Independent Evaluation Group2013-04-102013-04-102013-03-20https://hdl.handle.net/10986/13121Management welcomes the Independent Evaluation Group (IEG) report results and performance 2012 of the World Bank group (RAP) and its overall positive assessment of the World Bank group development effectiveness. Management appreciates that the report provides a balanced picture of the World Bank group activities and recognizes that all three institutions have taken important steps to strengthen results, monitoring, and reporting. The report is especially useful to management to prioritize the challenges in the context of the ongoing efforts to strengthen focus on results. Management is concerned that the share of investment lending projects rated moderately satisfactory or better appears to be declining, after a long period of improvements observed since the mid-1990s.This reports includes five chapters: (i) the global development context ;(ii) world bank group operations: findings from evaluation work; (iii) enhancing the bank group's effectiveness;(iv) strengthening institutional results orientation;(v) conclusion: areas for attentionen-USCC BY 3.0 IGOACCESS TO FINANCEACCESSIBILITYACCOUNTABILITYACTIONSADEQUATE RESPONSEADVISORY SERVICEADVISORY SERVICESAGRICULTURAL ACTIVITIESAGRICULTURAL SECTORASSET MANAGEMENTBALANCE SHEETBANK MANAGEMENTBANKING SECTORBANKING SERVICESBANKSBORROWERBORROWINGBUSINESS ACTIVITIESBUSINESS ADVISORYBUSINESS STARTUPSBUSINESS SUCCESSCAPITAL FLOWSCAPITAL GOODSCAPITAL REQUIREMENTCASCCCLEARING SYSTEMSCLIMATE CHANGECONDITIONALITYCOUNTRY ASSISTANCE STRATEGIESCREDIT RATINGDEBTDEBT SERVICEDECENTRALIZATIONDEMONSTRATION EFFECTSDEREGULATIONDEVELOPED COUNTRIESDEVELOPING FINANCIAL MARKETSDEVELOPMENT FINANCEDEVELOPMENT FINANCE INSTITUTIONSDEVELOPMENT OBJECTIVESDONOR SUBSIDIESECONOMIC CRISISECONOMIC GROWTHECONOMIC OPPORTUNITIESECONOMIC POLICYECONOMIC SUSTAINABILITYECONOMICSECONOMIES OF SCALEELECTRICITY GENERATIONEMISSIONSEMPLOYMENTENVIRONMENTALENVIRONMENTAL DEGRADATIONENVIRONMENTAL IMPACTSENVIRONMENTAL MANAGEMENTENVIRONMENTAL PERFORMANCEENVIRONMENTSEQUITY CAPITALEQUITY INVESTMENTEQUITY INVESTORSEVALUATION CRITERIAEVALUATION RESULTSEXPENDITUREFARMERSFINANCESFINANCIAL CAPACITYFINANCIAL COVENANTSFINANCIAL INSTITUTIONFINANCIAL INSTITUTIONSFINANCIAL INTERMEDIARIESFINANCIAL LIBERALIZATIONFINANCIAL MANAGEMENTFINANCIAL MARKETSFINANCIAL POLICIESFINANCIAL REFORMFINANCIAL SECTOR ASSESSMENTFINANCING NEEDSFISCAL CONDITIONSFLEXIBILITYFOREIGN DIRECT INVESTMENTFOREIGN INVESTMENTFOREIGN INVESTMENTSFORESTRYGENDERGENDER DEVELOPMENTGROSS PROFITGUARANTEE AGENCYHOMEOWNERHOUSINGICRIMPROVEMENTSINCOMEINCOME INEQUALITYINEQUALITYINFORMATION TECHNOLOGYINFRASTRUCTURE PROJECTSINNOVATIONINSTITUTIONAL DEVELOPMENTINSURANCEINTERNATIONAL BANKINTERNATIONAL FINANCEINTERVENTIONLEARNINGLENDERLENDERSLENDING PORTFOLIOLEVEL PLAYING FIELDLOANLOCAL GOVERNMENTM&E SYSTEMSMARKET DEVELOPMENTNATURAL RESOURCESNONLENDING SERVICESNUTRITIONOPERATIONSOUTCOME INDICATORSPENETRATION RATESPILOTINGPOLITICAL ECONOMYPOLLUTIONPOVERTY REDUCTIONPRIVATE ENTERPRISEPRIVATE INVESTMENTPRIVATE INVESTMENTSPRIVATIZATIONPROCESS INDICATORSPRODUCERSPRODUCTIVITYPROFITABILITYPROGRAM EVALUATIONPROGRAM IMPLEMENTATIONPROGRAMSPROJECT COMPLETIONPROJECT EVALUATIONPROJECT IMPLEMENTATIONPROJECT MONITORINGPROJECT OBJECTIVESPUBLIC EXPENDITURESPUBLIC FINANCEPUBLIC-PRIVATE PARTNERSHIPPUBLIC-PRIVATE PARTNERSHIPSQUALITY ASSESSMENTRATES OF RETURNRATING SYSTEMSRISK TAKINGRURAL DEVELOPMENTSAMPLE SIZESECTOR WORKSECURITIESSOCIAL DEVELOPMENTSOCIAL SERVICESSTAKEHOLDERSSUBLOANSSUBSIDIARIESSUCCESS MEASURESSUPERVISIONSUPPLY CHAINSUSTAINABLE DEVELOPMENTTAXATIONTECHNICAL ASSISTANCETECHNICAL QUALITYTRANSACTION COSTSTRANSPORTUNIONURBAN DEVELOPMENTURBANIZATIONVENTURE CAPITALVILLAGEWASTE MANAGEMENTWATER SUPPLYWORKING CAPITALWorld Bank10.1596/13121