IEG Annual Report 2011 : Results and Performance of the World Bank Group

Independent Evaluation Group

IEG Annual Report 2011 : Results and Performance of the World Bank Group

Autores

Independent Evaluation Group

Editor

Washington, DC: World Bank Group

Descripción

The work of the World Bank Group (WBG) in helping reduce poverty supports four core goals at both global and country levels: expanding economic opportunities, enhancing human development, mitigating socioeconomic and environmental risks, and improving governance and public sector effectiveness. In the first half of the 2000s, developing countries made advances in these areas, leading to a significant reduction in poverty. Historically high economic growth rates as well as improvements in key aspects of human development made the difference. A series of global economic crises as well as natural disasters contributed to setbacks, while global climate change continued to threaten progress. These global shifters need to be confronted by development strategies. Improving governance and public sector effectiveness is key to reducing poverty further. The quality of public sector management also affects the WBGapos;s development effectiveness in countries. WBG-supported country program and project outcomes are lower in countries with poorer quality public sector management, suggesting a need to augment the approach and prioritize engagement in this area. Finally, WBG managementapos;s adoption of recommendations derived from evaluations has increased over time, and both management and Independent Evaluation Group (IEG) have agreed on measures to improve this process.

Palabras clave

ACCESS TO EDUCATION, ACCESS TO FINANCE, ACCESS TO MARKETS, ACCOUNTABILITY, ACCOUNTING, ADMINISTRATIVE REFORM, ADVISORY SERVICES, ADVISORY WORK, ASSET MANAGEMENT, BANK FINANCING, BANK LENDING, BANK MANAGEMENT, BANK PERFORMANCE, BANK SUPERVISION, BANKING SECTOR, BANKS, BASIC NEEDS, BIASES, BUDGETING, CAPACITY ENHANCEMENT, CAPITAL BASE, CAPITAL FLOWS, CAPITAL GROWTH, CAS, CENTRAL BANK, CIVIL SERVICE, COMMODITY PRICES, COMMUNICABLE DISEASES, CONFLICTS OF INTEREST, CORPORATE FINANCE, CORPORATE GOVERNANCE, CORRUPTION, COST EFFECTIVENESS, CREDIBILITY, CREDIT LINE, CREDITS, DEBT, DECENTRALIZATION, DECISION MAKING, DEMONSTRATION EFFECTS, DEVELOPING COUNTRIES, DEVELOPING COUNTRY, DEVELOPMENT STRATEGIES, DISASTER PREVENTION, DISBURSEMENT, DISPUTE RESOLUTION, DIVERSIFICATION, ECONOMIC ACTIVITIES, ECONOMIC COOPERATION, ECONOMIC CRISES, ECONOMIC CRISIS, ECONOMIC GROWTH, ECONOMIC OPPORTUNITIES, ECONOMIC POLICIES, ECONOMIC POLICY, ENABLING ENVIRONMENT, ENROLLMENTS, ENTREPRENEURS, ENVIRONMENTAL DEGRADATION, ENVIRONMENTAL POLICIES, ENVIRONMENTAL SUSTAINABILITY, EVALUATION RESULTS, EXCESS LIQUIDITY, EXERCISES, EXPENDITURE, EXPENDITURES, EXTREME POVERTY, FINANCE INITIATIVE, FINANCIAL CAPACITY, FINANCIAL CRISES, FINANCIAL CRISIS, FINANCIAL INSTITUTION, FINANCIAL INSTRUMENTS, FINANCIAL INTERMEDIARIES, FINANCIAL MANAGEMENT, FINANCIAL MARKETS, FINANCIAL PRODUCTS, FINANCIAL SUPPORT, FINANCIAL SUSTAINABILITY, FOREIGN BANK, FOREIGN DIRECT INVESTMENT, FUNDING SOURCES, GLOBAL TRADE, GOVERNMENT CAPACITY, GOVERNMENT REVENUE, GRANT FUNDING, GROSS DOMESTIC PRODUCT, GUARANTEE AGENCY, HEALTH INTERVENTIONS, HOSPITALS, HOST COUNTRY, HUMAN DEVELOPMENT, HUMAN RESOURCES, ICR, IMPLEMENTATION COMPLETION REPORT, INCOME, INFORMATION TECHNOLOGY, INFRASTRUCTURE DEVELOPMENT, INFRASTRUCTURE PROJECTS, INSURANCE, INTERNATIONAL BANK, INTERNATIONAL DEVELOPMENT, INTERNATIONAL FINANCE, INTERNATIONAL FINANCIAL INSTITUTION, INVESTMENT CLIMATE, INVESTMENT DECISIONS, INVESTMENT FLOWS, INVESTMENT PROJECTS, ISSUANCE, JUSTICE SYSTEMS, KEY CHALLENGE, LABOR MARKET, LACK OF ACCESS, LEARNING, LEGAL RECOURSE, LENDER, LENDING INSTRUMENT, LEPROSY, LIVING STANDARDS, LOAN, LOCAL CAPACITIES, LOCAL CAPACITY, LONG-TERM CAPITAL, MACROECONOMIC MANAGEMENT, MACROECONOMIC STABILITY, MARKET INFRASTRUCTURE, MONITORING TOOLS, MORTALITY, MUNICIPAL GOVERNMENTS, NATURAL DISASTERS, NEW ENTRANTS, NONGOVERNMENTAL ORGANIZATIONS, NOW ACCOUNTS, NUTRITION, OIL PRICE, OIL PRICES, POLICY ENVIRONMENTS, POLITICAL ECONOMY, POLITICAL RISK, POLITICAL RISKS, POLLUTION, PORTFOLIO, PORTFOLIO QUALITY, POTENTIAL INVESTMENTS, POVERTY ASSESSMENTS, POVERTY REDUCTION, PRIVATE CAPITAL, PRIVATE ENTERPRISE, PRIVATE INVESTMENT, PRIVATE INVESTMENTS, PRIVATIZATION, PROGRAMS, PROJECT EVALUATION, PUBLIC-PRIVATE PARTNERSHIP, PUBLIC-PRIVATE PARTNERSHIPS, RATE OF RETURN, REAL SECTOR, REGULATORY FRAMEWORK, RETURNS, RISK MITIGATION, SAFETY NET, SALES GROWTH, SHORT-TERM TRADE FINANCE, SOCIAL FUNDS, SOCIAL PERFORMANCE, SOCIAL SAFETY NETS, SUBSIDIARIES, SUPERVISION OF BANK, SUSTAINABLE DEVELOPMENT, SWAP, SWAPS, TARGETED INTERVENTIONS, TAX, TAX ADMINISTRATION, TECHNICAL ASSISTANCE, TELECOMMUNICATIONS, TRANSACTION, TRANSACTION COSTS, TRANSITION ECONOMIES, TRANSPARENCY, TRANSPORT, WATER SUPPLY