Delivery Challenges and Development Effectiveness : Assessing the Determinants of World Bank Project Success
Can an implementation-driven analysis of project success be used as a more granular instrument for assessing the effectiveness of World Bank project By focusing on how projects perform, this paper attempts to capture variation hitherto unexplored i...
Main Authors: | , , |
---|---|
Format: | Working Paper |
Language: | English English |
Published: |
World Bank, Washington, DC
2022
|
Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/099753208182227535/IDU0e0f1ff810d1ea048c709dff01d73c3c21432 http://hdl.handle.net/10986/37902 |
Summary: | Can an implementation-driven analysis
of project success be used as a more granular instrument for
assessing the effectiveness of World Bank project By
focusing on how projects perform, this paper attempts to
capture variation hitherto unexplored in the aid
effectiveness literature. This offers greater precision for
diagnosing implementation challenges throughout the project
cycle, producing a cross-cutting instrument that reaches
across country-, time-, and sector- based approaches. Using
data from the Global Delivery Initiative's “Delivery
Challenges in Operations for Development Effectiveness”
database and indicators from more than 5,000 lending
projects (1995 – 2015), the paper examines project
performance and the achievement of development objectives
across 42 specific delivery challenges. Bayesian model
averaging is used for a holistic assessment of the relative
impacts of each challenge alongside a battery of structural
and contextual covariates. The findings show that issues of
project design, ineffective monitoring, and weak
organizational capacity have systematically hindered the
World Bank's performance and achievement of the
indicators. Conversely, while financial instability and
weaknesses in stakeholder engagement can hinder success,
their identification and treatment ultimately improves
project performance. |
---|