IEG Evaluation Briefs highlight major issues and analyses through original research or amplify issues surfaced in published reports.
Evaluation Notes are stand-alone thematic, sector-specific, process, and country/regional evaluations, typically 8-10 pages long. The Evaluation Notes are prepared using the same methodology and rigor as used for longer IEG studies.
IEG’s Disclosure Policy now allows disclosure of virtually all IEG-IFC studies and publications. Included in the list below are a number of Evaluation Briefs that were disclosed prior April 30, 2006 when the IEG Disclosure Policy became effective and all Evaluation Briefs that were produced subsequently.
March 2008
Evaluation Note: Improving Results in Sub-Saharan Africa - Business Climate and IFC Work Quality are Key [PDF]
Sub-Saharan Africa (SSA), one of the poorest regions in the world, is a priority region for IFC and the World Bank. IFC increased its investment volume in SSA significantly from $405 million in fiscal year (FY) 2004 to $1,379 million in FY 2007. IFC plans for continued growth in investment volume and advisory services in the region through 2010. More...
Evaluation Note: IFC’s Experience and Additionality in Middle Income Countries Results and Challenges [PDF]
Middle-income countries (MICs) have considerable importance for the global economy and for IFC. The 86 MICs, with per capita incomes between $826 and $10,065,1 make up 86 percent of developing country Gross Domestic Product (GDP) and are home to 57 percent of the developing world’s population (including one-third of people who subsist on less than $2 a day). IFC invested just over $30 billion in 70 of these MICs between 1996-2007, around four-fifths of IFC’s investments in developing countries.2 This Evaluation Note gives an overview of IFC’s experience and additionality in MICs from1996 through 2007. More...
February 2007
IFC’sExperience in the Transport Sector [PDF]
IFC’s Independent Evaluation Group (IEG) reviewed IFC’s investments in the transport sector between 1990 and 2005. IEG found that: Between fiscal years (FY) 1990 and 2005, IFC made 125 transport commitments supporting projects with a capital value of $14 billion, investing $2.2 billion for its own account and mobilizing $1.4 billion of B-loans. On average, transport investments have accounted for about 6 percent of IFC commitments.
June 2005
IFC Operations in Romania: Investment Climate-Driven [PDF]
IFC's strategies in Romania have closely followed the country's journey from socialism to the free market. Appropriately, IFC has concentrated on the investment climate, pursuing investment operations in financial markets and technical assistance activities in private sector development and privatization. Early results suggest these efforts are bearing fruit, although it is still too early to judge the overall results.
June 2005
An Evaluation of IFC's Frontier Country Strategy [PDF]
Is it time for IFC to expand its frontier strategy to include countries that have a medium- or low-risk rating but nevertheless qualify on the grounds of poor investment climates? This Evaluation Brief explores this question and assesses IFC's results in the current group of frontier states.
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January 2005
IFC and the Millennium Development Goals (MDGs) [PDF]
With the MDGs, the development community now has a broadly endorsed focus for its fight against poverty. Data shows that countries with better investment climates are more likely to achieve the MDGs. IFC’s frontier strategy focuses on low-income or high-risk countries (or regions within countries) where foreign capital flows are scarce and IFC’s catalytic additionality is high. Read more about how the MDGs and IFC fit together.