LEADER 05714oam 22007335 450 001 9910778264603321 005 20200520144314.0 010 $a1-281-11324-7 010 $a9786611113247 010 $a0-8213-7265-3 024 7 $a10.1596/978-0-8213-7264-7 035 $a(CKB)1000000000481525 035 $a(EBL)459407 035 $a(OCoLC)224523815 035 $a(SSID)ssj0000087534 035 $a(PQKBManifestationID)11111603 035 $a(PQKBTitleCode)TC0000087534 035 $a(PQKBWorkID)10054190 035 $a(PQKB)10954252 035 $a(MiAaPQ)EBC459407 035 $a(Au-PeEL)EBL459407 035 $a(CaPaEBR)ebr10202647 035 $a(CaONFJC)MIL111324 035 $a(OCoLC)935270844 035 $a(The World Bank)ocn182525793 035 $a(US-djbf)15167201 035 $a(EXLCZ)991000000000481525 100 $a20080204d2007 uf 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 00$aIndependent evaluation of IFC's development results 2007 : $elessons and implications from 10 years of experience /$fIndependent Evaluation Group 210 1$aWashington, D.C. :$cInternational Finance Corp.,$d2007. 215 $axlii, 72 pages $cillustrations ;$d28 cm 300 $a"This report was prepared by a team led by Dan Crabtree and Hiroyuki Hatashima"--P. ix. 311 $a0-8213-7264-5 320 $aIncludes bibliographical references. 327 $aContents; Abbreviations; Acknowledgments; Foreword; Avant-propos; Pro?logo; Executive Summary; Re?sume? analytique; Resumen; IFC Management Response to IEG-IFC; Chairperson's Summary: Committee on Development Effectiveness (CODE); 1 Development Results of IFC-Supported Projects, 1996-2006; Figure 1.1 IFC Has Increased Its Private Investment Operations Sixfold since 1991; Table 1.1 IFC Is More Concentrated Than Other Private Capital in Frontier Countries; Box 1.1 IEG Independently Rates the Development and Investment Performance of IFC Operations 327 $aBox 1.2 Examples of Successful and Less Successful IFC Projects Figure 1.2 IFC Operations Can Help Reduce Poverty through a Chain of Events; Table 1.2 Most IFC-Supported Projects Achieved High Development Ratings, 1996-2006; Figure 1.3 Trends in Project Development Performance, 1996-2006; Figure 1.4 Projects with More High-Risk Factors Achieve Lower Development Ratings; Figure 1.5 Reduced Business Climate Risk Implies Higher Development Ratings in 2007; Figure 1.6 IFC-Supported Projects Show No Trade-off between Development Results and IFC Investment Returns 327 $aTable 1.3 More Loan Than Equity Operations Achieved High Investment Ratings Box 1.3 IFC Is Deepening Its Development Results Measurement but Methodological Challenges Remain; Box 1.4 IFC and World Bank Development Results Are Generally Not Comparable; Figure 1.7 EBRD and IFC Achieved Similar Development Ratings on One Subindicator; 2 Lessons from 10 Years of Private Sector Development Evaluation; Figure 2.1 Much Riskier Business Climates in Africa, with Some Improvement since 2003; Figure 2.2 Much Lower Private Investment in Africa Than Elsewhere 327 $aTable 2.1 IFC Success Rates Are Significantly Better Where Country Business Climate Risk Is Improving, or Not Deteriorating Figure 2.3 IFC Development Ratings Varied Considerably by Industry Department; Box 2.1 Examples of IFC Transport Investments in Brazil; Table 2.2 IFC Project Development Results Improve Significantly with the Presence of a High-Quality Sponsor; Table 2.3 Product Market Risk Has a Strong Influence on IFC Project Development Results; Box 2.2 IEG Evaluates IFC Work Quality across Three Underlying Indicators 327 $aBox 2.3 IFC Faced Considerable Challenges Pursuing Sustainable PSD in Africa Figure 2.4 Supervision Quality Has Improved since 2001, Reflecting Several Quality Enhancement Steps; Table 2.4 Good Quality Supervision Cannot Compensate Fully for Weak Appraisal Quality; Figure 2.5 IFC Is Increasing Its Provision of Local Currency Financing; Table 2.5 Evaluation Findings Have Provided a Basis for Better IFC Results in Three Main Areas; 3 Strategic Implications for IFC; Figure 3.1 Many Nonfrontier Countries Are as Lacking in Banking Capacity as Frontier Countries 327 $aTable 3.1 IFC's Financial Sector Development Success Rates Are Lower Where Banking Capacity Is Weak 330 $aAs part of the World Bank Group, IFC's overriding objective is to help reduce poverty and support sustainable development in developing countries. IFC pursues this mission by supporting the private sector to create jobs and simulate markets. This report, which assesses the impact of IFC toward that mission, appears at a time of unprecedented levels of private investment in the emerging markets. The report takes a look back at the development results that the IFC-supported projects have achieved in the last 10 years, the main lessons that have emerged at the project level and the strategic 410 0$aWorld Bank e-Library. 606 $aEconomic development projects$xEvaluation 615 0$aEconomic development projects$xEvaluation. 676 $a332.1/532 701 $aCrabtree$b Dan$01492857 701 $aHatashima$b Hiroyuki$01492858 712 02$aWorld Bank.$bIndependent Evaluation Group. 712 02$aInternational Finance Corporation. 801 0$bBTCTA 801 1$bBTCTA 801 2$bBAKER 801 2$bTJC 801 2$bYDXCP 801 2$bDLC 906 $aBOOK 912 $a9910778264603321 996 $aIndependent evaluation of IFC's development results 2007$93715568 997 $aUNINA