IDA’s Crisis Response Window

Independent Evaluation Group

No 31568 in World Bank Publications - Books from The World Bank Group

Abstract: From the 15th replenishment of the International Development Association (IDA15)through IDA18, the Crisis Response Window (CRW) evolved from a focus on economicshocks to include two other types of crises—natural disasters and public healthemergencies. The CRW was set up as a pilot under IDA15 to address repercussionsrelated to the global financial crisis on IDA countries. When established as a permanent part of IDA, it was amended to address the impact of natural disasters in addition to economic shocks. CRW coverage was expanded to include public health emergencies when the Ebola crisis erupted in 2014. This IEG synthesis paper takes stock of experience with IDA’s CRW, making use of IEG evaluative evidence. The paper synthesizes findings from existing evaluations and information on CRW performance during its pilot stage under IDA15 and subsequent IDA cycles, to inform stakeholders and promote learning. The audience for this paper is primarily internal, including management, Executive Directors (including the Committee on Development Effectiveness), and IDA deputies.

Keywords: Environment-Natural Disasters Finance and Financial Sector Development-Concessional Finance and Global Partnerships Finance and Financial Sector Development-Financial Crisis Management & Restructuring Health; Nutrition and Population-Health Economics & Finance Health; Nutrition and Population-Public Health Promotion Macroeconomics and Economic Growth-Economic Conditions and Volatility Governance-International Governmental Organizations (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbpubs:31568

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