The World Bank’s Role in and Use of the Low-Income Country Debt Sustainability Framework : Approach Paper

Interest is high on the World Bank’s role in and use of the Low-Income Country Debt Sustainability Framework (LIC-DSF) in light of the sharp rise in debt stress among low-income countries and a changing global risk landscape in the years leading up...

Full description

Bibliographic Details
Main Author: Independent Evaluation Group
Format: Working Paper
Language:English
en_US
Published: Washington, DC : World Bank 2022
Subjects:
Online Access:http://documents.worldbank.org/curated/en/099416406072238389/IDU01e801f980cfb804b700b5650e94b2e5102d9
http://hdl.handle.net/10986/37672
id okr-10986-37672
recordtype oai_dc
spelling okr-10986-376722022-08-01T17:48:17Z The World Bank’s Role in and Use of the Low-Income Country Debt Sustainability Framework : Approach Paper Independent Evaluation Group DEBT SUSTAINABILITY COVID-19 LOW-INCOME COUNTRIES FRAMEWORK EVALUATION DESIGN QUALITY ASSURANCE SYSTEM Interest is high on the World Bank’s role in and use of the Low-Income Country Debt Sustainability Framework (LIC-DSF) in light of the sharp rise in debt stress among low-income countries and a changing global risk landscape in the years leading up to and resulting from the coronavirus pandemic (COVID-19). Since 2015, the number of IDA-eligible countries at high risk of or in debt distress has more than doubled. As the key instrument to assess the debt sustainability of IDA eligible countries, the LIC-DSF is intended to guide the World Bank’s advice and support to these countries. This evaluation seeks to assess how the World Bank contributes to the LIC-DSF, how it uses LIC-DSF output in various corporate and country-level decisions, and how it can better leverage the LIC-DSF to address debt vulnerabilities in LICs. In doing so, it will seek to identify opportunities for the World Bank to strengthen its role in the preparation and use of the LIC-DSF in a changing global context and to highlight potentially important questions that may need to be addressed in the upcoming joint review, including the extent to which the LIC-DSF meets IDA’s needs in serving its clients. Recommendations from this evaluation will focus on aspects of the LIC-DSF that are within the World Bank’s ability to change or influence. 2022-07-11T15:42:39Z 2022-07-11T15:42:39Z 2022-04-14 Working Paper http://documents.worldbank.org/curated/en/099416406072238389/IDU01e801f980cfb804b700b5650e94b2e5102d9 http://hdl.handle.net/10986/37672 English en_US Independent Evaluation Group (IEG) Approach Paper; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC : World Bank Publications & Research Project Documents :: IEG Approach Paper World
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 DEBT SUSTAINABILITY
COVID-19
LOW-INCOME COUNTRIES
FRAMEWORK
EVALUATION DESIGN
QUALITY ASSURANCE SYSTEM
spellingShingle DEBT SUSTAINABILITY
COVID-19
LOW-INCOME COUNTRIES
FRAMEWORK
EVALUATION DESIGN
QUALITY ASSURANCE SYSTEM
Independent Evaluation Group
The World Bank’s Role in and Use of the Low-Income Country Debt Sustainability Framework : Approach Paper
geographic_facet World
relation Independent Evaluation Group (IEG) Approach Paper;
description Interest is high on the World Bank’s role in and use of the Low-Income Country Debt Sustainability Framework (LIC-DSF) in light of the sharp rise in debt stress among low-income countries and a changing global risk landscape in the years leading up to and resulting from the coronavirus pandemic (COVID-19). Since 2015, the number of IDA-eligible countries at high risk of or in debt distress has more than doubled. As the key instrument to assess the debt sustainability of IDA eligible countries, the LIC-DSF is intended to guide the World Bank’s advice and support to these countries. This evaluation seeks to assess how the World Bank contributes to the LIC-DSF, how it uses LIC-DSF output in various corporate and country-level decisions, and how it can better leverage the LIC-DSF to address debt vulnerabilities in LICs. In doing so, it will seek to identify opportunities for the World Bank to strengthen its role in the preparation and use of the LIC-DSF in a changing global context and to highlight potentially important questions that may need to be addressed in the upcoming joint review, including the extent to which the LIC-DSF meets IDA’s needs in serving its clients. Recommendations from this evaluation will focus on aspects of the LIC-DSF that are within the World Bank’s ability to change or influence.
format Working Paper
author Independent Evaluation Group
author_facet Independent Evaluation Group
author_sort Independent Evaluation Group
title The World Bank’s Role in and Use of the Low-Income Country Debt Sustainability Framework : Approach Paper
title_short The World Bank’s Role in and Use of the Low-Income Country Debt Sustainability Framework : Approach Paper
title_full The World Bank’s Role in and Use of the Low-Income Country Debt Sustainability Framework : Approach Paper
title_fullStr The World Bank’s Role in and Use of the Low-Income Country Debt Sustainability Framework : Approach Paper
title_full_unstemmed The World Bank’s Role in and Use of the Low-Income Country Debt Sustainability Framework : Approach Paper
title_sort world bank’s role in and use of the low-income country debt sustainability framework : approach paper
publisher Washington, DC : World Bank
publishDate 2022
url http://documents.worldbank.org/curated/en/099416406072238389/IDU01e801f980cfb804b700b5650e94b2e5102d9
http://hdl.handle.net/10986/37672
_version_ 1764487638841032704