IEG LIVE: Harnessing the Transformational Power of the World Bank Group
This high level discussion will be hosted by the Independent Evaluation Group featuring representatives from the Executive Board, WBG Management and academia.
Transformational development projects - what makes them different?
We defined transformational engagements as individual or series of interventions that support deep, systemic, and sustainable change with the potential for large-scale impact in an area of a major development challenge.
Supporting Transformational Change for Poverty Reduction and Shared Prosperity
Transformational engagements are a critical pillar of the 2013 World Bank Group's strategy for achieving its twin goals of extreme poverty elimination and shared prosperity. The Independent Evaluation Group has reviewed existing evaluative evidence for a diverse group of Bank Group interventions to understand the mechanisms and conditions for transformational engagements and to distill lessons and implications for the World Bank Group if it wants to rely on such engagements to more effectively pursue its goals.