The World Bank Group's Response to the Global Economic Crisis : Phase 2

Publication:
The World Bank Group's Response to the Global Economic Crisis : Phase 2

dc.contributor.author	Independent Evaluation Group
dc.date.accessioned	2015-01-22T23:13:01Z
dc.date.available	2015-01-22T23:13:01Z
dc.date.issued	2012
dc.description.abstract	This second report of a two-phase evaluation of the World Bank Groupapos;s unprecedented response to the 2008-09 global economic crisis addresses questions raised by the findings of the first phase evaluation regarding the Bankapos;s crisis lending in the financial, fiscal, and social protection areas, and the adequacy of its lending instruments. Regarding International finance corporation (IFC), this second phase evaluation finds that the corporation did not achieve an increased volume of investments as a reflection of a strategic choice to protect its portfolio as well as an overestimation of the prospective deterioration in portfolio quality. This evaluation assesses the World Bank Groupapos;s response to the global economic crisis. This is the second phase of a two-phase Independent Evaluation Group (IEG) evaluation of the World Bank Group response to the unprecedented global economic crisis of 2008-09. This second phase report evaluates relevance and efficiency of new crisis lending through financial, fiscal management, and social protection operations in response to questions rose in the first phase evaluation.	en
dc.identifier	http://documents.worldbank.org/curated/en/2012/01/15889920/second-phase-world-bank-groups-response-global-economic-crisis
dc.identifier.doi	10.1596/978-1-60244-210-8
dc.identifier.isbn	978-1-60244-210-8
dc.identifier.uri	https://hdl.handle.net/10986/21340
dc.language	English
dc.language.iso	en_US
dc.publisher	Washington, DC: World Bank Group
dc.rights	CC BY 3.0 IGO
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo/
dc.subject	International financial institutions
dc.subject	Crisis response
dc.subject	Financial capacity
dc.subject	Lending vehicles
dc.subject	Allocation
dc.subject	Lending instruments
dc.subject	Development policy operations
dc.subject	Lines of credit
dc.subject	IFC
dc.subject	IBRD
dc.subject	MIGA
dc.subject	Guarantee portfolio
dc.subject	Fiscal management
dc.subject	Social protection
dc.subject	Crisis preparedness
dc.title	The World Bank Group's Response to the Global Economic Crisis : Phase 2	en
dspace.entity.type	Publication
okr.date.disclosure	2012-03-03
okr.date.doiregistration	2025-04-14T12:27:37.875727Z
okr.doctype	Publications & Research::Publication
okr.docurl	http://documents.worldbank.org/curated/en/2012/01/15889920/second-phase-world-bank-groups-response-global-economic-crisis
okr.globalpractice	Finance and Markets
okr.globalpractice	Governance
okr.globalpractice	Macroeconomics and Fiscal Management
okr.guid	866121468335975469
okr.identifier.externaldocumentum	000356161_20120305010422
okr.identifier.internaldocumentum	15889920
okr.identifier.report	67283
okr.language.supported	en
okr.pdfurl	http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/03/05/000356161_20120305010422/Rendered/PDF/672830WP0Box3600crisis20full0report.pdf	en
okr.topic	Finance and Financial Sector Development
okr.topic	Finance and Financial Sector Development::Access to Finance
okr.topic	Finance and Financial Sector Development::Capital Markets and Capital Flows
okr.topic	Finance and Financial Sector Development::Financial Crisis Management & Restructuring
okr.topic	Finance and Financial Sector Development::Insurance & Risk Mitigation
okr.topic	Finance and Financial Sector Development::International Financial Markets
okr.topic	Governance::International Governmental Organizations
okr.topic	Macroeconomics and Economic Growth::Business Cycles and Stabilization Policies
okr.topic	Macroeconomics and Economic Growth::Economic Adjustment and Lending
okr.topic	Macroeconomics and Economic Growth::Economic Stabilization
okr.topic	Macroeconomics and Economic Growth::Fiscal & Monetary Policy
okr.unit	IEG