Publication: Country Partnership Framework for the Republic of Ecuador for the Period of the FY19-FY23
Loading...
Date
2019-06-11
ISSN
Published
2019-06-11
Author(s)
Editor(s)
Abstract
The Country Partnership Framework (CPF) follows three distinct periods that have framed the World Bank Group’s (WBG’s) relationship with Ecuador. There was an extended period (FY07-FY14) in which the WBG had a limited dialogue with the Government of Ecuador (GoE, the Government), followed by a two-year period in which the policy dialogue, analytical work and lending operations were re-initiated in targeted areas of engagement, under the framework of the FY14-FY15 Interim Strategy Note (ISN). Finally, in early 2016 during a period of uncertainty amidst a rapidly changing context, the WBG Country Engagement Note for the period FY16-FY17 provided the structure for a continued reengagement in limited, focused areas, and helped develop deeper knowledge about Ecuador’s broader development challenges through strategic analytical work that will help advance towards the preparation of a broader, medium-term engagement framework for the WBG. The CPF represents a significant scale up of the WBG’s ongoing engagement in Ecuador and requires the WBG, the World Bank (WB), the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA) to work in a closely coordinated and complementary fashion in support of the CPF objectives and program. The WB, IFC, and MIGA will continue working together to deliver top quality support to Ecuador’s efforts at building a thriving private sector, and maximize finance for development, including in the design of Development Policy Financing (DPF) operations. In this new context, the WBG will be: (i) front-loading its financial support for the current efforts at macro-stabilization, revival of the private sector, and protection of the poor and vulnerable; (ii) continuing to produce quality and timely Advisory Services and Analytics (ASA); (iii) increasing its partnership with other International Financial Institutions (IFIs) and development partners; (iv) continuing to look for investment opportunities with companies in several sectors (e.g. agribusiness, manufacturing and financial institutions) and where enabling conditions are improved (e.g. mining), and (v) scaling its dialogue with multiple stakeholders in the country, including the private sector and civil society organizations, to assure complementarity and the mutual reinforcement of their agendas. The Performance and Learning Review (PLR), scheduled for FY21, will provide the opportunity to take stock of progress towards CPF objectives and determine how best to adjust, continue, and deepen the WBG’s engagement in Ecuador.
Link to Data Set
Citation
“World Bank Group. 2019. Country Partnership Framework for the Republic of Ecuador for the Period of the FY19-FY23. © World Bank. http://hdl.handle.net/10986/31899 License: CC BY 3.0 IGO.”
Associated URLs
Associated content
Other publications in this report series
Journal
Journal Volume
Journal Issue
Collections
Related items
Showing items related by metadata.
Publication Country Partnership Framework for the Central African Republic for the Period FY21-FY25(World Bank, Washington, DC, 2020-08-04)The WBG proposes a five-year strategy for CAR focused on a resilient and inclusive COVID-19 recovery amid an historic turn-around opportunity. The proposed program has been calibrated to fully address CAR’s fragility drivers. With women’s empowerment and digital development as cross-cutting priorities, the CPF is structured along two focus areas: Focus Area 1 - Human Capital and Connectivity to Boost Stabilization, Inclusion and Resilience, with direct support to the peace process; immediate social and health responses to COVID-19; sectoral engagements in health, education, energy, water and transport; and specific investments in the empowerment of women and girls. Focus Area 2 - Economic Management and Improved Governance to Build State Legitimacy and Foster Growth, with a strong program of reforms and targeted investments to strengthen public financial management (PFM) and debt management and transparency; support decentralization, increase domestic resource mobilization (DRM), and digitize the administration; and support the private sector.Publication Country Partnership Framework for the Republic of Paraguay for the Period FY19-FY23(World Bank, Washington, DC, 2018-12)This document lays out the rationale for, and principal elements of, the World Bank Group (WBG) Country Partnership Framework (CPF) for Paraguay for FY19 to FY23. The proposed CPF is aligned with the core priorities of the new Paraguayan AdministratioPublication Country Partnership Framework for the Republic of Liberia for the Period FY19 - FY24(World Bank, Washington, DC, 2018-10-26)The Liberian economy is undergoing a process of structural transformation, as the dominanceof agriculture and mining gradually gives way to a rising services sector. Much of the Liberian economy is structured around foreign direct investment (FDI) and the development of private agricultural, mining, and forestry concessions. The Liberian economy showed signs of recovery in 2017-2018, amid significant fiscal and external imbalances. The medium-term outlook remains positive, assuming the new government maintains prudent macroeconomic policies, pursues a judicious borrowing policy, and implements planned structural reforms. The favorable medium-term growth outlook also assumes that sound macroeconomic management and structural reforms will strengthen investor confidence. The Government’s medium-term development strategy (July 2018-June 2023), the Pro-poor Agenda for Prosperity and Development (PAPD), is designed around the priorities set forth in President Weah’s inaugural speech and State of the Nation address: (i) combatting corruption; (ii) improving efficiency and accountability in the public sector; (iii) promoting honesty and transparency in the private sector; (iv) narrowing infrastructure gaps, especially in the southeast; and (v) creating jobs, especially for young workers. The Country Partnership Framework emphasizes the importance of shifting the focus of the WBG program from being infrastructure intensive under the previous CPS toward a more balanced approach with greater attention to education, agriculture, economic empowerment of women and youth, and maternal and child health. WBG will support smallholder commercialization and private-sector investment in agribusiness by fostering productive business linkages among smallholder farmers, selected agribusiness firms, and business-development services—with a special focus on constraints faced by women and youth.Publication Country Partnership Framework for the Kingdom of Morocco for the Period of FY19-FY24(World Bank, Washington, DC, 2019-01-18)This Country Partnership Framework (CPF) for Morocco for the period FY2019-24 has the overarching goal of contributing to social cohesion by improving the conditions for growth and job creation and reducing social and territorial disparities. Prepared collaboratively by IBRD, IFC and MIGA, the CPF translates the recommendations of the SCD and the Country Private Sector Diagnostic (CPSD) into an integrated World Bank Group (WBG) engagement. The CPF is aligned with the objectives of the Government’s Program and Medium-Term Strategy 2017-21. It is also consistent with the third phase (2019-23) of the Government’s National Initiative for Human Development (INDH), which focuses on strengthening human capital through improved education, healthcare and social protection, and on enhancing youth economic inclusion. Opportunities for youth are at the center of the CPF.The CPF responds to Morocco’s ambition to successfully navigate this crucial point in its history. To achieve its objective of contributing to social cohesion and reducing social and territorial disparities, this CPF pursues three strategic focus areas: (A) Promoting Job Creation by the Private Sector; (B) Strengthening Human Capital; and (C) Promoting Inclusive and Resilient Territorial Development. Governance and Citizen Engagement are the foundational principles of the CPF, and Gender and Digital Technology are cross-cutting themes.Strong country ownership and demand are important determinants of the specific activities included in the CPF program. The first three years of the program have been defined jointly with the Government. The program supports the shift to a new development model, based on a scenario of deep and sustained structural reforms to increase productivity gains with special attention to innovation, market contestability and unleashing private sector potential.Under this scenario, Morocco would be able to maintain a relatively high rate of economic growth and economic convergence with more developed countries while preserving macroeconomic stability. The other two possible scenarios: voluntary growth-oriented policies without productivity-enhancing reforms or the pursuit of current macroeconomic and structural policies would respectively lead to large macroeconomic imbalances or a disappointing growth performance.Publication Country Partnership Framework for the Federal Democratic Republic of Ethiopia for the Period FY18-FY22(World Bank, Washington, DC, 2017-05-22)Ethiopia has achieved substantial progress in economic, social, and human development over the past decade. The country partnership framework (CPF) draws on the findings of the World Bank Group (WBG’s) 2016 systematic country diagnostic (SCD) for Ethiopia, which identified eight binding constraints to ending extreme poverty and boosting shared prosperity, along with two overarching challenges: the need for a sustainable financing model for growth, and inadequate feedback mechanisms to facilitate citizen engagement and government account- ability. This CPF succeeds the Ethiopia FY13-FY16 country partnership strategy (CPS), which was discussed at the Board on August 29, 2012. It also reflects lessons learned and resulting suggestions from the CPS completion and learning review (CLR), which is presented in this report. Following a decade of strong economic growth in Ethiopia, the CPF addresses the challenges of forging a growth path that is more broadly inclusive and sustainable. The CPF program will focus on: (i) promoting structural and economic transformation through increased productivity; (ii) building resilience and inclusiveness (including gender equality); and (iii) supporting institutional accountability and confronting corruption. This CPF adopts a spatial lens through which this five-year program will seek to deliver bold results and to tackle two of the greatest spatial challenges to Ethiopia’s quest to achieve lower middle-income status by 2025.
Users also downloaded
Showing related downloaded files
Publication Media and Messages for Nutrition and Health(World Bank, Washington, DC, 2020-06)The Lao People’s Democratic Republic (Lao PDR) has experienced rapid and significant economic growth over the past decade. However, poor nutritional outcomes remain a concern. Rates of childhood undernutrition are particularly high in remote, rural, and upland areas. Media have the potential to play an important role in shaping health and nutrition–related behaviors and practices as well as in promoting sociocultural and economic development that might contribute to improved nutritional outcomes. This report presents the results of a media audit (MA) that was conducted to inform the development and production of mass media advocacy and communication strategies and materials with a focus on maternal and child health and nutrition that would reach the most people from the poorest communities in northern Lao PDR. Making more people aware of useful information, essential services and products and influencing them to use these effectively is the ultimate goal of mass media campaigns, and the MA measures the potential effectiveness of media efforts to reach this goal. The effectiveness of communication channels to deliver health and nutrition messages to target beneficiaries to ensure maximum reach and uptake can be viewed in terms of preferences, satisfaction, and trust. Overall, the four most accessed media channels for receiving information among communities in the study areas were village announcements, mobile phones, television, and out-of-home (OOH) media. Of the accessed media channels, the top three most preferred channels were village announcements (40 percent), television (26 percent), and mobile phones (19 percent). In terms of trust, village announcements were the most trusted source of information (64 percent), followed by mobile phones (14 percent) and television (11 percent). Hence of all the media channels, village announcements are the most preferred, have the most satisfied users, and are the most trusted source of information in study communities from four provinces in Lao PDR with some of the highest burden of childhood undernutrition.Publication Digital Progress and Trends Report 2023(Washington, DC: World Bank, 2024-03-05)Digitalization is the transformational opportunity of our time. The digital sector has become a powerhouse of innovation, economic growth, and job creation. Value added in the IT services sector grew at 8 percent annually during 2000–22, nearly twice as fast as the global economy. Employment growth in IT services reached 7 percent annually, six times higher than total employment growth. The diffusion and adoption of digital technologies are just as critical as their invention. Digital uptake has accelerated since the COVID-19 pandemic, with 1.5 billion new internet users added from 2018 to 2022. The share of firms investing in digital solutions around the world has more than doubled from 2020 to 2022. Low-income countries, vulnerable populations, and small firms, however, have been falling behind, while transformative digital innovations such as artificial intelligence (AI) have been accelerating in higher-income countries. Although more than 90 percent of the population in high-income countries was online in 2022, only one in four people in low-income countries used the internet, and the speed of their connection was typically only a small fraction of that in wealthier countries. As businesses in technologically advanced countries integrate generative AI into their products and services, less than half of the businesses in many low- and middle-income countries have an internet connection. The growing digital divide is exacerbating the poverty and productivity gaps between richer and poorer economies. The Digital Progress and Trends Report series will track global digitalization progress and highlight policy trends, debates, and implications for low- and middle-income countries. The series adds to the global efforts to study the progress and trends of digitalization in two main ways: · By compiling, curating, and analyzing data from diverse sources to present a comprehensive picture of digitalization in low- and middle-income countries, including in-depth analyses on understudied topics. · By developing insights on policy opportunities, challenges, and debates and reflecting the perspectives of various stakeholders and the World Bank’s operational experiences. This report, the first in the series, aims to inform evidence-based policy making and motivate action among internal and external audiences and stakeholders. The report will bring global attention to high-performing countries that have valuable experience to share as well as to areas where efforts will need to be redoubled.Publication Global Economic Prospects, January 2025(Washington, DC: World Bank, 2025-01-16)Global growth is expected to hold steady at 2.7 percent in 2025-26. However, the global economy appears to be settling at a low growth rate that will be insufficient to foster sustained economic development—with the possibility of further headwinds from heightened policy uncertainty and adverse trade policy shifts, geopolitical tensions, persistent inflation, and climate-related natural disasters. Against this backdrop, emerging market and developing economies are set to enter the second quarter of the twenty-first century with per capita incomes on a trajectory that implies substantially slower catch-up toward advanced-economy living standards than they previously experienced. Without course corrections, most low-income countries are unlikely to graduate to middle-income status by the middle of the century. Policy action at both global and national levels is needed to foster a more favorable external environment, enhance macroeconomic stability, reduce structural constraints, address the effects of climate change, and thus accelerate long-term growth and development.Publication Economic Recovery(World Bank, Washington, DC, 2021-04-06)World Bank Group President David Malpass spoke about the world facing major challenges, including COVID, climate change, rising poverty and inequality and growing fragility and violence in many countries. He highlighted vaccines, working closely with Gavi, WHO, and UNICEF, the World Bank has conducted over one hundred capacity assessments, many even more before vaccines were available. The World Bank Group worked to achieve a debt service suspension initiative and increased transparency in debt contracts at developing countries. The World Bank Group is finalizing a new climate change action plan, which includes a big step up in financing, building on their record climate financing over the past two years. He noted big challenges to bring all together to achieve GRID: green, resilient, and inclusive development. Janet Yellen, U.S. Secretary of the Treasury, mentioned focusing on vulnerable people during the pandemic. Kristalina Georgieva, Managing Director of the International Monetary Fund, focused on giving everyone a fair shot during a sustainable recovery. All three commented on the importance of tackling climate change.Publication Business Ready 2024(Washington, DC: World Bank, 2024-10-03)Business Ready (B-READY) is a new World Bank Group corporate flagship report that evaluates the business and investment climate worldwide. It replaces and improves upon the Doing Business project. B-READY provides a comprehensive data set and description of the factors that strengthen the private sector, not only by advancing the interests of individual firms but also by elevating the interests of workers, consumers, potential new enterprises, and the natural environment. This 2024 report introduces a new analytical framework that benchmarks economies based on three pillars: Regulatory Framework, Public Services, and Operational Efficiency. The analysis centers on 10 topics essential for private sector development that correspond to various stages of the life cycle of a firm. The report also offers insights into three cross-cutting themes that are relevant for modern economies: digital adoption, environmental sustainability, and gender. B-READY draws on a robust data collection process that includes specially tailored expert questionnaires and firm-level surveys. The 2024 report, which covers 50 economies, serves as the first in a series that will expand in geographical coverage and refine its methodology over time, supporting reform advocacy, policy guidance, and further analysis and research.