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Results and Performance of the World Bank Group 2013 (Paperback)

Results and Performance of the World Bank Group 2013 (Paperback) - image 1 of 1

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Developing countries have clearly made impressive gains on growth and poverty reduction since the start of the new millennium. They have weathered major crises in food, fuel, and financial markets as well as natural disasters and conflicts. But the way ahead remains fraught—and filled with risks and uncertainties—both for them and for their development partners. Importantly, although there has been much progress, there is still a long way to go, especially for the people in the world’s bottom billion. In confronting this changing environment, the World Bank Group has adopted an ambitious new strategy geared to eliminating absolute poverty within a generation and to boost shared prosperity, including by giving special attention to the countries in the most fragile situations. The new strategy emphasizes the need for adaptive behavior in response to “fast-moving challenges and opportunities,” and places a premium on the management of risk and volatility. To this end, the Bank Group plans to invest in knowledge and technical skills, and to focus on multisectoral approaches with opportunities for the Bank, International Finance Corporation, and the Multilateral Investment Guarantee Agency to collaborate in pursuit of shared strategic goals. Going forward, the rollout of the associated change process will provide opportunities to systematically feed learning back into practice and, in turn, to improve Bank Group development effectiveness. In implementing the new strategy, the Bank Group will need to draw on the lessons learned from all sources—including evaluation—making the current report both timely and opportune. To be most helpful in meeting the challenges ahead, this report on Results and Performance for 2013 focuses on activities where Bank Group performance might be improved as an input into the pursuit of the new strategy. Most of these activities are neither new nor exciting. But they are the core underpinnings of Bank Group products and services and in turn of development effectiveness. Successful implementation of the new strategy will require that they be strengthened in order to restore the Bank Group’s performance to its historic levels of excellence and preeminence.
Number of Pages: 175.0
Genre: Business + Money Management
Series Title: Independent Evaluation Group Studies
Format: Paperback
Publisher: World Bank
Language: English
Street Date: December 15, 2016
TCIN: 51534841
UPC: 9781464806360
Item Number (DPCI): 248-22-9138

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