Publication:
The World Bank Group's Response to the Global Economic Crisis : Phase 1

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dc.contributor.authorIndependent Evaluation Group
dc.date.accessioned2012-03-19T09:03:03Z
dc.date.available2012-03-19T09:03:03Z
dc.date.issued2011
dc.description.abstractThe global economic crisis that began in 2008 threatened to erase years of progress in developing countries. In response, the World Bank Group increased lending to unprecedented levels. The World Bank posted a large increase in middle income countries (MICs), and a much smaller one in low income countries (LICs). The International Finance Corporation (IFC) focused on trade finance, mainly in LICs. Its new business initially fell in MICs, rebounding only in late fiscal 2010. The Multilateral Investment Guarantee Agency (MIGA) concentrated on guarantees in Eastern Europe. Analytic and advisory work helped inform government and private sector responses to the crisis. This report presents an initial real-time evaluation of the readiness, relevance, quality-at-entry, short-term results, and likely sustainability of the Bank Group response from the start of the crisis through fiscal 2010. This evaluation builds on a 2008 Independent Evaluation Group (IEG) assessment of Bank Group interventions during past crises and draws extensively on 11 country case studies and field visits. Given the short time since the crisis response started, the evaluation is geared more to raising flags than to presenting definitive conclusions.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333038_20110408013319
dc.identifier.doi10.1596/978-0-8213-8665-1
dc.identifier.isbn978-0-8213-8665-1
dc.identifier.urihttps://hdl.handle.net/10986/2277
dc.languageEnglish
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO FINANCE
dc.subjectACCOUNTABILITY
dc.subjectACCOUNTING
dc.subjectADB
dc.subjectADVANCED ECONOMIES
dc.subjectADVISORY SERVICES
dc.subjectADVISORY WORK
dc.subjectASSET MANAGEMENT
dc.subjectBALANCE SHEET
dc.subjectBANK ASSET
dc.subjectBANK CAPITALIZATION
dc.subjectBANK FINANCING
dc.subjectBANK LENDING
dc.subjectBANK LENDING COMMITMENTS
dc.subjectBANKING SECTOR
dc.subjectBASIC NEEDS
dc.subjectBINDING CONSTRAINT
dc.subjectBORROWING
dc.subjectBORROWING COSTS
dc.subjectBUDGET CONSTRAINTS
dc.subjectBUSINESS DEVELOPMENT
dc.subjectBUSINESS VOLUME
dc.subjectCAPACITY BUILDING
dc.subjectCAPACITY CONSTRAINTS
dc.subjectCAPITAL ADEQUACY
dc.subjectCAPITAL FLOWS
dc.subjectCASH TRANSFER
dc.subjectCOMMERCIAL FINANCE
dc.subjectCONFLICT OF INTEREST
dc.subjectCONFLICTS OF INTEREST
dc.subjectCONSOLIDATION
dc.subjectCONVERSIONS
dc.subjectCOPYRIGHT CLEARANCE
dc.subjectCOPYRIGHT CLEARANCE CENTER
dc.subjectCORPORATE GOVERNANCE
dc.subjectCOUNTRY DEBT
dc.subjectCOUNTRY RISK
dc.subjectCREDIBILITY
dc.subjectDEBT
dc.subjectDEBTS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPMENT ASSISTANCE
dc.subjectDEVELOPMENT FINANCE
dc.subjectDEVELOPMENT FINANCE COMPANY
dc.subjectDEVELOPMENT FINANCE INSTITUTIONS
dc.subjectDISBURSEMENT
dc.subjectDISBURSEMENTS
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC CRISIS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC POLICY
dc.subjectECONOMIES OF SCALE
dc.subjectEIB
dc.subjectEMERGING MARKETS
dc.subjectEMPLOYMENT
dc.subjectEQUITY CAPITAL
dc.subjectEQUITY FUND
dc.subjectEQUITY PRODUCTS
dc.subjectEXPENDITURE
dc.subjectEXPLOITATION
dc.subjectEXTREME POVERTY
dc.subjectFACTORING
dc.subjectFAMILIES
dc.subjectFIDUCIARY RESPONSIBILITY
dc.subjectFINANCE COMPANY
dc.subjectFINANCE CORPORATION
dc.subjectFINANCIAL ACCOUNTS
dc.subjectFINANCIAL ASSISTANCE
dc.subjectFINANCIAL CAPACITY
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL FLOWS
dc.subjectFINANCIAL INSTITUTION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL INTERMEDIARIES
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL RESOURCES
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SECTOR ASSESSMENT
dc.subjectFINANCIAL SECTOR DEVELOPMENT
dc.subjectFINANCIAL SECTOR REFORM
dc.subjectFINANCIAL STRESS
dc.subjectFINANCIAL SUPPORT
dc.subjectFINANCIAL SUSTAINABILITY
dc.subjectFINANCIAL SYSTEMS
dc.subjectFINANCING FACILITY
dc.subjectFINANCING NEEDS
dc.subjectFISCAL DEFICITS
dc.subjectFOREIGN CAPITAL
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE EXPOSURE
dc.subjectFOREIGN INVESTMENTS
dc.subjectFUND MANAGEMENT
dc.subjectFUND MANAGER
dc.subjectGENDER
dc.subjectGLOBAL BUSINESS
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBAL TRADE
dc.subjectGLOBALIZATION
dc.subjectGOVERNMENT CAPACITIES
dc.subjectGROSS DEBT
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROUP LENDING
dc.subjectGUARANTEE AGENCY
dc.subjectHUMAN DEVELOPMENT
dc.subjectINCOME
dc.subjectINCOME GROUP
dc.subjectINFRASTRUCTURE FINANCING
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectINSTRUMENT
dc.subjectINSURANCE
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL COOPERATION
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINTERNATIONAL FINANCE
dc.subjectINTERNATIONAL FINANCIAL INSTITUTION
dc.subjectINTERNATIONAL FINANCIAL INSTITUTIONS
dc.subjectINVESTING
dc.subjectINVESTMENT BANK
dc.subjectINVESTMENT DECISION
dc.subjectINVESTMENT DECISIONS
dc.subjectINVESTMENT LOANS
dc.subjectINVESTMENT OPPORTUNITIES
dc.subjectINVESTMENT OPPORTUNITY
dc.subjectINVESTMENT PROJECTS
dc.subjectINVESTMENT RISKS
dc.subjectINVESTMENT VOLUMES
dc.subjectISLAMIC DEVELOPMENT BANK
dc.subjectISSUANCE
dc.subjectLABOR MARKET
dc.subjectLABOR MARKETS
dc.subjectLEGAL OBLIGATIONS
dc.subjectLEGAL RIGHT
dc.subjectLIABILITY
dc.subjectLIQUIDITY
dc.subjectLOAN
dc.subjectLOCAL CURRENCY
dc.subjectLONG-TERM CAPITAL
dc.subjectLONG-TERM INVESTOR
dc.subjectLOW-INCOME COUNTRIES
dc.subjectLOW-INCOME COUNTRY
dc.subjectMACROECONOMIC CONDITIONS
dc.subjectMACROECONOMIC STABILITY
dc.subjectMARKET CONFIDENCE
dc.subjectMARKET DEVELOPMENTS
dc.subjectMATURITIES
dc.subjectMATURITY
dc.subjectMDB
dc.subjectMFI
dc.subjectMICROFINANCE
dc.subjectMICROFINANCE INSTITUTION
dc.subjectMIDDLE-INCOME COUNTRIES
dc.subjectMIDDLE-INCOME COUNTRY
dc.subjectMONETARY FUND
dc.subjectMULTILATERAL DEVELOPMENT
dc.subjectMULTILATERAL DEVELOPMENT BANKS
dc.subjectNEGATIVE SHOCKS
dc.subjectNEW BUSINESS
dc.subjectNONPERFORMING LOAN
dc.subjectNONPERFORMING LOANS
dc.subjectOUTREACH
dc.subjectPENSION
dc.subjectPOLITICAL ECONOMY
dc.subjectPOLITICAL RISK
dc.subjectPORTFOLIO
dc.subjectPORTFOLIO MANAGEMENT
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE CAPITAL FLOWS
dc.subjectPRIVATE EQUITY
dc.subjectPRIVATE FINANCIAL INSTITUTION
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE INVESTMENTS
dc.subjectPRIVATE SECTOR DEVELOPMENT
dc.subjectPRODUCTIVITY
dc.subjectPROFITABILITY
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC INVESTMENT
dc.subjectREAL SECTOR
dc.subjectRECAPITALIZATION
dc.subjectREGIONAL BANKS
dc.subjectREORGANIZATION
dc.subjectRESOURCE ALLOCATION
dc.subjectRISK AVERSION
dc.subjectRISK PERCEPTIONS
dc.subjectRISK PREMIUMS
dc.subjectSAFETY NET
dc.subjectSETTLEMENT
dc.subjectSHARE OF EQUITY
dc.subjectSHORT-TERM FINANCING
dc.subjectSHORT-TERM LIQUIDITY
dc.subjectSHORT-TERM TRADE FINANCE
dc.subjectSMALL ENTERPRISES
dc.subjectSOCIAL DEVELOPMENT
dc.subjectSOCIAL SAFETY NETS
dc.subjectSOCIAL SECURITY
dc.subjectSUBSIDIARIES
dc.subjectSUBSIDIARY
dc.subjectSUPPLEMENTAL FINANCING
dc.subjectSUPPLY CHAIN
dc.subjectSUSTAINABLE GROWTH
dc.subjectSWAPS
dc.subjectTRANSPORT
dc.subjectTRUST FUND
dc.subjectTRUST FUNDS
dc.subjectUNEMPLOYMENT
dc.subjectUNION
dc.subjectVULNERABLE GROUPS
dc.titleThe World Bank Group's Response to the Global Economic Crisis : Phase 1en
dspace.entity.typePublication
okr.crossref.titleThe World Bank Group's Response to the Global Economic Crisis
okr.date.disclosure2011-04-08
okr.date.doiregistration2025-04-14T12:33:22.653630Z
okr.doctypePublications & Research::Publication
okr.doctypePublications & Research::Publication
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333038_20110408013319
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid659581468313810979
okr.identifier.doi10.1596/978-0-8213-8665-1
okr.identifier.externaldocumentum000333038_20110408013319
okr.identifier.internaldocumentum14026298
okr.identifier.report58112
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2011/04/08/000333038_20110408013319/Rendered/PDF/581120PUB0REPL10Box353788B01PUBLIC1.pdfen
okr.topicFinance and Financial Sector Development::Banks & Banking Reform
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPrivate Sector Development::Emerging Markets
okr.topicMacroeconomics and Economic Growth::Economic Theory & Research
okr.topicFinance and Financial Sector Development::Access to Finance
okr.unitCorporate & Global Eval (IEGCC)
okr.volume1 of 1
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