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IEG-IFC’s studies analyze broad themes and trends related to IFC's performance and the lessons of its experience in sectors and countries. Topics are selected for their strategic development relevance and provide hard data for management and the Board to assess IFC’s past performance and help IFC management to develop corporate, sector, and country-level strategies. This Country Impact Review (CIR) will focus on IFC investment projects and Advisory Services in the period starting on July 1, 1998 and ending on June 30, 2007. The CIR will focus on answering the questions at three levels, (i) strategy, (ii) operations, and (iii) learning. At the strategy level, the CIR will address the question of the relevance of IFC’s strategy, at the operations level, the focus of the CIR will be on whether IFC properly implemented its strategy, with an emphasis on understanding the effectiveness in achieving the expected outcomes and impacts. Lastly, at the learning level, the CIR will conclude if there were better ways of carrying out the intervention, and will explore good practices and lessons that could be drawn from the nine years of operation. The Indonesia Country Impact Review will evaluate IFC's strategies as well as investment and advisory operations in Indonesia over the period of FY90 to FY05. The evaluation will include IFC's response to two major country crises, the economic and financial crisis related to the Asian Crisis in 1997-1998 and the Tsunami natural disaster in 2004. The role of the business climate in the post-Asian Crisis recovery will also be assessed. The study will also assess IFC's recent technical assistance and advisory services (TAAS) operations in the country. This annual report provides an update on the development results of IFC-supported operations. The 2008 annual review offers new analysis of IFC’s additionality -- how well, through its operations, IFC is helping to address market and institutional "failures" that inhibit sustainable private sector development in developing countries.The report will review the development results related to 174 IFC-supported investment operations that reached early operating maturity during 2005-2007. It will also look at the preliminary results for IFC’s advisory services based on a pilot review of 293 operations completed during 2004-2006. This study is part of a World Bank Group (WBG)- wide evaluation of 10 client countries. IEG-IFC will focus on evaluating the impacts and effectiveness of IFC’s environmental investment support, environmental finance and advisory services, cooperation inside WBG in sustainable environmental infrastructure projects with private or Public Private Partnership financing, promotion of ESHS consultant services for IFC’s clients, IFC’s partnerships to promote sustainability initiatives like Equator Principles, and the potential of the new IFC’s environmental policy, performance standards and review procedures to address the ESHS risks and their mitigation in IFC’s investment and technical assistance projects. IEG-IFC participate in the IEG evaluation of Health, Nutrition and Population (NHP) by evaluating IFC's operations in health sector. The objectives of the evaluation are to 1) assess relevance, effectiveness and efficacy of IFC strategy and operations in health sector since FY1997 and 2) identify lessons from that experience to improve efficacy of IFC's support in health sector going forward. The primary question is "Has IFC been effective in promoting health sector development?" IEG evaluation focuses on four subjects: IFC sector strategy, implementation of the strategy, results and implications. As IFC intensifying its growth and expansion into new areas and roles, it is important that the monitoring evaluation systems functions and covers such diverse activities for appropriately informed corporate learning and accountability. In this BROE 2008, IEG reviews 1) the status of the existing IFC’s evaluation system, both self- and independent evaluation sub-systems, 2) assess relevance, effectiveness and efficacy of the IFC’s evaluation system under the current operations as well as anticipated roles as articulated in the IFC strategies and 3) identify lessons from that experience to improve efficacy of IFC’s operations in the new realities. For questions or inquiries on any of these studies, please, contact our Help Desk. |
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