‛Creating Markets’ to Leverage the Private Sector for Sustainable Development and Growth : An Evaluation of the World Bank Group’s Experience Through 16 Case Studies

The international development community acknowledges that the SDGs will not be achieved without greater participation from the private sector. Estimates for investment needs in developing countries alone range from $3.3 trillion to $4.5 trillion pe...

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Main Author: Independent Evaluation Group
Format: Report
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/899271556314372090/Creating-Markets-to-Leverage-the-Private-Sector-for-Sustainable-Development-and-Growth-An-Evaluation-of-the-World-Bank-Group-s-Experience-Through-16-Case-Studies
http://hdl.handle.net/10986/32078
id okr-10986-32078
recordtype oai_dc
spelling okr-10986-320782021-09-16T20:08:53Z ‛Creating Markets’ to Leverage the Private Sector for Sustainable Development and Growth : An Evaluation of the World Bank Group’s Experience Through 16 Case Studies Independent Evaluation Group DEVELOPMENT EFFECTIVENESS WORLD BANK GROUP STRATEGY MARKET CREATION POVERTY SKILLS DEVELOPMENT ENABLING ENVIRONMENT The international development community acknowledges that the SDGs will not be achieved without greater participation from the private sector. Estimates for investment needs in developing countries alone range from $3.3 trillion to $4.5 trillion per year. Up to 70 percent of the investment gap could come from the private sector, according to international estimates. Engaging the private sector as a financier, operator, service provider, or innovator in the pursuit of the SDGs requires efficiently functioning and competitive markets and effective governments. Such markets only emerge when there is a sufficiently conducive enabling environment that not only addresses market failures through policy reform but also improving underperforming markets through demonstration effects, enhancing competition, innovation, integration and enhancing skills through investments and advisory services. This evaluation was designed to shed light on several key aspects of the IFC’s creating markets agenda and experience on the ground. Those key aspects include the following: (i) Identification of market creating opportunities; (ii) Channels through which IFC contributes to market creation; (iii) Results from IFC’s market creating interventions; and (iv) Success factors driving the Bank Group’s market creation results. 2019-07-12T18:40:39Z 2019-07-12T18:40:39Z 2019-04-26 Report http://documents.worldbank.org/curated/en/899271556314372090/Creating-Markets-to-Leverage-the-Private-Sector-for-Sustainable-Development-and-Growth-An-Evaluation-of-the-World-Bank-Group-s-Experience-Through-16-Case-Studies http://hdl.handle.net/10986/32078 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic DEVELOPMENT EFFECTIVENESS
WORLD BANK GROUP STRATEGY
MARKET CREATION
POVERTY
SKILLS DEVELOPMENT
ENABLING ENVIRONMENT
spellingShingle DEVELOPMENT EFFECTIVENESS
WORLD BANK GROUP STRATEGY
MARKET CREATION
POVERTY
SKILLS DEVELOPMENT
ENABLING ENVIRONMENT
Independent Evaluation Group
‛Creating Markets’ to Leverage the Private Sector for Sustainable Development and Growth : An Evaluation of the World Bank Group’s Experience Through 16 Case Studies
description The international development community acknowledges that the SDGs will not be achieved without greater participation from the private sector. Estimates for investment needs in developing countries alone range from $3.3 trillion to $4.5 trillion per year. Up to 70 percent of the investment gap could come from the private sector, according to international estimates. Engaging the private sector as a financier, operator, service provider, or innovator in the pursuit of the SDGs requires efficiently functioning and competitive markets and effective governments. Such markets only emerge when there is a sufficiently conducive enabling environment that not only addresses market failures through policy reform but also improving underperforming markets through demonstration effects, enhancing competition, innovation, integration and enhancing skills through investments and advisory services. This evaluation was designed to shed light on several key aspects of the IFC’s creating markets agenda and experience on the ground. Those key aspects include the following: (i) Identification of market creating opportunities; (ii) Channels through which IFC contributes to market creation; (iii) Results from IFC’s market creating interventions; and (iv) Success factors driving the Bank Group’s market creation results.
format Report
author Independent Evaluation Group
author_facet Independent Evaluation Group
author_sort Independent Evaluation Group
title ‛Creating Markets’ to Leverage the Private Sector for Sustainable Development and Growth : An Evaluation of the World Bank Group’s Experience Through 16 Case Studies
title_short ‛Creating Markets’ to Leverage the Private Sector for Sustainable Development and Growth : An Evaluation of the World Bank Group’s Experience Through 16 Case Studies
title_full ‛Creating Markets’ to Leverage the Private Sector for Sustainable Development and Growth : An Evaluation of the World Bank Group’s Experience Through 16 Case Studies
title_fullStr ‛Creating Markets’ to Leverage the Private Sector for Sustainable Development and Growth : An Evaluation of the World Bank Group’s Experience Through 16 Case Studies
title_full_unstemmed ‛Creating Markets’ to Leverage the Private Sector for Sustainable Development and Growth : An Evaluation of the World Bank Group’s Experience Through 16 Case Studies
title_sort ‛creating markets’ to leverage the private sector for sustainable development and growth : an evaluation of the world bank group’s experience through 16 case studies
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/899271556314372090/Creating-Markets-to-Leverage-the-Private-Sector-for-Sustainable-Development-and-Growth-An-Evaluation-of-the-World-Bank-Group-s-Experience-Through-16-Case-Studies
http://hdl.handle.net/10986/32078
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