Results and Performance of the World Bank Group 2021
IEG’s Results and Performance of the World Bank Group 2021 report, also known as RAP 2021, assesses the World Bank Group’s performance by analyzing the achievement of project and program objectives through validated ratings. The World Bank’s outcom...
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| Format: | Evaluation |
| Language: | English |
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World Bank, Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/undefined/484011640267362931/Results-and-Performance-of-the-World-Bank-Group-2021 http://hdl.handle.net/10986/36788 |
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okr-10986-367882022-01-05T05:10:45Z Results and Performance of the World Bank Group 2021 Independent Evaluation Group WORLD BANK GROUP EFFECTIVENESS INTERNATIONAL FINANCE CORPORATION RESULTS INVESTMENT RATING ADVISORY SERVICES MULTILATERAL INVESTMENT GUARANTEE AGENCY RESULTS PERFORMANCE IEG’s Results and Performance of the World Bank Group 2021 report, also known as RAP 2021, assesses the World Bank Group’s performance by analyzing the achievement of project and program objectives through validated ratings. The World Bank’s outcome ratings steadily improved from FY10 onward and increased by an impressive 9 percentage points in FY20. The largest annual increase over the past five years. IFC’s development outcome ratings increased for the first time in 10 years in all the industry groups and MIGA’s continued to increase, as has been the case over the past decade. The RAP 2021 carries out an in-depth analysis of recent trends, for both the World Bank and the International Finance Corporation, to identify possible drivers behind the increase in project outcome ratings. The report also presents a novel analysis to measure the extent to which the World Bank either repeats project designs or introduces novelty to successor projects. This allowed IEG to detect when teams took informed risk and introduced new elements in projects and assess the effect of this behavior on outcome ratings. The report also analyzes the World Bank’s selection of indicators and use of targets to understand how measurement practices affect ratings and performance. Results point to the need to complement project ratings data with associated evidence of outcomes achieved in client countries, which supports the centrality of the outcome orientation agenda. 2022-01-04T16:30:10Z 2022-01-04T16:30:10Z 2021-12-23 Evaluation http://documents.worldbank.org/curated/undefined/484011640267362931/Results-and-Performance-of-the-World-Bank-Group-2021 http://hdl.handle.net/10986/36788 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: IEG Evaluation |
| repository_type |
Digital Repository |
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Foreign Institution |
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Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
WORLD BANK GROUP EFFECTIVENESS INTERNATIONAL FINANCE CORPORATION RESULTS INVESTMENT RATING ADVISORY SERVICES MULTILATERAL INVESTMENT GUARANTEE AGENCY RESULTS PERFORMANCE |
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WORLD BANK GROUP EFFECTIVENESS INTERNATIONAL FINANCE CORPORATION RESULTS INVESTMENT RATING ADVISORY SERVICES MULTILATERAL INVESTMENT GUARANTEE AGENCY RESULTS PERFORMANCE Independent Evaluation Group Results and Performance of the World Bank Group 2021 |
| description |
IEG’s Results and Performance of the
World Bank Group 2021 report, also known as RAP 2021,
assesses the World Bank Group’s performance by analyzing the
achievement of project and program objectives through
validated ratings. The World Bank’s outcome ratings steadily
improved from FY10 onward and increased by an impressive 9
percentage points in FY20. The largest annual increase over
the past five years. IFC’s development outcome ratings
increased for the first time in 10 years in all the industry
groups and MIGA’s continued to increase, as has been the
case over the past decade. The RAP 2021 carries out an
in-depth analysis of recent trends, for both the World Bank
and the International Finance Corporation, to identify
possible drivers behind the increase in project outcome
ratings. The report also presents a novel analysis to
measure the extent to which the World Bank either repeats
project designs or introduces novelty to successor projects.
This allowed IEG to detect when teams took informed risk and
introduced new elements in projects and assess the effect of
this behavior on outcome ratings. The report also analyzes
the World Bank’s selection of indicators and use of targets
to understand how measurement practices affect ratings and
performance. Results point to the need to complement project
ratings data with associated evidence of outcomes achieved
in client countries, which supports the centrality of the
outcome orientation agenda. |
| format |
Evaluation |
| author |
Independent Evaluation Group |
| author_facet |
Independent Evaluation Group |
| author_sort |
Independent Evaluation Group |
| title |
Results and Performance of the World Bank Group 2021 |
| title_short |
Results and Performance of the World Bank Group 2021 |
| title_full |
Results and Performance of the World Bank Group 2021 |
| title_fullStr |
Results and Performance of the World Bank Group 2021 |
| title_full_unstemmed |
Results and Performance of the World Bank Group 2021 |
| title_sort |
results and performance of the world bank group 2021 |
| publisher |
World Bank, Washington, DC |
| publishDate |
2022 |
| url |
http://documents.worldbank.org/curated/undefined/484011640267362931/Results-and-Performance-of-the-World-Bank-Group-2021 http://hdl.handle.net/10986/36788 |
| _version_ |
1764485895546732544 |