Addressing Country-Level Fiscal and Financial Sector Vulnerabilities

Brief description

This evaluation assesses World Bank Group support to client countries to build resilience to exogenous shocks. Proactively reducing fiscal and financial sector vulnerabilities and strengthening frameworks and institutions for crisis management can make the difference between whether a country bounces back quickly from an unexpected shock or struggles for years to regain its footing.

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World Bank Group Response to the Global Economic Crisis - Phase 2

This report details the extent and nature of WBG’s response to the 2008-2009 financial crisis, as well as the limitations and partial outcomes of this involvement. It also describes the WBG’s lending vehicles and their efficiency by institution, in comparison with comparable IFIs and MDBs, per customer country category and stress level, and how each impacted the WBG’s overall portfolio as compared to responses to previous crises.

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