Brazil Country Program Evaluation, FY2004-11: Evaluation of by The World Bank

By The World Bank

IEG's evaluate exhibits that the area financial institution crew remained a major associate for the govt. in addressing many key coverage demanding situations. the realm financial institution tailored its software successfully to satisfy transferring nation wishes, which shifted to subnational govt aid within the mid-2000s. The foreign Finance company (IFC) supplied valuable advisory aid for structuring public-private partnership tasks and alternate finance through the 2008-09 international monetary challenge. The Multilateral funding warrantly supplier (MIGA) focused its actions at the electrical energy transmission subsector.

IEG charges the general final result of the financial institution staff application as reasonably passable, with a few very important variability throughout subject matters. The financial institution crew made major contributions while it served as an consultant, supplying analytical enter and replacing perspectives on suitable coverage matters. Advisory aid for structuring public-private partnership tasks leveraged IFC's international services in undertaking financing. The financial institution Group's convening strength supplied different stakeholders with a platform to check matters and trade-offs that lower throughout organizational barriers. additionally, the financial institution helped decrease deforestation within the Amazon via help for an enormous enlargement of secure parts and indigenous territories, in addition to for construction the means of nationwide and country environmental firms.

Results have been much less passable in addressing infrastructure bottlenecks, quite in logistics and the price of doing enterprise. those components remained serious constraints to Brazil's development and a key govt situation. a question concerning the total kingdom procedure is whether or not using a couple of very huge operations with chance rate relative to the IBRD publicity restrict was once appropriate.

The powerful call for for financial institution crew monetary and information help in Brazil is probably going to proceed. to make sure effective use of operational assets, the financial institution workforce needs to maximize its contribution according to greenback loaned and in step with buck of financial institution workforce finances assets. IEG recommends that the financial institution crew make catalytic influence a tremendous criterion within the layout of its destiny technique in Brazil. which means in picking the courses and tasks to aid, the emphasis could be on people with advantages past the person intervention.

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