IEG Annual Report 2011 : Results and Performance of the World Bank Group
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 improv...
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Language: | English en_US |
Published: |
Washington, DC: World Bank Group
2015
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Online Access: | http://documents.worldbank.org/curated/en/2011/01/15456089/ieg-annual-report-2011-results-performance-world-bank-group-vol-1-3-main-report http://hdl.handle.net/10986/21338 |
Summary: | 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. |
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