Investment Climate Reforms: An Independent Evaluation of World Bank Group Support to Reforms of Business Regulations by The World Bank

Author:The World Bank
Language: eng
Format: epub
Publisher: The World Bank

Effectiveness of Industry-Specific Projects

Similarly, the number of evaluated investment climate industry projects is very small (7 IFC advisory projects and 41 World Bank investment projects). Consequently, it is hard to draw general lessons. On average, IFC investment climate advisory projects in the agribusiness and tourism sectors are more likely to have positive development outcomes than the general investment climate portfolio (71 percent versus 55 percent, although with such a small number of rated projects, the differences are not statistically significant). By contrast, World Bank investment climate investment projects in agribusiness and tourism are on average less successful than the general investment climate portfolio (71 percent versus 82 percent), but again the difference is not statistically significant.

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