The World Bank Group in the West Bank and Gaza, 2001-2009
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Washington, DC: World Bank
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This evaluation assesses the outcomes of
World Bank Group’s (WBG’s) development support to the West
Bank and Gaza for the period 2001-09. It covers the programs
of the World Bank - International Bank for Reconstruction
and Development (IBRD), International Development
Association (IDA), International Finance Corporation (IFC),
and the Multilateral Investment Guarantee Agency (MIGA). The
main objectives of the WBG program were broad, reflecting
the extremely volatile political situation, characterized by
frequent humanitarian and economic crises that required
abrupt shifts in the Bank’s strategy. The WB is both the
main economic adviser to the Quartet on the Middle East and
the administrator of large donor trust funds. The WBG made
important contributions in identifying obstacles to
development, estimating their costs, and promoting the
search for reasonable compromises. The Bank Group program
needs to recognize that the long-term development
effectiveness of its support is heavily dependent on the
Israeli-Palestinian political framework, as well as close
alignment of its efforts with those of other donors. Other
specific recommendations of this evaluation include:
developing a medium-term strategy with a focused results
framework; exploring opportunities for closer cooperation
with Arab donors; helping the Palestinian Authority (PA) to
develop a long-term strategy to reduce aid dependence; and
identifying opportunities for Israeli-Palestinian
cooperation on different aspects of development.
Palabras clave
EMPLOYMENT, CAPITAL MARKETS, REGULATORY FRAMEWORK, STRUCTURAL ADJUSTMENT, ACCOUNTING, PROPERTY ASSESSMENTS, ACCOUNTING PRACTICES, ISLAMIC BANK, RESIDENTIAL CONSUMERS, URBAN SERVICES, RETIREMENT, FINANCIAL MANAGEMENT, PRINCIPAL, AUTONOMY, INTEREST, BUDGETARY SYSTEMS, FACTORING, HEALTH EXPENDITURES, LAWS, GUARANTEES, PRIVATIZATION, INDUSTRY, CAPITAL BASE, LOCAL GOVERNMENTS, STRATEGIES, RESOURCE ALLOCATION, WATER SUPPLY, SERVICES, SEWAGE, PUBLIC SERVICES, HOUSING, FISCAL POLICY, PRICING, ELECTRICITY SERVICES, BUDGET CONSTRAINTS, PROJECTS, INFLATION, LOCAL GOVERNMENT FINANCE, MUNICIPALITIES, SAFETY NETS, BUDGET, MACROECONOMIC STABILITY, PRESENT VALUE, SAVINGS, TECHNICAL ASSISTANCE, TRANSPORT, COLLECTIONS, PRODUCTIVITY, MUNICIPAL GOVERNMENTS, TRANSFERS, FINANCIAL INSTITUTIONS, CRITERIA, DEBT, MARKETS, FINANCIAL CRISES, LOCAL GOVERNMENT, DEFICITS, PUBLIC FINANCE, DEPOSIT INSURANCE, BUDGET DEFICITS, FIXED ASSET, LABOR, LOANS, ENTERPRISES, NATURAL RESOURCES, TRUST FUNDS, ECONOMIC REFORM, SUBSIDIES, LEGAL FRAMEWORK, FINANCE, GRANTS, GROSS REVENUE, INFRASTRUCTURE, TAXES, BANKING SECTOR, INTERGOVERNMENTAL FINANCE, BANKS, ISLAMIC DEVELOPMENT BANK, DEVOLUTION, EMERGING MARKETS, EQUITY, SOCIAL SAFETY NETS, ACCOUNTABILITY, CAPITAL, WAGES, OPERATING COSTS, SOCIAL SERVICES, VALUE, PENSIONS, BANK, GOVERNMENT FINANCE, CREDIT, BUDGETS, PUBLIC ENTERPRISES, PUBLIC EXPENDITURES, FINANCIAL PERFORMANCE, PUBLIC TRANSPORT, INTERNAL CONTROLS, PROPERTY, FOREIGN BANKS, FISCAL YEAR, TRANSACTION COSTS, EIB, TRADE UNIONS, URBAN DEVELOPMENT, SUBSIDIARY, BANK ACCOUNTS, ACCOUNTING SYSTEMS, GOVERNANCE, INSURANCE, MUNICIPAL DEVELOPMENT, TAXATION, MICROFINANCE, NEW ENTRANTS, LAND, BANK OF ISRAEL, RISK, COMMERCIAL BANKS, FISCAL REFORM, FINANCIAL MARKETS, TAX ADMINISTRATION, INSTITUTIONAL DEVELOPMENT, REVENUE, LENDING, LOCAL GOVERNMENT STRUCTURES, CAPITAL EXPENDITURES, FINANCIAL REFORM, FINANCIAL SYSTEMS, KEY PERFORMANCE INDICATORS, GOVERNMENTS, PAYMENT SYSTEMS, PRIVATE SECTOR PRODUCTIVITY, CIVIL SERVICE, HEALTH SERVICES, FINANCING SOURCES, LOCAL GOVERNMENT FUNCTIONS, INTERGOVERNMENTAL FISCAL RELATIONS, AUDITING, DEBT RELIEF, CONSOLIDATION
