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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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 |
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PRIVATE SECTOR LOCALLY-OWNED COMPANIES DEVELOPING COUNTRIES CAPITAL FLOWS ANALYTICAL PRODUCTS |
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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 |
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World |
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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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1764487645071671296 |