social stability, though investment lending fell short of expectations. However, the Bank's analytic work made a useful contribution during the transition to a new administration in 2000. The evaluation concludes that on balance the program has been relevant to the country's development needs, though the efficacy of its assistance has varied over the period, indicating that since FY92, mixed results convey a partially satisfactory rating. Lessons suggest an adaptable program lending, or other programmatic lending to achieve value added from Bank involvement, and predictable disbursements.
Content Type : Reports , Doc Sub Category : Country Program Evaluations , Country : Mexico
August 29, 2001
The Transport Sector in Mexico : an Evaluation
Content Type : Reports , Country : Mexico
June 30, 1998