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...

Full description

Bibliographic Details
Main Author: Independent Evaluation Group
Format: Publication
Language:English
Published: Washington, DC: World Bank 2012
Subjects:
CAS
TAX
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
id okr-10986-2301
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic 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
spellingShingle 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
Independent Evaluation Group
Assessing IFC's Poverty Focus and Results
description 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.
format Publications & Research :: Publication
author Independent Evaluation Group
author_facet Independent Evaluation Group
author_sort Independent Evaluation Group
title Assessing IFC's Poverty Focus and Results
title_short Assessing IFC's Poverty Focus and Results
title_full Assessing IFC's Poverty Focus and Results
title_fullStr Assessing IFC's Poverty Focus and Results
title_full_unstemmed Assessing IFC's Poverty Focus and Results
title_sort assessing ifc's poverty focus and results
publisher Washington, DC: World Bank
publishDate 2012
url 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
_version_ 1764385217003388928
spelling okr-10986-23012021-04-23T14:02:01Z Assessing IFC's Poverty Focus and Results Independent Evaluation Group 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 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. 2012-03-19T09:03:38Z 2012-03-19T09:03:38Z 2011 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 978-1-60244-178-1 http://hdl.handle.net/10986/2301 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Publications & Research :: Publication Publications & Research :: Publication