Independent Evaluation of IFC's Development Results 2008 : IFC's Additionality in Supporting Private Sector Development
The Independent Evaluation of International Finance Corporations (IFC's) Development Results (IEDR) is the annual flagship report of the Independent Evaluation Group (IEG). It reviews IFC's effectiveness in supporting private sector devel...
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| Format: | Publication |
| Language: | English en_US |
| Published: |
Washington, DC : International Finance Corporation
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2008/07/9861698/independent-evaluation-ifcs-development-results-2008-ifcs-additionality-supporting-private-sector-development http://hdl.handle.net/10986/6576 |
| Summary: | The Independent Evaluation of
International Finance Corporations (IFC's) Development
Results (IEDR) is the annual flagship report of the
Independent Evaluation Group (IEG). It reviews IFC's
effectiveness in supporting private sector development and
its contributions to economic growth and poverty reduction,
as well as to environmentally and socially sustainable
development. The main purpose of the IEDR is to provide an
independent assessment to the Executive Board, IFC
Management, and the wider development community about recent
trends in IFC's performance, and to stimulate debate
and action on IFC strategy and operational processes going
forward. The report also serves as a source of knowledge and
learning about private sector development, in general, and
about development impact, more specifically. This
year's IEDR contains two main themes. The first is a
review of the development results achieved by IFC-supported
operations. On the investment side, this means looking at
how well operations that reached early operating maturity
during 2005-07 performed, in terms of their financial and
economic results relative to specific market benchmarks as
well as their environmental and social effects and
contributions to private sector development beyond the
project. For advisory services, the report presents some
emerging results of 293 operations that were closed during
2004-06 and which were evaluated on a pilot basis as part of
wider efforts under way to assess performance in this area.
The second theme of the report is a preliminary, ex-post
look at the 'additionality' or unique role and
contribution that IFC brings to its clients through its
investment and advisory services operations. |
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