By World Bank
To achieve its undertaking to minimize poverty, the area financial institution regularly adapts its rules and practices to a speedily altering global. to do that, it seeks trustworthy and aim details at the effectiveness of its operations. This quantity provides an summary of the realm financial institution crew operations and assessment standards and techniques for tips. the area Bank's new review procedure emphasizes attaining leads to the sphere. evaluate is a key instrument to help results-based administration, the aim of that's to supply a framework for strategic making plans and administration in keeping with the foundations of studying and shared accountability. This e-book will entice somebody attracted to the operations of the realm financial institution crew and the overseas Finance company.
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Extra info for Assessing development effectiveness: evaluation in the World Bank and the International Finance Corporation
IDA was founded in 1960 to assist the poorest developing countries with concessional resources provided by its wealthier members and IBRD surpluses. Most of the Bank's lending is used for investment projects. These build up physical and human capital; help countries increase agricultural productivity; provide basic health care; train teachers; build roads, power stations, schools and health clinics; modernize industries; expand telecommunications networks; and construct water and sewerage facilities.
Findings from these assessments improve the Bank's understanding of the factors determining operational quality that are used to catalyze changes in Bank policies, programs, and processes. Page 17 Evolution Initially, operations evaluation in the Bank concentrated mainly on individual investment projects. In the mid-1970s, the focus was broadened to cover the Bank's operational policies and processes through cross-country evaluation studies. The late 1980s saw the start of increased emphasis on dissemination and feedbackthat is, on ensuring that evaluation programs focused on topics relevant to operational needs and made their results and recommendations readily accessible to decision makers.
The Quality Assurance Group (QAG) was created in February 1996. It provides line managers and staff with independent assessments of the quality of ongoing work and identifies and helps them address critical problem areas in the current portfolio. It thus differs from OED in that it is a tool for quality assurance during project preparation and implementation. QAG reviews operational products on a sample basisincluding reviews of supervision, checks on the quality of proposed new projects, and troubleshooting for problem projectsand assesses the quality of advisory services and of country portfolio performance reviews.