TY - BOOK AU - International Finance Corporation (IFC) TI - Independent evaluation of IFC's development results 2009 : knowledge for private sector development SN - 0821379860 U1 - 338.91 PY - 2009/// CY - Washington, D.C. PB - International Finance Co. & World Bank N1 - CONTENTS Abbreviations vii Definitions of Evaluation Terms ix Acknowledgments xi Foreword xiii Avant-propos xv Prologo xvii Executive Summary xxi Resume analytique xxvii Resumen ejecutivo xxxv IFC Management Response to IEG-IFC li Chairperson's Summary: Committee on Development Effectiveness (CODE) lvii Advisory Panel Statement lix 1 Strategic Context 1 Growing Participation of the Private Sector in Development 1 Global Financial Crisis 2 Implications for IFC 4 Part I: Financing Development 5 2 Performance of IFC Investment Operations 7 Portfolio Pattern 7 Project Development Results 10 Impact and Implications of the Global Financial Crisis 20 Part II: Knowledge for Development 27 3 Performance of IFC Advisory Services 29 Knowledge, Development, and the Private Sector 29 Growth of IFC Advisory Services and Strategic Considerations 31 Organizational Alignment of Advisory Services 35 Delivery of IFC Advisory Services 40 Results of IFC Advisory Services 51 4 Conclusions and Recommendations 65 Conclusions 65 Recommendations 67 Appendixes 69 A: Project Sample Representativeness-Investment Operations 71 B: Project Evaluation Methodology-Investment Operations 73 C; Further Details on Results Characteristics-Investment Operations 79 D: Risk-Adjusted Expected Development Outcome Regression: Model Specification, Analysis, and Preliminary Results 81 E: Chronology of IFC Advisory Services 85 F: Advisory Services Facilities, by Region 89 G: Project Sample Representativeness-Advisory Services 91 H: Project Evaluation Methodology-Advisory Services 95 I: Findings from IFC-Commissioned Reviews of IFC Advisory Services 97 J: High-level Comparison of IFC Advisory Services with Other Multilateral Development Banks 101 Endnotes 115 Bibliography 121 ER -