International Finance Corporation Country Diagnostics and Strategies under IFC 3.0 : An Early-Stage Assessment : Approach Paper

International Finance Corporation Country Diagnostics and Strategies under IFC 3.0 : An Early-Stage Assessment : Approach Paper

In December 2016, the International Finance Corporation (IFC) introduced its latest strategy, IFC 3.0, which aimed to enhance IFC’s development impact by creating “new and stronger markets for private sector solutions” (IFC 2019) and “mobilizing pr...

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Main Author: Independent Evaluation Group
Format: Working Paper
Language:English
en_US
Published: Washington, DC : World Bank 2022
Subjects:
PRIVATE SECTOR
LOCALLY-OWNED COMPANIES
DEVELOPING COUNTRIES
CAPITAL FLOWS
ANALYTICAL PRODUCTS
Online Access:http://documents.worldbank.org/curated/en/099407305132224493/IDU02c66ab880aeb9047c80a7590e8cc4ccaf1b6
http://hdl.handle.net/10986/37675
id okr-10986-37675
recordtype oai_dc
spelling okr-10986-376752022-07-12T05:10:46Z International Finance Corporation Country Diagnostics and Strategies under IFC 3.0 : An Early-Stage Assessment : Approach Paper Independent Evaluation Group PRIVATE SECTOR LOCALLY-OWNED COMPANIES DEVELOPING COUNTRIES CAPITAL FLOWS ANALYTICAL PRODUCTS In December 2016, the International Finance Corporation (IFC) introduced its latest strategy, IFC 3.0, which aimed to enhance IFC’s development impact by creating “new and stronger markets for private sector solutions” (IFC 2019) and “mobilizing private capital at significant scale” (IFC 2021) where it is needed the most. To achieve IFC 3.0’s aims of market creation and private capital mobilization at scale, IFC recognized it would need new tools and analytical capabilities to: (i) Develop a deeper understanding of the constraints limiting private sector solutions and opportunities in each country’s economy, including in key enabling and productive sectors; and (ii) Allow for a more strategic selection, sequencing, and implementation of its activities and stronger coordination across the World Bank Group. At the country level, IFC 3.0’s tools included a new diagnostic instrument, the Country Private Sector Diagnostic (CPSD), and a new strategy instrument, the IFC Country Strategy. The objective of the evaluation is to assess whether IFC Country Strategies and CPSDs have enhanced IFC’s ability to create markets and mobilize capital at scale and have informed Bank Group collaboration on private sector development. The evaluation will focus on IFC Country Strategies and CPSDs completed since their inception in fiscal year (FY)18. The evaluation will cover all 50 IFC Country Strategies and the 31 CPSDs completed between FY18 and December 31, 2021. 2022-07-11T19:10:17Z 2022-07-11T19:10:17Z 2022-04-27 Working Paper http://documents.worldbank.org/curated/en/099407305132224493/IDU02c66ab880aeb9047c80a7590e8cc4ccaf1b6 http://hdl.handle.net/10986/37675 English en_US Independent Evaluation Group (IEG) Approach Paper; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC : World Bank IEG Evaluation Publications & Research World
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic PRIVATE SECTOR
LOCALLY-OWNED COMPANIES
DEVELOPING COUNTRIES
CAPITAL FLOWS
ANALYTICAL PRODUCTS
spellingShingle PRIVATE SECTOR
LOCALLY-OWNED COMPANIES
DEVELOPING COUNTRIES
CAPITAL FLOWS
ANALYTICAL PRODUCTS
Independent Evaluation Group
International Finance Corporation Country Diagnostics and Strategies under IFC 3.0 : An Early-Stage Assessment : Approach Paper
geographic_facet World
relation Independent Evaluation Group (IEG) Approach Paper;
description In December 2016, the International Finance Corporation (IFC) introduced its latest strategy, IFC 3.0, which aimed to enhance IFC’s development impact by creating “new and stronger markets for private sector solutions” (IFC 2019) and “mobilizing private capital at significant scale” (IFC 2021) where it is needed the most. To achieve IFC 3.0’s aims of market creation and private capital mobilization at scale, IFC recognized it would need new tools and analytical capabilities to: (i) Develop a deeper understanding of the constraints limiting private sector solutions and opportunities in each country’s economy, including in key enabling and productive sectors; and (ii) Allow for a more strategic selection, sequencing, and implementation of its activities and stronger coordination across the World Bank Group. At the country level, IFC 3.0’s tools included a new diagnostic instrument, the Country Private Sector Diagnostic (CPSD), and a new strategy instrument, the IFC Country Strategy. The objective of the evaluation is to assess whether IFC Country Strategies and CPSDs have enhanced IFC’s ability to create markets and mobilize capital at scale and have informed Bank Group collaboration on private sector development. The evaluation will focus on IFC Country Strategies and CPSDs completed since their inception in fiscal year (FY)18. The evaluation will cover all 50 IFC Country Strategies and the 31 CPSDs completed between FY18 and December 31, 2021.
format Working Paper
author Independent Evaluation Group
author_facet Independent Evaluation Group
author_sort Independent Evaluation Group
title International Finance Corporation Country Diagnostics and Strategies under IFC 3.0 : An Early-Stage Assessment : Approach Paper
title_short International Finance Corporation Country Diagnostics and Strategies under IFC 3.0 : An Early-Stage Assessment : Approach Paper
title_full International Finance Corporation Country Diagnostics and Strategies under IFC 3.0 : An Early-Stage Assessment : Approach Paper
title_fullStr International Finance Corporation Country Diagnostics and Strategies under IFC 3.0 : An Early-Stage Assessment : Approach Paper
title_full_unstemmed International Finance Corporation Country Diagnostics and Strategies under IFC 3.0 : An Early-Stage Assessment : Approach Paper
title_sort international finance corporation country diagnostics and strategies under ifc 3.0 : an early-stage assessment : approach paper
publisher Washington, DC : World Bank
publishDate 2022
url http://documents.worldbank.org/curated/en/099407305132224493/IDU02c66ab880aeb9047c80a7590e8cc4ccaf1b6
http://hdl.handle.net/10986/37675
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