Investment Project Financing (IPF) is the main lending vehicle for the World Bank, accounting for three-quarters of total Bank financing, and now has an extensive track record of achievements and challenges across all sectors and regions. Previous work has identified important predictors of project performance. ľ¹ÏÓ°Ôº is currently conducting an assessment of IPF that updates and extends this work, with a focus on lessons for the management of quality.
In this talk, Jed Friedman will highlight results from this ongoing research to address the following questions:
- Which country-level characteristics are most predictive of IPF performance?
- What is the role of staffing, especially the selection and retention of key staff and managers, for IPF performance?
- Which design and supervision factors appear to be most important for performance?
- What are the implications of these findings as client countries continue to grow in both income and sectoral complexity?