Assessing IFC's Poverty Focus and Results

Growth is good for the poor, but the impact of growth on poverty reduction depends on both the pace and the pattern of growth. A pattern of growth that enhances the ability of poor women and men to participate in, contribute to, and benefit from gr...

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Bibliographic Details
Main Author:	Independent Evaluation Group
Format:	Publication
Language:	English
Published:	Washington, DC: World Bank 2012
Subjects:	ABSOLUTE POVERTY ACCESS TO EMPLOYMENT ACCESS TO MARKETS ACCESS TO SERVICES ACCOUNTING AVERAGE INCOMES BENEFICIARIES BENEFICIARY BENEFICIARY GROUPS CAPACITY BUILDING CAPACITY BUILDING PROGRAM CAPITAL BASE CAS COLLATERAL COLLATERAL REGISTRIES COMPARATIVE ADVANTAGE CORRECTIVE ACTIONS COUNTRY ASSISTANCE STRATEGIES COUNTRY LEVEL CREDIT BUREAUS DEVELOPING COUNTRIES DEVELOPMENT BANK DEVELOPMENT ECONOMICS DEVELOPMENT GOALS DEVELOPMENT REPORT DEVELOPMENT STRATEGY DIMENSIONS OF POVERTY DISADVANTAGED GROUPS DISPUTE RESOLUTION DISTRIBUTIONAL EFFECTS DISTRIBUTIONAL PATTERN ECONOMIC ACTIVITIES ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC OPPORTUNITIES EMPIRICAL EVIDENCE EMPIRICAL LITERATURE EMPLOYMENT OPPORTUNITIES EVALUATION ACTIVITIES EXPENDITURES EXPORTERS FARM EMPLOYMENT FINANCIAL INFRASTRUCTURE FINANCIAL INTERMEDIARIES FINANCIAL MARKETS FINANCIAL SECTOR FINANCIAL SUPPORT FINANCIAL SUSTAINABILITY FOOD PRICES FOREIGN DIRECT INVESTMENT FOREIGN DIRECT INVESTMENTS FRONTIER REGIONS GEOGRAPHIC TARGETING GLOBAL BUSINESS GLOBAL PARTNERSHIP GLOBAL TRADE GROSS DOMESTIC PRODUCT GROWTH PATTERN GROWTH PROCESS GROWTH RATES HUMAN DEVELOPMENT INCIDENCE OF POVERTY INCOME INCOME DIFFERENTIAL INCOME GENERATION INCOME INEQUALITY INFRASTRUCTURE PROJECTS INTANGIBLE INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERVENTION INVESTMENT ACTIVITIES INVESTMENT CLIMATE INVESTMENT CLIMATES INVESTMENT OPPORTUNITIES INVESTMENT PORTFOLIO INVESTMENT PROJECTS INVESTMENT STRATEGIES LEARNING LIVELIHOOD LIVELIHOOD OPPORTUNITIES LIVELIHOODS LIVING STANDARDS MARKET ECONOMIES MARKET FAILURES MARKET MECHANISMS MEASURING POVERTY MICROFINANCE MICROFINANCE INSTITUTIONS NON-INCOME DIMENSIONS NONEXPERIMENTAL DESIGN NONGOVERNMENTAL ORGANIZATIONS PAYMENT SYSTEMS PER CAPITA INCOME POOR POOR COUNTRIES POOR FAMILIES POOR PEOPLE POOR WOMEN POVERTY CHARACTERISTICS POVERTY DATABASE POVERTY EFFECTS POVERTY FOCUS POVERTY IMPACT POVERTY IMPACTS POVERTY INDEX POVERTY MAPS POVERTY OUTCOMES POVERTY RATES POVERTY REDUCTION POVERTY REDUCTION OBJECTIVE POVERTY REDUCTION OBJECTIVES POVERTY REDUCTION OUTCOMES PRIVATE FINANCING PRIVATE INVESTMENT PRIVATE INVESTMENTS PRO-POOR PRO-POOR GROWTH PROGRAMS PROJECT BENEFICIARIES PROJECT OBJECTIVES PROMOTING GROWTH PUBLIC SECTOR QUALITATIVE ASSESSMENTS RATE OF RETURN RATES OF RETURN REDUCED POVERTY REDUCING POVERTY REDUCTION IN POVERTY REGIONAL AVERAGES REMOTE RURAL AREAS RESOURCE ALLOCATION RETURNS RISK MANAGEMENT RURAL RURAL AREAS RURAL HOUSEHOLDS RURAL INVESTMENT RURAL POOR SANITATION SECTOR ACTIVITIES SECURITIES SECURITIES MARKETS SERVICE DELIVERY SETTLEMENT SHARE OF INVESTMENT SHARE OF INVESTMENTS SPATIAL DISTRIBUTION STRUCTURAL ADJUSTMENT STRUCTURAL ADJUSTMENT POLICIES SUSTAINABLE DEVELOPMENT SUSTAINABLE GROWTH TARGETING TAX TRADE FINANCE TRANSITION COUNTRIES UNDERSTANDING OF POVERTY URBAN AREAS VULNERABLE GROUPS WIDESPREAD POVERTY
Online Access:	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20110513012029 http://hdl.handle.net/10986/2301

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Summary:	Growth is good for the poor, but the impact of growth on poverty reduction depends on both the pace and the pattern of growth. A pattern of growth that enhances the ability of poor women and men to participate in, contribute to, and benefit from growth should not come at the expense of a slower pace of growth. Including the poor in the growth process is also good for the pace of growth. This relationship underscores the critical importance of the pattern of growth for poverty reduction. The International Finance Corporation's (IFC) mission is to create opportunities for people to escape poverty and improve their lives. It pursues this mission by promoting growth through support for private sector development. Attention to the type of growth that the institution supports is therefore critical for the fulfillment of its mission. IFC's approach in this respect has evolved over the years: from support to private sector-led growth in general, to promoting environmentally and socially sustainable growth, to, more recently, beginning to pay explicit attention to inclusive growth. There have been different perspectives of how IFC's support for private sector development is helping to tackle poverty. Yet, there is not enough clarity about what poverty means within the IFC context and how its interventions reach and affect the poor.

Assessing IFC's Poverty Focus and Results

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