Focused Assessment of the International Development Association’s Private Sector Window: An Update to the 2021 Early-Stage Assessment by the Independent Evaluation Group (Approach Paper)

doi:10.1596/IEG184010

Publication:
Focused Assessment of the International Development Association’s Private Sector Window: An Update to the 2021 Early-Stage Assessment by the Independent Evaluation Group (Approach Paper)

dc.contributor.author	Independent Evaluation Group
dc.date.accessioned	2023-07-27T14:14:29Z
dc.date.available	2023-07-27T14:14:29Z
dc.date.issued	2023-07-27
dc.description.abstract	Attracting private capital and developing the private sector in low-income countries are challenging. The challenges involved in mobilizing private capital and developing the private sector in many IDA countries, especially those that are fragile and conflict-affected situations (FCS), are substantial (World Bank 2016). In many of these countries, the domestic private sector is small, informal, and constrained by a weak macroeconomic and regulatory environment, infrastructure bottlenecks, and a limited skilled labor force. High country risks and capital flight concerns make domestic and international investors reluctant to engage, particularly in FCS, which also experience security risks. As a result, IDA countries’ ability to attract private investment and grow the local private sector remains limited. The assessment will update a previous IEG evaluation of the Private Sector Window (PSW) and complement a concurrent paper by the International Development Association (IDA), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA). This focused assessment (the PSW evaluation update) responds to a request by the Committee on Development Effectiveness and World Bank Group management for IEG to prepare an update to The World Bank Group’s Experience with the IDA Private Sector Window: An Early-Stage Assessment (World Bank 2021), which was completed by IEG in July 2021 and covered the PSW implementation experience under the 18th Replenishment of IDA (IDA18) for fiscal years 2018–20. The PSW evaluation update will add IDA19 and early IDA20 PSW projects. Concurrently, IDA, IFC, and MIGA are jointly preparing a paper on the PSW as an input to the IDA20 Mid-Term Review, focused on implementation progress and early results of the PSW (the IDA PSW paper). The IEG and IDA-IFC-MIGA teams working on the two assessments have agreed to conduct complementary analyses to inform the Mid-Term Review.	en
dc.identifier	http://documents.worldbank.org/curated/en/099015107122314655/SECBOS018089150bc0b3fe0b6c12a53f05e
dc.identifier.doi	10.1596/IEG184010
dc.identifier.uri	https://openknowledge.worldbank.org/handle/10986/40092
dc.language	English
dc.language.iso	en_US
dc.publisher	Washington, DC: World Bank
dc.relation.ispartofseries	Independent Evaluation Group (IEG) Approach Paper
dc.rights	CC BY-NC 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	https://creativecommons.org/licenses/by-nc/3.0/igo
dc.subject	PRIVATE SECTOR WINDOW
dc.subject	PSW
dc.subject	INTERNATIONAL DEVELOPMENT ASSOCIATION
dc.subject	IDA
dc.title	Focused Assessment of the International Development Association’s Private Sector Window	en
dc.title.subtitle	An Update to the 2021 Early-Stage Assessment by the Independent Evaluation Group (Approach Paper)	en
dc.type	Working Paper
dspace.entity.type	Publication
okr.crossref.title	Focused Assessment of the International Development Association’s Private Sector Window: An Update to the 2021 Early-Stage Assessment by the Independent Evaluation Group (Approach Paper)
okr.date.disclosure	2023-07-27
okr.date.lastmodified	2023-07-12T00:00:00Z	en
okr.doctype	IEG Evaluation
okr.doctype	Publications & Research
okr.docurl	http://documents.worldbank.org/curated/en/099015107122314655/SECBOS018089150bc0b3fe0b6c12a53f05e
okr.guid	099015107122314655
okr.identifier.docmid	SECBOS-18089151-8c2f-4cbc-b3fe-b6c12a53f05e
okr.identifier.doi	10.1596/IEG184010
okr.identifier.doi	http://dx.doi.org/10.1596/IEG184010
okr.identifier.externaldocumentum	34116969
okr.identifier.internaldocumentum	34116969
okr.identifier.report	184010
okr.import.id	1275
okr.imported	true	en
okr.language.supported	en
okr.pdfurl	http://documents.worldbank.org/curated/en/099015107122314655/pdf/SECBOS018089150bc0b3fe0b6c12a53f05e.pdf	en
okr.region.administrative	Other
okr.region.geographical	World
okr.topic	Private Sector Development::Private Sector Economics
okr.unit	IEG
okr.unit	Fin
okr.unit	PS
okr.unit	Infra & SD Eval Un (IEGFS)