The World Bank's Country Policy and Institutional Assessment

The World Bank

Description

The evaluation finds that the content of the World Bank's Country Policy and Institutional Assessment (CPIA) is largely relevant for growth and poverty reduction in the sense that it maps well with the determinants of growth and poverty reduction identified in the economics literature. However, some CPIA criteria need to be revised (in particular trade and finance), and one needs to be added (assessment of disadvantaged socio-economic groups). Second, the evaluation finds that the CPIA ratings are in general reliable and correlate well with similar indicators. The World Bank's internal review process helps guard against potential biases in having Bank staff rate countries on which their work programs depend. The CPIA ratings are found to correlate better with similar indicators for middle income countries than for low income countries. This could be because there is more information available on middle income countries, which increases the likelihood of different institutions having similar assessments on them. This could also be because the CPIA rating exercise takes into account the stage of development, which is more pertinent for low income countries, and which also subject the ratings of those countries to more judgment in an exercise that is already centered on staff judgment.

Sujets

• Chemical Propulsion Information Analysis Center
• World Bank
• Independent Evaluation Group

Informations

• Publié par: world-bank-publications
• Publié le: 13 septembre 2010
• Nombre de lectures: 14
• EAN13: 9780821384275
• Langue: English
• Poids de l'ouvrage: 1 Mo

Extrait

The World Bank’s
Country Policy and
Institutional Assessment
An IEG EvaluationTHE WORLD BANK GROUP
WORKING FOR A WORLD FREE OF POVERTY
The World Bank Group consists of five institutions—the International Bank for Reconstruction and Development
(IBRD), the International Finance Corporation (IFC), the International Development Association (IDA), the
Multilateral Investment Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment
Disputes (ICSID). Its mission is to fight poverty for lasting results and to help people help themselves and their
environment by providing resources, sharing knowledge, building capacity, and forging partnerships in the public
and private sectors.
THE INDEPENDENT EVALUATION GROUP
IMPROVING DEVELOPMENT RESULTS THROUGH EXCELLENCE IN EVALUATION
The Independent Evaluation Group (IEG) is an independent, three-part unit within the World Bank Group.
IEG-World Bank is charged with evaluating the activities of the IBRD (The World Bank) and IDA, IEG-IFC focuses on
assessment of IFC’s work toward private sector development, and IEG-MIGA evaluates the contributions of MIGA
guarantee projects and services. IEG reports directly to the Bank’s Board of Directors through the Director-General,
Evaluation.
The goals of evaluation are to learn from experience, to provide an objective basis for assessing the results of the
Bank Group’s work, and to provide accountability in the achievement of its objectives. It also improves Bank Group
work by identifying and disseminating the lessons learned from experience and by framing recommendations drawn
from evaluation findings.The World Bank’s
Country Policy and
Institutional Assessment
An IEG Evaluation
2010
The World Bank
Washington, D.C.http://www.worldbank.org/ieg© The International Bank for Reconstruction and Development / The World Bank
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Cover image: Unisphere at Flushing Meadows – Corona Park. New York, New York. © Rudy Sulgan/Corbis. The Unisphere was built as the theme
symbol for the 1964–65 World’s Fair.
ISBN: 978-0-8213-8427-5
e-ISBN: 978-0-8213-8429-9
DOI: 1596/978-0-8213-8427-5
Library of Congress Cataloging-in-Publication data have been applied for.
World Bank InfoShop Independent Evaluation Group
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Printed on Recycled PaperContents
vii Abbreviations
ix Acknowledgments
xi Foreword
xiii Executive Summary
xix Management Response
xxv Chairman’s Summary: Committee on Development Effectiveness (CODE)
xxvii Advisory Panel Statement
1 1 Introduction and Evolution of the CPIA
4 Evolution in the Content of the CPIA
8 Other Changes in the CPIA
9 Role of the CPIA in IDA Allocation
13 2 Relevance of the CPIA for Growth, Poverty Reduction, and Effective
Use of Development Assistance
15 The CPIA and Determinants of Sustained Growth
25 minants of Poverty Reduction
29 The CPIA and the Effective Use of Development Assistance
31 Findings and Recommendations
39 3 Reliability of the CPIA Ratings
41 Comparability with Other Indicators
48 CPIA Ratings Generation Process
57 4 Findings and Recommendations
59 Overview
59 Main Findings
62 Recommendations
65 Appendixes
67 A: 2008 Country Policy and Institutional Assessment Criteria
71 B: Public Sector Literature Review
81 C: 2007 CPIA Criteria on Economic Management, Structural Policies, and
Policies for Social Inclusion/Equity and Evidence in the Literature
91 D: Literature Review on Aid Effectiveness
93 E: Examples of Positive Impacts of Aid Projects from Randomized
Evaluations in Education, Health, Infrastructure, and Agriculture
95 F: Review of Financial Sector Criterion
99 G: Country Policy and Institutional Assessment (CPIA) and
Loan Performance
iiiTHE WORLD BANK’S COUNTRY POLICY AND INSTITUTIONAL ASSESSMENT
103 H: Comparing Country Policy and Institutional Assessment Ratings by
the World Bank, African Development Bank, and Asian Development
Bank
105 I: Comparator Indices of the CPIA
109 J: Number of IDA and IBRD Countries for Which External Data are Available
111 K: Comments by Network on Regional CPIA Rating Proposals, 2007
113 Endnotes
119 References
Boxes
4 1.1 Changes to the CPIA Criteria in 1998 That Reflect the Emphasis on
Institutions
11 1.2 The Governance Adjustment in IDA’s Country Performance Ratings,
FY1998–2008
19 2.1 Channels through Which Inequality Affects Growth
44 3.1 Comparator Indicators
50 3.2 The Process of Preparing CPIA Ratings
51 3.3 The Network Reviews of CPIA Ratings
Figure
25 2.1 Relat ionship between Changes in PBA and the Ratio of Cluster D Ratings
to Ratings on Other Clusters for “Core IDA” Countries
Tables
5 1.1 CPIA Criteria 1998–2008
10 1.2 Evolution of IDA’s Performance-Based Allocation Formula and the
Adjustment for Governance
16 2.1 Mapping of the “Consensus” Determinants for Sustained Growth and the
CPIA Criteria
22 2.2 Correlations between Ratings of CPIA Clusters, 2007
22 2.3 Correlations between CPIA with Different Cluster Weights and CPIA
with Equal Cluster Weights, 2007
23 2.4 Simulation Results: Effects on Performance-Based Allocations for “Core
IDA” Countries Arising from a Larger Weight on the “Governance”
Cluster Compared to Equal Weights on All Clusters
33 2.5 Simulation Results: Changes in PBA from Dropping q8
34 2.6 Simulation Results: Changes in Trade Ratings Arising from Changes
in Weights of Trade Subcriteria by Numbers and Shares of IBRD
and IDA Countries
35 2.7 Simulation Results: IBRD and IDA Countries That Would Experience
Changes in Trade Ratings due to Changes in Weights for Trade
Subcriteria
37 2.8 Simulation Results: Changes in PBA Arising from Changes in Weights for
Trade Subcriteria
42 3.1 Rank Correlation Coefficients between CPIA Ratings and Comparator
Ratings for 2007
45 3.2 Other Indicators—Expert Judgment or Hard Data?
46 3.3 Are Other Comparator Indicators Closer to the Bank or to AfDB and ADB?
47 3.4 Comparison of Changes in CPIA Ratings 2006–07 between the Bank,
AfDB, and ADB
ivCONTENTS
49 3.5 Rank Correlations between the CPIA and Other Indicators: IBRD versus
IDA Countries
52 3.6 Numbers and Shares of Initial Regional Rating Proposals on Which the
Networks Disagreed with the Regions, by Criteria, for 2007
53 3.7 Number and Share of Initial Regional R
Networks Disagreed with the Regions, by Region and IBRD and IDA
Countries for 2007
53 3.8 Network Disagreements with Initial Regional Rating Proposals
54 3.9 Share of Instances Where Networks Prevailed When Networks Disagreed
with Regions over Proposed Increases in Ratings from 2006
54 3.10 Share of Instances Where Networks Prevailed When Networks
Disagreed with Regions, 2007
55 3.11 Shares of Countries on Which Networks Commented in 2007 When
Regions Proposed the Same Ratings as in 2006
vEnergy transmission and power lines, Tajikistan. Photo by Gennadiy Ratushenko/World Bank
viAbbreviations
ADB Asian Development Bank
AfDB African Development Bank
AML-CFT Anti-money laundering and combating the fi nancing of terrorists
ARPP Annual review of project performance
BCP Basel core princip