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spelling okr-10986-282942021-05-25T10:54:44Z World Bank Group Engagement in Upper-Middle-Income Countries : Evidence from IEG Evaluations Independent Evaluation Group MIC UMIC INCLUSIVE SUSTAINABLE ECONOMIC GROWTH FISCAL AND FINANCIAL SECTOR RESILIENCE PUBLIC FINANCIAL MANAGEMENT CIVIL SERVICE REFORM ANTICORRUPTION INDUSTRIAL COMPETITIVENESS INNOVATION AND INVESTMENT CLIMATE REFORMS PUBLIC-PRIVATE PARTNERSHIPS IN INFRASTRUCTURE SOCIAL SAFETY NET EDUCATION AND HEALTH PANDEMIC RESPONSE EMPLOYMENT CREATION PROGRAMS ACCESS TO URBAN SERVICES GENDER RESILIENCE TO GLOBAL SHOCKS AND THREATS ENVIRONMENTAL SUSTAINABILITY NATURAL DISASTER RISK REDUCTION CLIMATE CHANGE MITIGATION AND ADAPTATION FRAGILITY CONFLICT VIOLENCE AND FORCED DISPLACEMENT BUILDING CAPACITY FOR SECOND-GENERATION REFORMS RAS SOUTH-SOUTH KNOWLEDGE EXCHANGE Middle-income countries (MICs)—the largest group of World Bank Group clients—are critical drivers of the world economy, but they remain vulnerable to global shocks. Addressing the development challenges facing MICs can generate positive externalities and transferable knowledge to lower income countries. According to the 2017 World Bank Group document, “Forward Look: A Vision for the World Bank Group in 2030—Progress and Challenges,” to meet its twin goals of eradicating extreme poverty and ensuring shared prosperity in a sustainable manner, the World Bank Group must sustain and evolve its engagement with MICs. This synthesis review focuses on the World Bank Group’s engagement with upper-middle-income countries (UMICs) and concludes that the Bank Group’s support to them remains highly relevant from two perspectives: helping these countries address their specific developmental challenges, and potentially having a valuable demonstration effect for other lower-income groups of World Bank Group clients. The more successful programs the World Bank Group supported were generally long duration and went well beyond the scope of a single investment loan or development policy loan. The World Bank Group’s willingness to sustain its engagement and build close relationships at the technical level contributed to successful outcomes. Despite this high relevance, important challenges remain in fully addressing some of the structural issues that underlie UMIC’s vulnerability to various shocks and in making progress that is more significant and sustained in several important development areas. The general perception is that World Bank Group financing is diminishing in UMICs, but the World Bank continues its important dialogue and engagement with UMICs despite this perception, covering a wide range of issues from fostering countercyclical policies, to building resilience, to financing large infrastructure projects, to catalyzing private sector participation. IEG evaluations consistently emphasized the high relevance of the World Bank’s analytic work in supporting reforms in UMICs and the high value that country stakeholders in UMICs assigned to its analytical work and technical assistance. Going forward, there is scope for further work on analyzing World Bank Group performance across various groups and subgroups of clients, including within narrower technical areas. 2017-09-11T20:13:44Z 2017-09-11T20:13:44Z 2017-06-29 Report http://documents.worldbank.org/curated/en/185461503496811121/World-Bank-Group-engagement-in-upper-middle-income-countries-evidence-from-IEG-evaluations http://hdl.handle.net/10986/28294 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic MIC
UMIC
INCLUSIVE
SUSTAINABLE
ECONOMIC GROWTH
FISCAL AND FINANCIAL SECTOR RESILIENCE
PUBLIC FINANCIAL MANAGEMENT
CIVIL SERVICE REFORM
ANTICORRUPTION
INDUSTRIAL COMPETITIVENESS
INNOVATION
AND INVESTMENT CLIMATE REFORMS
PUBLIC-PRIVATE PARTNERSHIPS IN INFRASTRUCTURE
SOCIAL SAFETY NET
EDUCATION AND HEALTH
PANDEMIC RESPONSE
EMPLOYMENT CREATION PROGRAMS
ACCESS TO URBAN SERVICES
GENDER
RESILIENCE TO GLOBAL SHOCKS AND THREATS
ENVIRONMENTAL SUSTAINABILITY
NATURAL DISASTER RISK REDUCTION
CLIMATE CHANGE MITIGATION AND ADAPTATION
FRAGILITY
CONFLICT
VIOLENCE
AND FORCED DISPLACEMENT
BUILDING CAPACITY FOR SECOND-GENERATION REFORMS
RAS
SOUTH-SOUTH KNOWLEDGE EXCHANGE
spellingShingle MIC
UMIC
INCLUSIVE
SUSTAINABLE
ECONOMIC GROWTH
FISCAL AND FINANCIAL SECTOR RESILIENCE
PUBLIC FINANCIAL MANAGEMENT
CIVIL SERVICE REFORM
ANTICORRUPTION
INDUSTRIAL COMPETITIVENESS
INNOVATION
AND INVESTMENT CLIMATE REFORMS
PUBLIC-PRIVATE PARTNERSHIPS IN INFRASTRUCTURE
SOCIAL SAFETY NET
EDUCATION AND HEALTH
PANDEMIC RESPONSE
EMPLOYMENT CREATION PROGRAMS
ACCESS TO URBAN SERVICES
GENDER
RESILIENCE TO GLOBAL SHOCKS AND THREATS
ENVIRONMENTAL SUSTAINABILITY
NATURAL DISASTER RISK REDUCTION
CLIMATE CHANGE MITIGATION AND ADAPTATION
FRAGILITY
CONFLICT
VIOLENCE
AND FORCED DISPLACEMENT
BUILDING CAPACITY FOR SECOND-GENERATION REFORMS
RAS
SOUTH-SOUTH KNOWLEDGE EXCHANGE
Independent Evaluation Group
World Bank Group Engagement in Upper-Middle-Income Countries : Evidence from IEG Evaluations
description Middle-income countries (MICs)—the largest group of World Bank Group clients—are critical drivers of the world economy, but they remain vulnerable to global shocks. Addressing the development challenges facing MICs can generate positive externalities and transferable knowledge to lower income countries. According to the 2017 World Bank Group document, “Forward Look: A Vision for the World Bank Group in 2030—Progress and Challenges,” to meet its twin goals of eradicating extreme poverty and ensuring shared prosperity in a sustainable manner, the World Bank Group must sustain and evolve its engagement with MICs. This synthesis review focuses on the World Bank Group’s engagement with upper-middle-income countries (UMICs) and concludes that the Bank Group’s support to them remains highly relevant from two perspectives: helping these countries address their specific developmental challenges, and potentially having a valuable demonstration effect for other lower-income groups of World Bank Group clients. The more successful programs the World Bank Group supported were generally long duration and went well beyond the scope of a single investment loan or development policy loan. The World Bank Group’s willingness to sustain its engagement and build close relationships at the technical level contributed to successful outcomes. Despite this high relevance, important challenges remain in fully addressing some of the structural issues that underlie UMIC’s vulnerability to various shocks and in making progress that is more significant and sustained in several important development areas. The general perception is that World Bank Group financing is diminishing in UMICs, but the World Bank continues its important dialogue and engagement with UMICs despite this perception, covering a wide range of issues from fostering countercyclical policies, to building resilience, to financing large infrastructure projects, to catalyzing private sector participation. IEG evaluations consistently emphasized the high relevance of the World Bank’s analytic work in supporting reforms in UMICs and the high value that country stakeholders in UMICs assigned to its analytical work and technical assistance. Going forward, there is scope for further work on analyzing World Bank Group performance across various groups and subgroups of clients, including within narrower technical areas.
format Report
author Independent Evaluation Group
author_facet Independent Evaluation Group
author_sort Independent Evaluation Group
title World Bank Group Engagement in Upper-Middle-Income Countries : Evidence from IEG Evaluations
title_short World Bank Group Engagement in Upper-Middle-Income Countries : Evidence from IEG Evaluations
title_full World Bank Group Engagement in Upper-Middle-Income Countries : Evidence from IEG Evaluations
title_fullStr World Bank Group Engagement in Upper-Middle-Income Countries : Evidence from IEG Evaluations
title_full_unstemmed World Bank Group Engagement in Upper-Middle-Income Countries : Evidence from IEG Evaluations
title_sort world bank group engagement in upper-middle-income countries : evidence from ieg evaluations
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/185461503496811121/World-Bank-Group-engagement-in-upper-middle-income-countries-evidence-from-IEG-evaluations
http://hdl.handle.net/10986/28294
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