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. The World Bank 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?