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  • Publication
    Country Partnership Framework for the Federative Republic of Brazil for the Period FY18-FY23
    (World Bank, Washington, DC, 2017-05-16) World Bank; International Finance Corporation; Multilateral Investment Guarantee Agency
    The country partnership framework (CPF) for Brazil covers the six-year period from FY18 to FY23.1 The CPF is aligned with the objectives of the country’s development strategy as outlined in the Brazil growth strategy presented by the authorities and is rooted in the findings and recommendations of the World Bank Group (WBG) systematic country diagnostic (SCD) for Brazil, which contains an analysis of key constraints for inclusive and sustainable growth. The CPF supports the country in making further progress on the WBG twin goals of eliminating extreme poverty and boosting shared prosperity through a program that focuses on creating the conditions for faster job growth. The CPF reflects the priorities of the Brazilian authorities and the resources and capacity of the WBG to deliver against these priorities. The CPF is built around three focus areas: (i) fiscal consolidation and government effectiveness; (ii) private sector investment and productivity; and (iii) equitable and sustainable development. The CPF continues the strong focus on improved service delivery that was at the center of the previous strategy, including through the implementation of the large existing portfolio, but with a growing emphasis on new management models that promise to increase the efficiency and efficacy of the public sector in addition to safeguarding access for the poor.
  • Publication
    Investing in Women’s Employment : Good for Business, Good for Development
    (Washington, DC, 2013-10) International Finance Corporation
    Economic growth is more robust and sustainable when women and men alike participate fully in the labor market. Better jobs for women, employment that leads to higher wages and greater decision-making, also have a positive influence on the ways households spend money on children s nutrition, health, and education. Meanwhile, companies that invest in women s employment gain an important competitive advantage. Yet despite the persuasive evidence that gender equality has a transformative effect on productivity and growth, women s full economic and productive potential remains unrealized in many parts of the world. Globally, while women s education levels have increased and educated women now earn more than their uneducated peers, gender gaps in labor-market participation and wage levels persist. Women continue to be underrepresented in formal and higher value-added employment. This report, investing in women s employment: good for Business, good for development, is the first result of the WINvest initiative. It draws on members experiences and encourages business to tap and manage female talent in emerging and developing markets.
  • Publication
    IFC Annual Report 2012 : Innovation, Influence, Demonstration, Volume 1. Impact
    (Washington, DC: World Bank, 2012) International Finance Corporation
    This annual report of the International Finance Corporation (IFC) summarizes the innovation and leadership roles in the private sector during fiscal year 2012. The IFC invested a record $20.4 billion in 103 developing countries, reflecting a doubling of annual commitments over the last five years. Those investments included nearly $5 billion mobilized from other investors, and an investment for Sub-Saharan Africa totaling $2.7 billion, nearly twice as much as five years ago. The advisory services program expenditures grew to $197 million, up more than 50 percent over the last five years. Advisory services also helped 33 client governments introduce 56 investment-climate reforms that will improve access to basic services for more than 16 million people. IFC investment clients helped support 2.5 million jobs in 2011 and made 23 million loans totaling more than $200 billion to micro, small, and medium enterprises. Net income before grants to the International Development Association (IDA) totaled $1.66 billion. The IFC has invested more than $23 billion in IDA countries, nearly $6 billion of it in fiscal year 2012 alone.
  • Publication
    IFC Annual Report 2012 : Innovation, Influence, Demonstration, Volume 2. Results
    (Washington, DC: World Bank, 2012) International Finance Corporation
    This annual report of the International Finance Corporation (IFC) summarizes the innovation and leadership roles in the private sector during fiscal year 2012. The IFC invested a record $20.4 billion in 103 developing countries, reflecting a doubling of annual commitments over the last five years. Those investments included nearly $5 billion mobilized from other investors, and an investment for Sub-Saharan Africa totaling $2.7 billion, nearly twice as much as five years ago. The advisory services program expenditures grew to $197 million, up more than 50 percent over the last five years. Advisory services also helped 33 client governments introduce 56 investment-climate reforms that will improve access to basic services for more than 16 million people. IFC investment clients helped support 2.5 million jobs in 2011 and made 23 million loans totaling more than $200 billion to micro, small, and medium enterprises. Net income before grants to the International Development Association (IDA) totaled $1.66 billion. The IFC has invested more than $23 billion in IDA countries, nearly $6 billion of it in fiscal year 2012 alone.