Publication:
Annual Review of Development Effectiveness 2008 : Shared Global Challenges

dc.contributor.authorWorld Bank
dc.date.accessioned2012-08-13T12:13:58Z
dc.date.available2012-08-13T12:13:58Z
dc.date.issued2008-09
dc.description.abstractReducing poverty in any individual country is increasingly intertwined with making progress on shared global challenges fostering global public goods (GPGs) such as climate protection and communicable disease control. This year's Annual Review of Development Effectiveness (ARDE) tracks Bank performance in part one and examines the Bank's work in fostering GPGs in part two. Development outcomes from Bank lending have improved over the medium term. But in FY07 over-optimism in the Bank's ongoing assessment of project performance rose sharply, while the share of projects rated moderately satisfactory or better dropped to 76 percent from 83 percent a year earlier. Vigilance is needed to identify problem projects in real-time and ensure that the FY07 drop in performance does not foreshadow a persistent decline. Practical steps can be taken to better use monitoring and evaluation (M&E) in projects and programs, including proper baseline information and clearer links between outputs and outcomes. The Bank's country-based model has worked relatively well in fostering global public goods when national and global interests dovetail and grants support country investments. But the greatest challenges, such as climate change, arise where local, national and global benefits actual or perceived diverge significantly. Here the country model comes under considerable strain. To more effectively bridge the gap between global needs and country concerns, the Bank should consider: creating dedicated budgets and better incentives for country teams to work on GPGs; better deploying its global knowledge networks; and more powerfully using its standing to give greater voice to developing countries in the governance of global programs.en
dc.identifierhttp://documents.worldbank.org/curated/en/2008/09/11621592/annual-review-development-effectiveness-2008-shared-global-challenges
dc.identifier.doi10.1596/10589
dc.identifier.urihttps://hdl.handle.net/10986/10589
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesIEG Fast Track Brief
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectBANK LENDING
dc.subjectBANK MANAGEMENT
dc.subjectCAPACITY BUILDING
dc.subjectCOLLECTIVE
dc.subjectCOLLECTIVE ACTION
dc.subjectCOUNTRY ASSISTANCE STRATEGIES
dc.subjectDEVELOPMENT ASSISTANCE
dc.subjectEXPENDITURE
dc.subjectFACILITY FUNDING
dc.subjectFINANCIAL INSTRUMENT
dc.subjectGOVERNANCE ARRANGEMENTS
dc.subjectINCOME
dc.subjectINTERVENTION
dc.subjectLEARNING
dc.subjectLIMITED
dc.subjectM&AMP
dc.subjectE SYSTEMS
dc.subjectMANAGERS
dc.subjectPERFORMANCE INDICATORS
dc.subjectPOVERTY REDUCTION
dc.subjectPROGRAMS
dc.subjectREGIONAL STRATEGIES
dc.subjectRESOURCE ALLOCATION
dc.subjectSTAKEHOLDERS
dc.subjectTRADE AGREEMENT
dc.subjectTRUST FUNDS
dc.subjectURBAN DEVELOPMENT
dc.titleAnnual Review of Development Effectiveness 2008 : Shared Global Challengesen
dspace.entity.typePublication
okr.date.doiregistration2025-04-29T10:32:46.024607Z
okr.doctypePublications & Research::Brief
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2008/09/11621592/annual-review-development-effectiveness-2008-shared-global-challenges
okr.globalpracticePoverty
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid958271468154154976
okr.identifier.externaldocumentum000334955_20100108042312
okr.identifier.internaldocumentum11621592
okr.identifier.report52607
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/01/08/000334955_20100108042312/Rendered/PDF/526070BRI0IEG0101Official0Use0Only1.pdfen
okr.topicLaw and Development::Corporate Law
okr.topicBanks and Banking Reform
okr.topicFinance and Financial Sector Development::Access to Finance
okr.topicPublic Sector Corruption and Anticorruption Measures
okr.topicPoverty Monitoring and Analysis
okr.topicPoverty Reduction
okr.topicPublic Sector Development
okr.unitCountry Eval & Regional Rel (IEGCR)
okr.volume1 of 1
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