Publication:
Results and Performance of the World Bank Group 2024 (Concept Note)

Loading...
Thumbnail Image
Files in English
English PDF (943.75 KB)
189 downloads
English Text (146.41 KB)
14 downloads
Date
2024-10-28
ISSN
Published
2024-10-28
Author(s)
Editor(s)
Abstract
The Results and Performance of the World Bank Group (RAP) report is the annual review of the Bank Group’s operational and country effectiveness that draws on evidence from the Independent Evaluation Group (IEG). RAP 2024 will be the 14th in the annual series that began in 2010. As in previous RAPs, the report will aggregate and interpret evidence mainly based on IEG’s validations of World Bank, International Finance Corporation (IFC), and Multilateral Investment Guarantee Agency (MIGA) self-evaluations. The objective of RAP 2024 is to describe trends in the Bank Group’s performance ratings. To meet this objective, like a Corporate Scorecard report, RAP 2024 will present trends, describe changes in trends, and provide a deeper analysis of specific issues based on the IEG validations of Bank Group self-evaluations. Building on previous RAPs, the report will continue to analyze trends in Bank Group operations and country program ratings, outcome types, and factors linked to Bank Group performance of COVID-19–exposed operations. For the IFC investment projects, an analysis will be undertaken to understand the association among development outcome, additionality, and work quality ratings. For country programs, the report will analyze rating trends and conduct an in-depth review of Bank Group performance at the country level.
Link to Data Set
Citation
World Bank. 2024. Results and Performance of the World Bank Group 2024 (Concept Note). © World Bank. http://hdl.handle.net/10986/42313 License: CC BY-NC 3.0 IGO.
Associated URLs
Associated content
Report Series
Other publications in this report series
Journal
Journal Volume
Journal Issue

Related items

Showing items related by metadata.

  • Publication
    Results and Performance of the World Bank Group 2012 : Volume III. Management Action Record
    (Washington, DC: World Bank, 2013-03-20) Independent Evaluation Group
    Management welcomes the Independent Evaluation Group (IEG) report results and performance 2012 of the World Bank group (RAP) and its overall positive assessment of the World Bank group development effectiveness. Management appreciates that the report provides a balanced picture of the World Bank group activities and recognizes that all three institutions have taken important steps to strengthen results, monitoring, and reporting. The report is especially useful to management to prioritize the challenges in the context of the ongoing efforts to strengthen focus on results. Management is concerned that the share of investment lending projects rated moderately satisfactory or better appears to be declining, after a long period of improvements observed since the mid-1990s.This reports includes five chapters: (i) the global development context ;(ii) world bank group operations: findings from evaluation work; (iii) enhancing the bank group's effectiveness;(iv) strengthening institutional results orientation;(v) conclusion: areas for attention
  • Publication
    World Bank Group Support to Ghana, Fiscal Years 2013–23 (Approach Paper)
    (Washington, DC: World Bank, 2024-10-28) World Bank
    This Country Program Evaluation (CPE) will assess the performance of World Bank Group support to Ghana in achieving its development objectives between fiscal years (FY)13 and FY23. The evaluation period spans two Bank Group–supported country strategies—the FY13–16 Country Partnership Strategy (CPS), which was extended by two years to FY18, and the current FY22–26 Country Partnership Framework (CPF). The CPE will assess the relevance, coherence, and efficacy of the Bank Group support to help Ghana tackle its main development challenges, including by examining how the Bank Group adapted its engagement in response to changing conditions, priorities, and lessons from experience. In addition to assessing the evolution of the overarching strategy of support and its implementation and impact, the evaluation will assess the Bank Group’s contribution to supporting Ghana in terms of three important thematic challenges faced over the evaluation period.
  • Publication
    Results and Performance of the World Bank Group 2024
    (Washington, DC: World Bank, 2025-03-13) World Bank
    The 2024 Results and Performance of the World Bank Group report – also known as the RAP– is the fourteenth annual report in the series. The RAP series aggregates and interprets evidence on World Bank Group performance, mainly using IEG’s validations of World Bank, International Finance Corporation (IFC), and Multilateral Investment Guarantee Agency (MIGA) self-evaluations of projects and country programs. The 2024 RAP maintains symmetry across institutions by analyzing common or similar factors linked to performance, while acknowledging their differences. Hence, the RAP includes separate chapters for World Bank, IFC, MIGA, and country programs which allows more in-depth discussion of performance trends and relevant topics for each institution. The 2024 RAP covers projects implemented during the COVID-19 and subsequent food and energy crises, and also projects implemented at a time where the Bank has been prioritizing International Development Association (IDA ) countries and fragility and conflict situations. As a result, the portfolio has been increasingly exposed to risky contexts and periodic shocks, which in turn has impacted project performance and outcome ratings. This RAP identifies four levers that are significantly associated with stronger performance and better development outcomes – particularly in the face of riskier environments: enhancing the design of operations and country programs, adopting effective risk management, addressing client institutional and capacity challenges, and improving results monitoring.
  • Publication
    Guidance Manual for Independent Evaluation Group Validators
    (Washington, DC: World Bank, 2024-10-31) World Bank
    The Implementation Completion and Results Report (ICR) is one of the World Bank’s main instruments for self-evaluation. This manual provides comprehensive guidance and practice examples to evaluators for the preparation of the Implementation Completion and Results Reports Reviews (ICRRs) for investment project financing operations (IPFs). It ensures that these reviews align with the Bank Policy on “Implementation Completion and Results Reports
  • Publication
    World Bank Corporate Scorecard April 2013 : Integrated Results and Performance Framework
    (Washington, DC, 2013-04) World Bank
    The corporate scorecard provides information on the Bank's overall performance and the results achieved by its clients, against the backdrop of progress on global development objectives. The corporate scorecard facilitates strategic dialogue between management and the Board on progress made and areas that need attention. The corporate scorecard uses an integrated results and performance framework, which is organized in a four-tier structure that groups indicators along the results chain. Tier one indicators show the long-term development outcomes that countries are achieving, and provide the context and direction for the Bank's work. These high-level outcomes cannot be attributed directly to the Bank, because countries and their development partners all contribute to these achievements over the long term through a combination of multi-sector interventions, actions, and policy decisions. These indicators are also affected by external factors such as global crises. Tier two highlights development results that countries have achieved with Bank support. Tier three indicators provide information on the effectiveness of the Bank s operations and services. Tier four focuses on organizational effectiveness and modernization, and assesses how well the Bank is functioning and adapting to better support countries in achieving results.

Users also downloaded

Showing related downloaded files

  • Publication
    World Bank Annual Report 2024
    (Washington, DC: World Bank, 2024-10-25) World Bank
    This annual report, which covers the period from July 1, 2023, to June 30, 2024, has been prepared by the Executive Directors of both the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA)—collectively known as the World Bank—in accordance with the respective bylaws of the two institutions. Ajay Banga, President of the World Bank Group and Chairman of the Board of Executive Directors, has submitted this report, together with the accompanying administrative budgets and audited financial statements, to the Board of Governors.
  • Publication
    Global Economic Prospects, January 2025
    (Washington, DC: World Bank, 2025-01-16) World Bank
    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
    World Development Report 2024
    (Washington, DC: World Bank, 2024-08-01) World Bank
    Middle-income countries are in a race against time. Many of them have done well since the 1990s to escape low-income levels and eradicate extreme poverty, leading to the perception that the last three decades have been great for development. But the ambition of the more than 100 economies with incomes per capita between US$1,100 and US$14,000 is to reach high-income status within the next generation. When assessed against this goal, their record is discouraging. Since the 1970s, income per capita in the median middle-income country has stagnated at less than a tenth of the US level. With aging populations, growing protectionism, and escalating pressures to speed up the energy transition, today’s middle-income economies face ever more daunting odds. To become advanced economies despite the growing headwinds, they will have to make miracles. Drawing on the development experience and advances in economic analysis since the 1950s, World Development Report 2024 identifies pathways for developing economies to avoid the “middle-income trap.” It points to the need for not one but two transitions for those at the middle-income level: the first from investment to infusion and the second from infusion to innovation. Governments in lower-middle-income countries must drop the habit of repeating the same investment-driven strategies and work instead to infuse modern technologies and successful business processes from around the world into their economies. This requires reshaping large swaths of those economies into globally competitive suppliers of goods and services. Upper-middle-income countries that have mastered infusion can accelerate the shift to innovation—not just borrowing ideas from the global frontiers of technology but also beginning to push the frontiers outward. This requires restructuring enterprise, work, and energy use once again, with an even greater emphasis on economic freedom, social mobility, and political contestability. Neither transition is automatic. The handful of economies that made speedy transitions from middle- to high-income status have encouraged enterprise by disciplining powerful incumbents, developed talent by rewarding merit, and capitalized on crises to alter policies and institutions that no longer suit the purposes they were once designed to serve. Today’s middle-income countries will have to do the same.
  • Publication
    Business Ready 2024
    (Washington, DC: World Bank, 2024-10-03) World Bank
    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.
  • Publication
    The Impact of Climate Change on Education and What to Do about It
    (Washington, DC: World Bank, 2024-05-02) Venegas Marin, Sergio; Schwarz, Lara; Sabarwal, Shwetlena
    Education can be the key to ending poverty in a livable planet, but governments must act now to protect it. Climate change is increasing the frequency and intensity of extreme weather events such as cyclones, floods, droughts, heatwaves and wildfires. These extreme weather events are in turn disrupting schooling; precipitating learning losses, dropouts, and long-term impacts. Even if the most drastic climate mitigation strategies were implemented, extreme weather events will continue to have detrimental impacts on education outcomes.