By World Bank
For the realm financial institution and its companions, the ever present try out is to bring results-to raise humans out of poverty and advertise socially and environmentally sustainable improvement. reaching such good fortune in any person kingdom is more and more intertwined with making development on shared international demanding situations. The 2008 Annual assessment of improvement Effectiveness, an self sufficient overview, offers proof at the Bank's efforts in very important and attached parts: monitoring results of financial institution tasks and nation courses; and growth in fostering international public items, corresponding to keeping the earth's weather and combating the unfold of risky communicable illnesses.
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Additional info for 2008 Annual Review of Development Effectiveness: Shared Global Challenges
CASCR review data, available since fiscal 2004, present a slightly more favorable assessment. 10 Here too, none of the country programs were rated highly unsatisfactory. Consistent with the CAEs, higher ratings are almost entirely due to better outcomes in MICs than in LICs. More than three-fourths of the MICs had moderately satisfactory or better country outcomes, compared with half of LICs reviewed. And in only one MIC was Bank assistance rated unsatisfactory, as compared with four LICs, even though there were many more MICs in the sample.
And Bank overall performance—as distinct from borrower performance or the effects of uncontrollable events—was ranked moderately unsatisfactory or worse in two-thirds of these problem projects, compared with only about one-fifth of the full sample. All of this points to a challenge in re-emphasizing a proactive quality control in management’s attention to ongoing project performance. How It Adds Up: Outcomes of Bank Country Programs While Bank-supported projects have largely yielded positive development outcomes, country program outcomes—measured against their own objectives, which typically include growth, poverty reduction, and the environment—are far less satisfactory.
PART I Tracking Bank Performance Chapter 2 Evaluation Highlights • Project outcome ratings improved over the medium term. • Attention is needed to address the growing lack of realism in assessments of ongoing project performance. • Unsatisfactory projects in fiscal 2007 were hampered by overly ambitious objectives, complexity, and inadequate design. • Many country programs produced satisfactory outcomes, especially those in large countries where many of the world’s poor live. • Overall, however, some 40 percent of country programs have been moderately unsatisfactory or worse in outcomes.
2008 Annual Review of Development Effectiveness: Shared Global Challenges by World Bank