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How to support countries that aspire to middle-income status: Lessons from Rwanda

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How to support countries that aspire to middle-income status: Lessons from Rwanda
Insights from evaluation of the World Bank Group's assistance to Rwanda in its journey toward middle-income status.Insights from evaluation of the World Bank Group's assistance to Rwanda in its journey toward middle-income status.

Cabo Verde CLR Review FY15-17

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During the CPS period, Cabo Verde’s economy grew annually by an average of 3.2%, an improvement over the average 0.83% growth during 2012-2014. The percentage of the population below the national poverty line fell from 58% in 2001 to 35% in 2015. Cabo Verde’s UN Human Development Index rose from 0.647 in 2015 to 0.654 in 2017, and its rank increased from 132nd of 187 countries Show MoreDuring the CPS period, Cabo Verde’s economy grew annually by an average of 3.2%, an improvement over the average 0.83% growth during 2012-2014. The percentage of the population below the national poverty line fell from 58% in 2001 to 35% in 2015. Cabo Verde’s UN Human Development Index rose from 0.647 in 2015 to 0.654 in 2017, and its rank increased from 132nd of 187 countries in 2013 to 125th of 189 countries in 2015. Development challenges during the CPS period stemmed from the continuing effects of the 2008-2009 global financial crisis. The government responded to the crisis with an ambitious counter-cyclical investment program, leading to increased deficits and reversing a previously declining trajectory of public debt. Major ongoing constraints included lack of human capital (workforce skills), insufficient connectivity (transport, communications, and electricity) among the country’s ten islands; weak public sector performance; poor business climate; and lack of resilience to trade volatility and to climactic and geological hazards.

The International Finance Corporation’s Engagement in Fragile and Conflict-Affected Situations: Results and Lessons

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The International Finance Corporation’s Engagement in Fragile and Conflict-Affected Situations: Results and Lessons
This report takes stock of available evidence regarding the effectiveness of IFC’s support in fragile and conflict-affected situations (FCS).This report takes stock of available evidence regarding the effectiveness of IFC’s support in fragile and conflict-affected situations (FCS).

World Bank Group Support for Small and Medium Enterprises (SMEs)

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World Bank Group Support for Small and Medium Enterprises (SMEs)
This note synthesizes findings regarding Small- and medium-sized enterprises (SMEs) and SME support from recent IEG evaluations, independent evaluations by other MDBs, and relevant World Bank Group research.This note synthesizes findings regarding Small- and medium-sized enterprises (SMEs) and SME support from recent IEG evaluations, independent evaluations by other MDBs, and relevant World Bank Group research.

Conversations: Creating Markets, what are the drivers of success?

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Conversations: Creating Markets, what are the drivers of success?
An expert panel discussion about the factors underlying the success of IFC's new corporate strategy.An expert panel discussion about the factors underlying the success of IFC's new corporate strategy.

Creating Markets: Drivers of Success

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Creating Markets: Drivers of Success
Join us for a conversation on the factors underlying the success of market creation activities as the IFC implements its new corporate strategy, and the contributing roles of the World Bank and MIGA to that strategy. Join us for a conversation on the factors underlying the success of market creation activities as the IFC implements its new corporate strategy, and the contributing roles of the World Bank and MIGA to that strategy.

Burundi CLR Review FY13-16

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This review of the World Bank Group’s (WBG) Completion and Learning Review (CLR) covers the period of the Country Assistance Strategy (CAS), FY13-16, and updated in the Performance and Learning Review (PLR) dated February 25, 2015. The World Bank Group’s (WBG) CAS had three focus areas: (i) improving competitiveness, (ii) improving resilience by consolidating social stability, and (iii) Show MoreThis review of the World Bank Group’s (WBG) Completion and Learning Review (CLR) covers the period of the Country Assistance Strategy (CAS), FY13-16, and updated in the Performance and Learning Review (PLR) dated February 25, 2015. The World Bank Group’s (WBG) CAS had three focus areas: (i) improving competitiveness, (ii) improving resilience by consolidating social stability, and (iii) strengthening governance. The CAS was broadly aligned with the Government’s Second National Poverty Reduction Strategy (PRSP II), 2012-2015, which seeks to improve governance, growth and job creation, social services, and environmental/spatial management. Specifically, the CAS focus areas and objectives supported PRSP II objectives on quality of economic infrastructure, promotion of the private sector and job creation, strengthening the social safety net, capacity building and improved performance in the healthcare system, and fiscal management.

IEG Work Program and Budget (FY20) and Indicative Plan (FY21-22)

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To maximize its relevance and value added for the World Bank Group (WBG), IEG will align its work program with WBG strategic priorities. IEG also aims to maintain a clear line of sight with the WBG mission and the Sustainable Development Goals (SDGs), as well as with commitments made in the IBRD and IFC Capital Packages and in the context of IDA replenishments. Furthermore, IEG will keep an Show MoreTo maximize its relevance and value added for the World Bank Group (WBG), IEG will align its work program with WBG strategic priorities. IEG also aims to maintain a clear line of sight with the WBG mission and the Sustainable Development Goals (SDGs), as well as with commitments made in the IBRD and IFC Capital Packages and in the context of IDA replenishments. Furthermore, IEG will keep an increased focus on outcomes, countries, clients, and beneficiaries in its work, and aim to foster a greater outcome orientation throughout the WBG. To achieve this strategic vision, IEG will focus its work program on the key development effectiveness questions that the institution and its clients are most concerned about. For each of these questions, we will strive to answer “why”, “how, “where”, “when”, and “for whom” specific interventions or programs have achieved results or not. By working more closely with operational units and other evaluation initiatives across the WBG, we will seek to significantly enhance IEG’s value added for the Board and WBG management. The work program will be anchored around a series of “streams”, building evidence over time on connected themes and trying to bridge between project, country, sector and strategic impact: Fragility, Conflict and Violence (FCV), Gender, Maximizing Finance for Development, Human Capital, Climate Change, Growth and Transformation. In addition, IEG will work along an ‘effectiveness’ cross-cutting stream, aimed at examining systemic issues in WBG effectiveness, as well as working towards building a stronger outcome focus for WBG operations and strategies.

Mobilizing Disruptive and Transformative Technologies for Development An Assessment of the World Bank Group’s Readiness (Approach Paper)

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The world is experiencing a technological revolution with far reaching implications for developing and developed countries. Technological disruption is not new, but the speed at which new technologies are emerging is unprecedented, and so is their diffusion across the global economy. Disruptive technologies can transform development – in both positive and negative ways – and result in new Show MoreThe world is experiencing a technological revolution with far reaching implications for developing and developed countries. Technological disruption is not new, but the speed at which new technologies are emerging is unprecedented, and so is their diffusion across the global economy. Disruptive technologies can transform development – in both positive and negative ways – and result in new paradigms for poverty reduction and boosting shared prosperity. Recognizing these positive and negative implications, and with a sense of urgency to position itself to help client countries mobilize disruptive technologies for their development, the Bank Group has adopted a new approach. This evaluation has a two‐fold purpose: first, to assess the Bank Group’s readiness in helping clients harness the opportunities and mitigate the risks posed by disruptive technologies; and second, to inform the implementation of the Bank Group’s new approach to disruptive technologies and its efforts to become a partner of choice in mobilizing disruptive technologies.

Improving urban governance: Lessons from Ethiopia

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Improving Urban Governance: Lessons from Ethiopia
This brief captures the lessons from evaluating the World Bank’s Ethiopia Urban Local Government Development Project (ULGDP).This brief captures the lessons from evaluating the World Bank’s Ethiopia Urban Local Government Development Project (ULGDP).