Learning in World Bank Lending

An independent evaluation

This evaluation assesses the World Bank’s approach to knowledge and learning in its lending operations with the aim of supporting the Bank’s ongoing efforts to enhance its performance as a “Knowledge Bank.”  

“Avenue of Indian Rubber Trees at Peradeniya, Ceylon” by Marianne North. The Board of Trustees of the Royal Botanic Gardens, Kew. CC BY-NC.
Published:
DOI:
10.1596/IEG197067

The World Bank Group considers itself a “Knowledge Bank.” The Bank’s knowledge work contributes to development outcomes both by informing clients in various policy and reform areas, and by informing staff and clients on the selection, design, and implementation of lending operations.

This evaluation assesses how the World Bank approaches knowledge and learning in its lending operations. It is guided by the overall question: “How can the World Bank create optimal conditions for learning in its financing operations?”

The analysis covers all financing instruments, country, sectoral and operational knowledge, and tacit and explicit knowledge. The evaluation defines tacit knowledge as: unspoken, intuitive, and experiential insights that individuals accumulate over time. It defines explicit knowledge as: codified and digitized in books, documents, reports, memos, etc.

The evaluation applies a mixed-methods, phased approach that combines case studies of 34 lending projects with desk reviews, interviews, a questionnaire, and quantitative analyses. Based on this analysis, the evaluation identifies lessons and presents recommendations with the aim to support ongoing efforts of the World Bank to improve its performance as a “Knowledge Bank”.

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