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Hazards of Nature, Risks to Development
An evaluation carried out by the Independent Evaluation Group (IEG), an autonomous body reporting directly to the Board of Executive Directors of the World Bank Group to assess the effectiveness of the Bank's development efforts, and one of the most comprehensive reviews of disaster preparedness and response ever conducted. Calls for new thinking that integrates predictable disaster risks into development programs. Concludes that it is possible to anticipate where many natural disasters will strike, yet expresses concerns that the World Bank's disaster assistance efforts are underutilizing these vital lifesaving forecasts.
From Schooling Access to Learning Outcomes, an Unfinished Agenda
This document is an evaluation of World Bank support to primary education. It has two objectives. The first is to assess World Bank assistance to countries in their efforts to improve their basic knowledge and skills base through the provision of quality primary education, particularly since the beginning of the Education for All (EFA) movement in 1990. The second objective is to provide lessons for countries in their development strategies, and for the Bank in its support of those strategies.
Financial Sector Assessment Program
"The Financial Sector Assessment Program (FSAP) is a major initiative, undertaken jointly by the World Bank and the IMF, in response to the financial crises of the late 1990s. The ultimate objectives of the program are (i) the identification and resolution of financial sector vulnerabilities and their macroeconomic stability implications; and (ii) fostering financial sector development and its contribution to economic growth. In addition, the FSAP was expected to help the Bank, Fund, and other institutions design appropriate assistance to address issues identified by the FSAP. The evaluation found that the FSAP is a good quality diagnostic tool. Joint Bank-Fund cooperation has allowed an integrated approach towards financial sector vulnerabilities and development needs, and has expanded the depth and quality of the skills base. The assessments, however, fall short in prioritizing recommendations and integrating the findings and recommendations of the assessments into its overall programs."
Committing to Results
This evaluation assesses the development effectiveness of the World Bank's country-level HIV/AIDS assistance defined as policy dialogue, analytic work, and lending with the explicit objective of reducing the scope or impact of the AIDS epidemic. The evaluation identifies findings from this experience and makes recommendations to improve the relevance, efficiency and efficacy of ongoing and future activities. This is the first comprehensive evaluation of the World Bank's HIV/AIDS support to countries, from the beginning of the epidemic through mid-2004. Because the Bank's assistance is for implementation of government programs by government, it provides important insights on how national AIDS programs can be made more effective.
Catalyzing Development
Some may dispute the effectiveness of aid. But few would disagree that aid delivered to the right source and in the right way can help poor and fragile countries develop. It can be a catalyst, but not a driver of development. Aid now operates in an arena with new players, such as middle-income countries, private philanthropists, and the business community; new challenges presented by fragile states, capacity development, and climate change; and new approaches, including transparency, scaling up, and South-South cooperation. The next High Level Forum on Aid Effectiveness must determine how to organize and deliver aid better in this environment. Catalyzing Development proposes ten actionable g...
Debt Relief for the Poorest
This study evaluates progress under the HIPC initiative since IEG's 2003 evaluation. It finds that the Enhanced HIPC initiative cut debt ratios in half for 18 countries, but in eight of these countries, the ratios have come to once again exceed HIPC thresholds. Debt reduction alone is not a sufficient instrument to affect the multiple drivers of debt sustainability. Sustained improvements in export diversification, fiscal management, the terms of new financing, and public debt management are also needed, measures that fall outside the ambit of the HIPC initiative.
Assessing World Bank Support for Trade, 1987-2004
An independent evaluation of the World Bank's extensive support to developing countries on trade issues between 1987 and 2004. The study assesses the development effectiveness of World Bank trade-related advocacy, capacity-building, lending and research. It examines the extent to which the Bank's policies and assistance have met its stated objectives in the area of trade and makes recommendations to strengthen the effectiveness of future Bank trade assistance.
IEG Review of World Bank Assistance for Financial Sector Reform
This evaluation presents an independent assessment of the Bank's support for financial sector reforms over the period FY93-03. It assesses the extent to which the objectives of Bank assistance were achieved, including reducing government ownership of financial intermediaries, decreased market concentration, increased competition and efficiency, healthier and more stable financial intermediaries, and deeper, more developed financial systems. It also examines Bank support for financial sector reforms in countries under crisis.
World Bank Assistance to the Financial Sector
"This report is a synthesis of three evaluations carried out by the Independent Evaluation Group and completed between July 2005 and February 2006, on different aspects of Bank assistance to financial sector development in client countries. The three evaluation reports are World Bank Lending for Lines of Credit: An IEG Evaluation; IEG Review of World Bank Assistance for Financial Sector Reform; and Financial Sector Assessment Program: IEG Review of the Joint World Bank and IMF Initiative. This paper seeks to draw out common themes and issues that have arisen from the three evaluations, which reviewed major components of the Bank's assistance during more than a decade to the financial sectors of client countries."
World Bank Lending for Lines of Credit
This review of World Bank support for lines of credit, channeled through local financial institutions in client countries, finds that the Bank's own guidelines have not been followed and outcomes are poor.
