LEADER 07465oam 22007815 450 001 9910787284403321 005 20200520144314.0 010 $a1-4648-0217-3 024 7 $abkey=content/book/978-1-4648-0216-4 035 $a(CKB)3710000000275312 035 $a(EBL)1839783 035 $a(SSID)ssj0001399950 035 $a(PQKBManifestationID)11755481 035 $a(PQKBTitleCode)TC0001399950 035 $a(PQKBWorkID)11469335 035 $a(PQKB)11604194 035 $a(MiAaPQ)EBC1839783 035 $a(Au-PeEL)EBL1839783 035 $a(CaPaEBR)ebr10962299 035 $a(CaONFJC)MIL664814 035 $a(OCoLC)896850735 035 $a(OCoLC)ocn898053700 035 $a(US-djbf)18604061 035 $a(EXLCZ)993710000000275312 100 $a20150505d2014 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt$2rdacontent 182 $cn$2rdamedia 183 $anc$2rdacarrier 200 00$aBrazil country program evaluation, FY2004-11 $eevaluation of the World Bank Group program 210 1$aWashington, D.C. :$cIndependent Evaluation Group, The World Bank Group,$d2014. 215 $a1 online resource (xxxii, 264 pages)$cillustrations ;$d26 cm 225 0 $aIndependent Evaluation Group Studies 300 $aDescription based upon print version of record. 311 $a1-322-33532-X 311 $a1-4648-0216-5 320 $aIncludes bibliographical references. 327 $aCover; Contents; Abbreviations; Acknowledgments; Overview; Management Action Record; 1. Purpose and Country Context; Country Context Prior to the Evaluation Period (1995-2003); Figures; Figure 1.1 Substantial Achievement in Fiscal Adjustment and Price Stabilization in the Late 1990's; Brazil's Development Challenges during the Evaluation Period (FY04-11); Figure 1.2 Poverty and Inequality Declined Steadily; Figure 1.3 GDP Growth Rate: Brazil and Major Emerging Countries; Evaluation Issues; 2. Continuity and Evolution of the World Bank Group Program; World Bank Group Strategy: FY04-11 327 $aFigure 2.1 CAS/CPS Pillars with FY04-07 Subpillars Figure 2.2 Share of Subnational Lending under the FY08-11 CPS; Operational Trends and Patterns: Bank Group Products and Services; Figure 2.3 IBRD and IFC Commitments; Figure 2.4 Lending by Themes; Tables; Table 2.1 IBRD Lending and Disbursement, FY04-11; Figure 2.5 ESW and NLTA Activities, FY04-11; Figure 2.6 IFC Net Commitments, FY04-11; Figure 2.7 Growth of Long-Term Investments and Trade Finance; Table 2.2 IFC Net Commitment, FY04-11 (IFC's own account); Figure 2.8 IFC Advisory Services Total Cost by Business Line, FY05-11 327 $aFigure 2.9 MIGA Outstanding Gross Exposure Collaboration with Development Partners and within the World Bank Group; 3. Toward a More Equitable and Sustainable Brazil; Toward a More Equitable Brazil; Boxes; Box 3.1 Conditions for Bolsa Familia Assistance; Table 3.1 Outcome Achievement during the Bolsa Familia APL 1; Figure 3.1 Impacts of Bolsa Familia; Box 3.2 Impact and Evolution of the FUNDEF; Toward a More Sustainable Brazil; Figure 3.2 Amazonian Deforestation by Year and State, 2000-12; Figure 3.3 Licenses Issued by IBAMA, 2001-12; 4. Growth, Competitiveness, and Economic Management 327 $aA More Competitive Brazil Table 4.1 Infrastructure: Results of the Reforms Supported of the Programmatic Growth Series as Seen in IEG's ICR Review (FY04-07); Table 4.2 Establishing a Successful Climate and Environment for Competition: Progress of Reforms Supported by the Programmatic Growth Loan Series (FY04-07); Figure 4.1 Number of Days Needed to Start a Business; Table 4.3 Business Climate Reform Components in Subnational DPLs and SWAps; Table 4.4 Financial Sector: Results in the Reforms Supported by the Programmatic Growth Series (FY04-07) 327 $aTable 4.5 IFC Net Commitments for Financial Markets Operations in Brazil Sound Macroeconomic and Public Sector Management; Box 4.1 Fiscal Responsibility Law; Table 4.6 Fiscal and Budget Management Measures Supported by State DPLs and SWAps; 5. Emerging Messages and Recommendations; Emerging Messages; Recommendations; Appendixes; Appendix A: World Bank Group Strategies, 1995-2003; Appendix B: Guide to IEG's Country Program Evaluation Methodology; Appendix C: Reference Tables; Appendix D: IFC Operations in Brazil, FY04-11; Appendix E: MIGA Operations in Brazil, FY04-11 327 $aAppendix F: Country Partnership Strategy Targets on Forests 330 3 $aIEG's evaluation shows that the World Bank Group remained an important partner for the government in addressing many key policy challenges. The World Bank adapted its program effectively to meet shifting country needs, which shifted to subnational government support in the mid-2000s. The International Finance Corporation (IFC) provided useful advisory support for structuring public-private partnership projects and trade finance during the 2008-09 global financial crisis. The Multilateral Investment Guarantee Agency (MIGA) concentrated its activities on the electricity transmission subsector. IEG rates the overall outcome of the Bank Group program as moderately satisfactory, with some important variability across themes. The Bank Group made significant contributions when it served as an advisor, providing analytical input and exchanging views on relevant policy issues. Advisory support for structuring public-private partnership projects leveraged IFC's global expertise in project financing. The Bank Group's convening power provided diverse stakeholders with a platform to examine issues and trade-offs that cut across organizational boundaries. In addition, the Bank helped reduce deforestation in the Amazon through support for a major expansion of protected areas and indigenous territories, as well as for building the capacity of national and state environmental agencies. Results were less satisfactory in addressing infrastructure bottlenecks, particularly in logistics and the cost of doing business. These areas remained critical constraints to Brazil's growth and a key government concern. A question regarding the overall country strategy is whether the use of a few very large operations with opportunity cost relative to the IBRD exposure limit was appropriate. The strong demand for Bank Group financial and knowledge support in Brazil is likely to continue. To ensure efficient use of operational resources, the Bank Group must maximize its contribution per dollar loaned and per dollar of Bank Group budget resources. IEG recommends that the Bank Group make catalytic impact a major criterion in the design of its future strategy in Brazil. This means that in selecting the programs and projects to support, the emphasis should be on those with benefits beyond the individual intervention. 410 0$aWorld Bank e-Library. 607 $aBrazil$xEconomic conditions$y1968- 607 $aBrazil$xEconomic policy 676 $a338.9 712 02$aWorld Bank.$bIndependent Evaluation Group. 712 02$aWorld Bank Group. 801 0$bCDX 801 1$bCDX 801 2$bYDXCP 801 2$bOCLCQ 801 2$bOCLCO 801 2$bBTCTA 801 2$bUKMGB 801 2$bINU 801 2$bRRR 801 2$bOCLCQ 801 2$bOCLCF 801 2$bOWS 801 2$bDLC 906 $aBOOK 912 $a9910787284403321 996 $aBrazil country program evaluation, FY2004-11$93718650 997 $aUNINA