Evaluation

State Your Business! : An Evaluation of World Bank Group Support to the Reform of State-Owned Enterprises, FY08-18

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collection.link.25
https://openknowledge.worldbank.org/handle/10986/2132
collection.name.25
IEG Independent Evaluations & Annual Reviews
dc.contributor.author
Independent Evaluation Group
dc.date.accessioned
2020-12-17T15:56:49Z
dc.date.available
2020-12-17T15:56:49Z
dc.date.issued
2020-12-03
dc.date.lastModified
2021-04-23T14:02:12Z
dc.description.abstract
State Owned Enterprises (SOEs) play a major role in many developing and emerging economies, where governments use them to achieve economic, social, and political objectives. SOEs deliver and extend access to services, fill gaps in markets, develop key sectors or regions, and provide employment. However, SOEs’ mixed institutional mandates and their political importance often pose performance, financial and governance challenges. This is IEG’s first systematic assessment of the Bank Group’s support for the reform of SOEs, looking at what works and the factors of success. It parallels Bank Group efforts to provide more integrated support to SOE reform in client countries and to empower staff with new tools. The evaluation focused on five major types of SOE reforms in the financial and energy sectors: (i) Corporate governance improvements; (ii) Business and operational reforms; (iii) Measures to strengthen competition and regulation in SOE markets; (iv) Privatization and other ownership reforms (including PPPs); (v) Macro, fiscal, and public financial management (PFM) reforms. The evaluation includes findings about the impact of competition on SEO performance; corruption control and its effect on SEO reform; the success of World Bank Group sequential and complementarity interventions; and about other factors that aid success such us client commitment, collaboration, strong design features, solid results frameworks and monitoring, and early risk identification. Based on the findings and lessons of experience drawn from this evaluation, IEG offers Management two recommendations to enhance the Bank Group’s support to SOE reform: (i) The World Bank Group should apply a selectivity framework for SOE reform support that considers country governance conditions, control of corruption, and sector and enterprise-level competition; and (ii) The World Bank Group should apply the MFD and its embedded Cascade approach for SOE reform.
en
dc.identifier
http://documents.worldbank.org/curated/en/107061607037925280/State-Your-Business-An-Evaluation-of-World-Bank-Group-Support-to-the-Reform-of-State-Owned-Enterprises-FY08-18
dc.identifier.uri
http://hdl.handle.net/10986/34945
dc.language
English
dc.publisher
World Bank, Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
STATE-OWNED ENTERPRISES
dc.subject
PUBLIC SECTOR REFORM
dc.subject
WORLD BANK GROUP STRATEGY
dc.subject
DEVELOPMENT EFFECTIVENESS
dc.subject
WORLD BANK GROUP PROGRAM
dc.subject
WORLD BANK GROUP PORTFOLIO
dc.subject
COMPETITION POLICY
dc.subject
CORRUPTION
dc.subject
PRIVATIZATION
dc.title
State Your Business!
en
dc.title.subtitle
An Evaluation of World Bank Group Support to the Reform of State-Owned Enterprises, FY08-18
en
dc.type
Evaluation
en
okr.date.disclosure
2020-12-03
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: IEG Evaluation
okr.docurl
http://documents.worldbank.org/curated/en/107061607037925280/State-Your-Business-An-Evaluation-of-World-Bank-Group-Support-to-the-Reform-of-State-Owned-Enterprises-FY08-18
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b08808ad96_2_0
okr.identifier.internaldocumentum
32634886
okr.identifier.report
154621
okr.imported
true
en
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/107061607037925280/pdf/State-Your-Business-An-Evaluation-of-World-Bank-Group-Support-to-the-Reform-of-State-Owned-Enterprises-FY08-18.pdf
en
okr.topic
Public Sector Development :: State Owned Enterprise Reform
okr.topic
Public Sector Development :: Public Sector Corruption/Anticorruption Measures
okr.topic
Governance :: International Governmental Organizations
okr.topic
Private Sector Development :: Competition Policy
okr.topic
Private Sector Development :: Corporate Governance and Corruption
okr.topic
Private Sector Development :: Enterprise Development & Reform
okr.topic
Macroeconomics and Economic Growth :: Development Economics & Aid Effectiveness
okr.unit
Independent Evaluation Group

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