Success in Difficult Environments : A Portfolio Analysis of Fragile and Conflict-Affected States
The World Bank Group has identified support to fragile and conflict-affected states as a strategic priority. This paper provides a systematic portfolio review of the International Development Association-funded projects in fragile and conflict-affe...
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World Bank Group, Washington, DC
2014
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Online Access: | http://documents.worldbank.org/curated/en/2014/11/20366317/success-difficult-environments-portfolio-analysis-fragile-conflict-affected-states http://hdl.handle.net/10986/20618 |
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okr-10986-206182021-04-23T14:03:59Z Success in Difficult Environments : A Portfolio Analysis of Fragile and Conflict-Affected States Ralston, Laura BORROWING COMPLEX PROJECTS COUNTRY PORTFOLIO DEVELOPMENT OBJECTIVES ECONOMIC GROWTH FINANCIAL MANAGEMENT IMPROVEMENTS INCOME INTERMEDIATE INDICATORS OPERATIONS PORTFOLIO ANALYSIS PORTFOLIOS POVERTY REDUCTION PREPARATION COSTS PROJECT IMPLEMENTATION PROJECT MANAGEMENT PROJECT PERFORMANCE REGRESSION ANALYSIS SATISFACTORY RATINGS SUPERVISION SUPERVISION COSTS SUSTAINABLE DEVELOPMENT TRANSPORT URBAN DEVELOPMENT The World Bank Group has identified support to fragile and conflict-affected states as a strategic priority. This paper provides a systematic portfolio review of the International Development Association-funded projects in fragile and conflict-affected states during 2001 to 2013 and a detailed empirical analysis of the correlations between project and country-level characteristics with project outcome ratings. The portfolio review identifies a decline in the proportional amount of resources directed to fragile and conflict-affected states and a decline in the number of internationally recruited staff based in these countries. The empirical analysis finds no statistical difference in whether projects obtain at least a moderately satisfactory outcome rating between countries that are fragile and conflict-affected states and those that are not. Examination of the distribution of project outcome ratings indicates that projects in fragile and conflict-affected states obtain slightly lower ratings conditional on being unsatisfactory or satisfactory. Detailed cross-section regression analysis finds that indicators of project complexity, such as supervision costs, staff time, preparation time, and financing, are correlated with lower outcome ratings. Project leader characteristics are correlated with project outcome ratings, but to a lesser degree in fragile and conflict-affected states, potentially indicating that it is more difficult for project leaders to influence project outcomes in these environments. Last, a new approach to control for unobservable project characteristics, such as inherent complexity or ambition, shows preliminary evidence that changes in the project leader and increases in the supervision budget are correlated with improvements in project performance. 2014-12-03T16:28:41Z 2014-12-03T16:28:41Z 2014-11 http://documents.worldbank.org/curated/en/2014/11/20366317/success-difficult-environments-portfolio-analysis-fragile-conflict-affected-states http://hdl.handle.net/10986/20618 English en_US Policy Research Working Paper;No. 7098 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Group, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research |
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Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English en_US |
topic |
BORROWING COMPLEX PROJECTS COUNTRY PORTFOLIO DEVELOPMENT OBJECTIVES ECONOMIC GROWTH FINANCIAL MANAGEMENT IMPROVEMENTS INCOME INTERMEDIATE INDICATORS OPERATIONS PORTFOLIO ANALYSIS PORTFOLIOS POVERTY REDUCTION PREPARATION COSTS PROJECT IMPLEMENTATION PROJECT MANAGEMENT PROJECT PERFORMANCE REGRESSION ANALYSIS SATISFACTORY RATINGS SUPERVISION SUPERVISION COSTS SUSTAINABLE DEVELOPMENT TRANSPORT URBAN DEVELOPMENT |
spellingShingle |
BORROWING COMPLEX PROJECTS COUNTRY PORTFOLIO DEVELOPMENT OBJECTIVES ECONOMIC GROWTH FINANCIAL MANAGEMENT IMPROVEMENTS INCOME INTERMEDIATE INDICATORS OPERATIONS PORTFOLIO ANALYSIS PORTFOLIOS POVERTY REDUCTION PREPARATION COSTS PROJECT IMPLEMENTATION PROJECT MANAGEMENT PROJECT PERFORMANCE REGRESSION ANALYSIS SATISFACTORY RATINGS SUPERVISION SUPERVISION COSTS SUSTAINABLE DEVELOPMENT TRANSPORT URBAN DEVELOPMENT Ralston, Laura Success in Difficult Environments : A Portfolio Analysis of Fragile and Conflict-Affected States |
relation |
Policy Research Working Paper;No. 7098 |
description |
The World Bank Group has identified
support to fragile and conflict-affected states as a
strategic priority. This paper provides a systematic
portfolio review of the International Development
Association-funded projects in fragile and conflict-affected
states during 2001 to 2013 and a detailed empirical analysis
of the correlations between project and country-level
characteristics with project outcome ratings. The portfolio
review identifies a decline in the proportional amount of
resources directed to fragile and conflict-affected states
and a decline in the number of internationally recruited
staff based in these countries. The empirical analysis finds
no statistical difference in whether projects obtain at
least a moderately satisfactory outcome rating between
countries that are fragile and conflict-affected states and
those that are not. Examination of the distribution of
project outcome ratings indicates that projects in fragile
and conflict-affected states obtain slightly lower ratings
conditional on being unsatisfactory or satisfactory.
Detailed cross-section regression analysis finds that
indicators of project complexity, such as supervision costs,
staff time, preparation time, and financing, are correlated
with lower outcome ratings. Project leader characteristics
are correlated with project outcome ratings, but to a lesser
degree in fragile and conflict-affected states, potentially
indicating that it is more difficult for project leaders to
influence project outcomes in these environments. Last, a new
approach to control for unobservable project
characteristics, such as inherent complexity or ambition,
shows preliminary evidence that changes in the project
leader and increases in the supervision budget are
correlated with improvements in project performance. |
format |
Publications & Research :: Policy Research Working Paper |
author |
Ralston, Laura |
author_facet |
Ralston, Laura |
author_sort |
Ralston, Laura |
title |
Success in Difficult Environments : A Portfolio Analysis of Fragile and Conflict-Affected States |
title_short |
Success in Difficult Environments : A Portfolio Analysis of Fragile and Conflict-Affected States |
title_full |
Success in Difficult Environments : A Portfolio Analysis of Fragile and Conflict-Affected States |
title_fullStr |
Success in Difficult Environments : A Portfolio Analysis of Fragile and Conflict-Affected States |
title_full_unstemmed |
Success in Difficult Environments : A Portfolio Analysis of Fragile and Conflict-Affected States |
title_sort |
success in difficult environments : a portfolio analysis of fragile and conflict-affected states |
publisher |
World Bank Group, Washington, DC |
publishDate |
2014 |
url |
http://documents.worldbank.org/curated/en/2014/11/20366317/success-difficult-environments-portfolio-analysis-fragile-conflict-affected-states http://hdl.handle.net/10986/20618 |
_version_ |
1764446848211222528 |