By The World Bank

IEG's assessment exhibits that the area financial institution workforce remained an incredible accomplice for the govt in addressing many key coverage demanding situations. the realm financial institution tailored its application successfully to fulfill moving state wishes, which shifted to subnational govt aid within the mid-2000s. The foreign Finance company (IFC) supplied beneficial advisory help for structuring public-private partnership tasks and exchange finance in the course of the 2008-09 worldwide monetary situation. The Multilateral funding warrantly company (MIGA) targeted its actions at the electrical energy transmission subsector.

IEG charges the final end result of the financial institution team application as reasonably passable, with a few vital variability throughout subject matters. The financial institution workforce made major contributions whilst it served as an consultant, offering analytical enter and changing perspectives on correct coverage matters. Advisory help for structuring public-private partnership initiatives leveraged IFC's worldwide services in undertaking financing. The financial institution Group's convening strength supplied various stakeholders with a platform to check concerns and trade-offs that reduce throughout organizational limitations. furthermore, the financial institution helped lessen deforestation within the Amazon via help for an important growth of safe parts and indigenous territories, in addition to for construction the ability of nationwide and country environmental organisations.

Results have been much less passable in addressing infrastructure bottlenecks, fairly in logistics and the price of doing company. those parts remained severe constraints to Brazil's development and a key executive main issue. a query concerning the total state method is whether or not using a number of very huge operations with chance price relative to the IBRD publicity restrict was once appropriate.

The powerful call for for financial institution staff monetary and information aid in Brazil is probably going to proceed. to make sure effective use of operational assets, the financial institution team needs to maximize its contribution in step with greenback loaned and in keeping with buck of financial institution team funds assets. IEG recommends that the financial institution staff make catalytic impression an incredible criterion within the layout of its destiny approach in Brazil. which means in deciding on the courses and initiatives to help, the emphasis might be on people with advantages past the person intervention.

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Brazil Country Program Evaluation, FY2004-11: Evaluation of the World Bank Group Program (Independent Evaluation Group Studies) by The World Bank


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