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Peru - Country Partnership Strategy for the period FY2007 - FY2011
Web Resource
This review examines implementation
of the FY07-11 Peru Country Partnership Strategy (CPS) and
the FY09 CPS Progress Report (CPSPR), and evaluates the CPS
Completion Report (CPSCR). The review covers the joint
program of International Bank for Reconstruction and
Development (IBRD), International Finance Corporation (IFC)
and Show MoreThis review examines implementation
of the FY07-11 Peru Country Partnership Strategy (CPS) and
the FY09 CPS Progress Report (CPSPR), and evaluates the CPS
Completion Report (CPSCR). The review covers the joint
program of International Bank for Reconstruction and
Development (IBRD), International Finance Corporation (IFC)
and Multilateral Investment Guarantee Agency (MIGA). The
review complements the Country Program Evaluation (CPE) on
Peru discussed by CODE in July of 2010 (Peru: Country
Program Evaluation for the World Bank Group, 2003-09). The
two reviews, however, cover different periods (2007-11 in
the CPSCR Review vs. 2003-09 in the CPE) as well as a
somewhat different set of objectives. These two aspects
explain the differences in the evaluations, such as the
upgrading in rating of a pillar and the downgrading of
another. Independent Evaluation Group (IEG) rates the
overall outcome of the WBG strategy in Peru as moderately
satisfactory. IEG notes that Peru~^!!^s own accomplishments
in many areas, particularly on growth, macroeconomic
stability, de-dollarizing the monetary system, and
addressing some basic needs are remarkable these
achievements are mostly attributable to Peru~^!!^s own
efforts. IEG also highlights the timeliness of the WBG~^!!^s
support to Peru at the time of the global financial crisis,
which was instrumental in helping the country access world
bond markets, as well as the additionality of IFC~^!!^s
intervention in supporting municipalities use their
royalties to benefit poor communities. With WBG support,
Peru has improved public expenditure efficiency, some rural
infrastructure as noted in the Peru CPE, and environmental
frameworks and regulations, as well as increased access to
water, sanitation and electricity, also highlighted in the
Peru CPE. Peru made progress in strengthening public sector
management and, with support from the WBG, established a
unified treasury account, and is making headway in results
based budgeting at the national level, participatory
investment budgeting at the local level, and mainstreaming
an integrated financial administration system also at the
sub-national level. A sound policy framework, prudent
macroeconomic policies and strong commodity prices helped
Peru achieve cumulative Gross Domestic Product (GDP) real
growth of over 31 percent between 2007 and 2010, which led
to a fall in poverty from 46 percent in 2006 to 31 percent
in 2010, the latest measure. The strong cumulative growth
includes a decline in the rate of growth to about 1 percent
in 2009 due to the global financial crisis, as well as a
rebound of 9 percent in 2010.
Mozambique - Country partnership strategy for the period FY08-FY11 : IEG CPSCR review
Web Resource
This review examines implementation of the Fiscal Years 2008-11 Mozambique Country Partnership Strategy (CPS), and evaluates the CPS Completion Report (CPSCR). The strategy was implemented by IDA, IFC and MIGA, and this review covers their joint program. The World Bank Group (WBG) strategy in Mozambique was organized around three pillars: (i) increasing accountability and public voice; (ii) Show MoreThis review examines implementation of the Fiscal Years 2008-11 Mozambique Country Partnership Strategy (CPS), and evaluates the CPS Completion Report (CPSCR). The strategy was implemented by IDA, IFC and MIGA, and this review covers their joint program. The World Bank Group (WBG) strategy in Mozambique was organized around three pillars: (i) increasing accountability and public voice; (ii) ensuring equitable access to key services; and (iii) promoting equitable and broad-based growth.
IEG rates the overall outcome of the WBG strategy in Mozambique as moderately unsatisfactory. With support from several external development partners, including IDA, Mozambique has made progress in improving budget planning at the central and district levels, in establishing information technology systems that bolster the government's fiduciary systems, and started to give communities a say in the budget process. These improvements, however, have yet to translate into better governance indicators. The main lesson stemming from this review is that the WBG's development effectiveness rests on active and effective management of the country strategy and operations, and not only on a dedicated and strong country staff. Efficient monitoring and evaluation of the strategy and taking the opportunity of a CPSPR to update the objectives and interventions to changing circumstances and exogenous developments are crucial components to enhance the development effectiveness of the WBG and of its staff. These functions, however, are the purview of senior management.
Liberia - Joint country assistance strategy completion report (JCASCR) review for the period FY2009 - FY2012 : IEG review
Web Resource
This review examines the
implementation of the FY2009 to FY2011 Joint Country
Assistance Strategy (JCAS) of FY2009 and the JCAS Progress
Report (JCASPR) of FY2011, and assesses the JCAS Completion
Report (JCASCR). The JCAS was a joint strategy of
International Development Association (IDA), International
Finance Corporation ( Show MoreThis review examines the
implementation of the FY2009 to FY2011 Joint Country
Assistance Strategy (JCAS) of FY2009 and the JCAS Progress
Report (JCASPR) of FY2011, and assesses the JCAS Completion
Report (JCASCR). The JCAS was a joint strategy of
International Development Association (IDA), International
Finance Corporation (IFC), and African Development Bank
(AfDB); the JCASPR was endorsed by IDA, IFC, and
Multilateral Investment Guarantee Agency (MIGA). This review
covers the joint program of the three World Bank Group (WBG)
institutions. As Independent Evaluation Group (IEG) has
reviewed in detail the Liberia JCAS program in the Liberia
country program evaluation, which was presented to the
Committee on Development Effectiveness (CODE) sub- committee
on September 7, 2012, this is an abridged review prepared at
the request of Operations Policy and Country Services
(OPCS). The JCAS was organized around three pillars: (i)
rebuilding core state functions and institutions; (ii)
rehabilitating infrastructure to jump-start economic growth;
and (iii) facilitating pro-poor growth. The JCAS also
identified three cross-cutting themes: capacity development,
gender equity, and environmental sustainability.
Mexico - Completion and Learning Review : IEG Review
Web Resource
This review of Mexico’s Completion and Learning Review (CLR) of the World Bank Group’s Country Partnership Strategy (CPS) covers the CPS period FY14-FY19 and the Performance and Learning Review (PLR) of January 26, 2017. Mexico is an upper-middle-income country with a gross national income (GNI) per capita (in current US$) of US$9,180 in 2018. During 2014-18, the average annual GDP growth rate Show MoreThis review of Mexico’s Completion and Learning Review (CLR) of the World Bank Group’s Country Partnership Strategy (CPS) covers the CPS period FY14-FY19 and the Performance and Learning Review (PLR) of January 26, 2017. Mexico is an upper-middle-income country with a gross national income (GNI) per capita (in current US$) of US$9,180 in 2018. During 2014-18, the average annual GDP growth rate was 2.2 percent in a show of resilience in the face of a complex external environment. In the first half of 2019, economic growth came to a virtual halt owing to policy uncertainty, tight monetary conditions and budget under-execution as well as slowing global manufacturing activity. Over the longer term, Mexico’s economic growth has been below the level needed to converge toward advanced country economies. The country’s per capita GDP, which is closely related to productivity, stands at 34 percent of U.S. per capita GDP compared with 49 percent in 1980.2 Poverty rates (share of individuals living on less than the 2011 PPP US$1.90 per day poverty line) fell from 3.8 percent of the population in 2016 to 2.2 percent in 2016. There was a small decline in the Gini index from 48.7 percent in 2014 to 48.3 in 2016. IEG’s Country Program Evaluation for Mexico (2018) indicates that Mexico’s multidimensional poverty index for the extremely poor fell from 11.3 percent in 2010 to 7.6 percent in 2016, helping reduce the overall index from 46.1 percent to 43.6 percent. At the same time, income growth of the bottom 40 percent was below the population mean.