Publication:
Results and Performance of the World Bank Group 2023

dc.contributor.authorWorld Bank
dc.date.accessioned2024-01-16T14:09:51Z
dc.date.available2024-01-16T14:09:51Z
dc.date.issued2023-12-31
dc.description.abstractIEG’s Results and Performance of the World Bank Group 2023 report, also known as the RAP 2023, examines the evolution of project-level results and performance of the World Bank Group, including the World Bank, comprising the International Bank for Reconstruction and Development, the International Development Association (IDA), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA). The report also analyzes the project development outcomes that underlie project performance ratings, and the validity of the monitoring and evaluation (M&E) frameworks tasked with measuring them. This is the first RAP with a substantial number of projects that were implemented during the COVID-19 pandemic. World Bank, IFC, and MIGA projects faced many obstacles during implementation, especially disruptions associated with the COVID-19 pandemic. The report examines the factors that shaped the implementation and performance of these projects, particularly in the context of the pandemic. In terms of methodology, the report incorporates novel data and evaluation methods, including supervised machine learning, and conducts similar analyses across the different Bank Group Institutions while taking into account each institution’s different evaluation and rating methods. The RAP updated project performance rating trends - covering World Bank lending projects, IFC investment and advisory projects, and MIGA guarantee projects - from fiscal year (FY)12 to FY 22. It used in-depth analyses to examine the evolution of development outcomes, how they relate to project performance ratings, and what factors influenced the implementation and performance of Bank Group projects within the context of the pandemic. The report offers future directions of travel for the three institutions across the World Bank Group.en
dc.identifierhttp://documents.worldbank.org/curated/en/099136312072339611/SECBOS0861ee600680b9610315dde2e90b0
dc.identifier.doi10.1596/IEG184584
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40886
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectRAP 2023
dc.subjectIMPLEMENTATION
dc.subjectPERFORMANCE
dc.subjectCOVID-19
dc.titleResults and Performance of the World Bank Group 2023en
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleResults and Performance of the World Bank Group 2023
okr.date.disclosure2023-12-31
okr.date.lastmodified2023-12-13T00:00:00Zen
okr.doctypeIEG Evaluation
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099136312072339611/SECBOS0861ee600680b9610315dde2e90b0
okr.guid099136312072339611
okr.identifier.docmidSECBOS-861ee607-227f-4a68-b961-315dde2e90b0
okr.identifier.doi10.1596/IEG184584
okr.identifier.doihttp://dx.doi.org/10.1596/IEG184584
okr.identifier.externaldocumentum34210214
okr.identifier.internaldocumentum34210214
okr.identifier.report184584
okr.import.id2855
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099136312072339611/pdf/SECBOS0861ee600680b9610315dde2e90b0.pdfen
okr.region.geographicalWorld
okr.topicPrivate Sector Development::Project Management
okr.unitIEG Human Dev & Corporate Prog (IEGHC)
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