Improving the World Bank's Development Effectiveness: What Does Evaluation Show?

World Bank Operations Evaluation Department

No 7225 in World Bank Publications - Books from The World Bank Group

Abstract: The pace of change in the overall performance of the developing world has not altered markedly over the past 20 years. The number of people living in extreme poverty declined from 1.5 billion in 1980 (40 percent of population), to 1.2 billion in 1990 (28 percent of population), to 1.1 billion in 2001 (21 percent of population). Growth per capita has followed much the same profile. In the 1980s, only about two-thirds of developing countries showed positive per capita income growth, and this percentage remains unchanged. Life expectancy and literacy indicators show overall improvements, but some regions show worrisome trends. There has been slow and steady progress in overall development outcomes during the period, but the speed and scale of change remain static. These averages, of course, mask huge differences across regions, with very worrisome increases in poverty and continued low growth in Sub-Saharan Africa. The Bank has transformed itself significantly in the past 10 years, and should be ready for further adjustments to current climate of rapid change. Greater selectivity, more flexibility, and improved efficiency within its chosen areas of intervention are needed going forward if a global institution such as the Bank is to remain useful and relevant and show concrete results in a fast-changing world.

Keywords: Country; Strategy; and; Performance; Banks; and; Banking; Reform; Poverty; Reduction-Rural; Poverty; Reduction; Finance; and; Financial; Sector; Development-Access; to; Finance; Poverty; Monitoring; and; Analysis (search for similar items in EconPapers)
Date: 2005
ISBN: 978-0-8213-6461-1
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