Cover image for Biennial Report on Operations Evaluation : Assessing the Monitoring and Evaluation Systems of IFC and MIGA.
Biennial Report on Operations Evaluation : Assessing the Monitoring and Evaluation Systems of IFC and MIGA.
Title:
Biennial Report on Operations Evaluation : Assessing the Monitoring and Evaluation Systems of IFC and MIGA.
Author:
Bank, The World.
ISBN:
9780821399194
Personal Author:
Physical Description:
1 online resource (145 pages)
Series:
Independent Evaluation Group Studies
Contents:
Front Cover -- Title Page -- Copyright Page -- Contents -- Abbreviations -- Acknowledgments -- Overview -- Management Response -- Chairperson's Summary -- Statement by The External Expert Panel -- 1. Context and Evaluation Framework -- M&E Systems for Development Results in IFC and MIGA -- Normative Standard for Assessing Monitoring and Evaluation Systems and Evaluation Framework -- Notes -- References -- 2. Monitoring and Evaluation in IFC and MIGA -- Monitoring and Evaluation for IFC Investment Operations -- Self-Evaluation of IFC Investments -- Monitoring and Evaluation for IFC Advisory Services -- Thematic Evaluations at IFC -- IFC's Evaluation Strategy -- Corporate Monitoring and Evaluation -- Monitoring and Evaluation in MIGA -- Notes -- References -- 3. Use and Influence of Monitoring and Evaluation in IFC and MIGA -- Use of Monitoring and Evaluation in IFC Projects -- Integrating Development Results into Staff Incentive Structures in IFC -- Use of Monitoring and Evaluation in MIGA Guarantee Projects and Strategy -- Notes -- References -- 4. Effectiveness and Efficiency of Monitoring and Evaluation Systems -- Effectiveness of Monitoring and Evaluation Systems in IFC and MIGA -- Cost and Reach of Monitoring and Evaluation Systems -- Notes -- References -- 5. Main Findings and Recommendations -- Findings -- Recommendations -- Appendixes -- A. Results Frameworks for IFC and MIGA Interventions -- B. IEG Criteria for Assessing M&E Quality for Advisory Services -- C. Electronic Survey of IFC and MIGA Staff -- D. IFC Work Quality Assessment for Advisory Services Projects -- Bibliography -- Boxes -- Figures -- Tables -- Back Cover.
Abstract:
The development paradigm has shifted toward private investment, and the private sector has become central in development strategies. There is much to be learned about how to effectively facilitate and mobilize private sector contributions to development. Effective monitoring and evaluation (M and E) systems are critical for learning to catalyze private sector development.In line with this advance, the International Finance Corporation and the Multilateral Investment Guarantee Agency are developing and refining their M and E efforts. In this Biennial Report on Operations Evaluation, the Independent Evaluation Group takes stock of the evolution of the M and E systems in the two organizations, assessing their adequacy, coverage, and quality, as well as their respective results measurement systems.IEG acknowledges progress by the two institutions. IFC has advanced its systems for gathering, analyzing, and applying project information and has strengthened its coverage of indicators that measure results. Information from M and E has become more prominent in its business decisions. However, the institution's corporate goals are built on indicators of client reach that cannot be solely attributable to IFC, so there is no credible articulation of IFC's impact.MIGA has introduced self-evaluation of its projects and started gathering some standard development indicators. As a result, individual learning is taking place in the institution.The report shows the importance of IFC and MIGA managements continuing their efforts to deepen M and E and improve their systems. To gain the full benefit of learning from evidence that M and E brings to light, key areas need improvement. IEG offers recommendations for IFC regarding quality, verification of data, and tracing effects. For MIGA, IEG notes that it needs to adapt and streamline its evaluation approach to fit

its business practices.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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