Contents -- Foreword -- Acknowledgments -- Executive Summary -- Abbreviations -- 1 Introduction -- Objective, Scope, and Approach -- Evolution of External Environment and Bank Responses -- Bank Lending Trends -- Project Performance -- 2 Supporting the Right Projects and Producing Results -- Project Design -- Cost-Benefit Analysis -- Financial Sustainability -- Performance Monitoring and Results Measurement -- Continuity of Engagement -- 3 Reaching the Poor -- From "Trickle Down" to "Basic Needs" -- Searching for Alternatives -- Enabling Environment -- Balancing Growth and Access -- 4 Managing Expectations About Private Sector Participation -- Evolution of Private Financial Flows and Investments -- Political Economy of Private Participation in Infrastructure -- Adapting Regulation to Country Capacity -- Allocating Risks -- 5 Ensuring Environmental and Social Sustainability -- Increasing Attention to Environmental and Social Impacts and Risks -- Finding a More Balanced Approach -- Integrating Work on Environmental and Social Issues in the Project Cycle -- Managing High-Profile Engagements -- 6 Fighting Corruption -- Addressing Corruption in Bank-Financed Projects -- Altering Corruption-Prone Business Models and Practices -- Managing Extractive Industry Revenues -- 7 Communicating with Stakeholders -- Growing External Scrutiny -- Strategic Communications -- Appendix A -- Infrastructure Projects Rated Highly Satisfactory by OED -- Appendix B -- Infrastructure Projects Rated Highly Unsatisfactory by OED -- Appendix C -- Inspection Panel Investigations of Infrastructure Projects -- Notes -- Index -- Boxes -- 2.1 Maputo Urban Rehabilitation Project-Asphalt Versus Concrete Paving for Tertiary Roads -- 2.2 Building Hazard Mitigation into Infrastructure Planning and Design -- 2.3 Honduras El Cajon Power Project.

2.4 Algeria Urban Water Supply and Sewerage -- 2.5 Re-engagement in the Power Sector in the Philippines -- 2.6 World Bank Support to Slum Upgrading -- 3.1 Centrally Driven Rural Water Supply and Sanitation in India -- 3.2 Community-Driven Rural Water Supply and Sanitation in India -- 3.3 Water Sector Privatization in Argentina -- 3.4 Entrepreneurs Working for the Poor-Three Examples -- 3.5 Output-based Aid: Tying Subsidies to Service Delivery for the Poor -- 3.6 Balancing Growth and Access in Vietnam -- 4.1 Improving Public Utilities-Water Supply in Phnom Penh, Cambodia -- 4.2 Electricity Privatization in Georgia -- 4.3 Privatization of Water Services in Bolivia -- 5.1 The Story of Narmada -- 5.2 Inspection Panel Investigations of Infrastructure Projects- Overview -- 5.3 China Shuikou Hydropower Project -- 5.4 Bolivia-Brazil Gas Pipeline Project (safeguards) -- 5.5 Involuntary Resettlement-Use of an Adaptive Approach -- 5.6 Summary of Recommendations of the Panel on High-Risk/ High-Reward Infrastructure Projects -- 6.1 Lesotho Highlands Water Project -- 6.2 Indonesia Second Sulawesi Urban Development Project -- 6.3 Fiduciary Management in Afghanistan -- 6.4 Bangladesh Rural Electrification and Renewable Energy Project -- 6.5 Bolivia Municipal Strengthening Project -- 6.6 Kecamatan Development Program, Indonesia -- 6.7 Chad-Cameroon Petroleum Development Project -- 7.1 Brazil Polonoroeste Project -- 7.2 Bolivia-Brazil Gas Pipeline Project (communications with stakeholders) -- 7.3 Argentina-Paraguay Yacyretá Dam Project -- 7.4 Laos Nam Theun 2 Project -- 7.5 Sierra Leone Bumbuna Hydroelectric Project -- 7.6 West Africa Gas Pipeline Project -- Figures -- 1.1 IBRD/IDA Infrastructure Lending, FY1970-2005 -- 1.2 IBRD/IDA Infrastructure Lending by Sector, FY1970-2005 -- 1.3 IBRD/IDA Infrastructure Lending by Region, FY1970-2005.

1.4 IBRD/IDA Infrastructure Lending by Client Segment, FY1970-2005 -- 1.5 Importance and Effectiveness of Bank Delivery- Feedback from Clients, FY2002-04 -- 4.1 Commitments of Private Participation in Infrastructure (PPI) in Developing Countries -- Tables -- 1.1 Project Outcome Ratings, FY1970-2004 -- 2.1 Ex-ante and Ex-post Economic Rates of Return of Infrastructure Projects Completed in FY1999-2003.