World Bank Group Results and Performance (RAP) Report 2024
Introduction and Objective
- Objective: Describe trends in the World Bank Group’s performance ratings.
- Format: Similar to a Corporate Scorecard, the report will present trends, changes in trends, and a deeper analysis of specific issues based on the Independent Evaluation Group (IEG) validations of self-evaluations.
- Focus: Analyze trends in Bank Group operations and country program ratings, outcome types, and factors linked to performance during the COVID-19 pandemic.
Audience and Principles
- Audience: Mainly the Board of Executive Directors.
- Principles: Continuity, innovation, and symmetry.
- Continuity: Standardized analysis allowing comparison across key breakdowns and updates from 2020 to 2023.
- Innovation: New analyses such as country opinion surveys, project preparation time, and preimplementation scoping time.
- Symmetry: Consistent analysis across Bank Group institutions.
Key Areas of Analysis
- Operations:
- Trends in Ratings: Trends in operations’ ratings, including preparation, processing, and preimplementation scoping time.
- Outcome Types: Progress toward Anticipated Impact Measurement and Monitoring (AIMM) indicators.
- Factors Specific to Work Quality and Additionality: Identifying factors associated with development outcome ratings in IFC investment projects.
- Country Programs:
- Rating Trends: Analyzing trends in country program ratings.
- In-Depth Review: Detailed review of Bank Group performance at the country level.
Questions and Scope
- Main Question: What do IEG’s validations tell us about the Bank Group’s performance?
- Subquestions:
- Trends in operations’ ratings based on IEG validations.
- Changes in country program ratings and factors associated with higher or lower performance.
- Components:
- Component 1: Trends in Bank Group operations’ ratings.
- Component 2 & 3: Trends in outcome types and factors linked to implementation in COVID-19–exposed operations.
- Component 4: Factors specific to work quality and additionality in IFC investment projects.
Methodology
- Methods: Statistical analysis (descriptive and correlation), content analysis, ratings assessment, and supervised machine learning.
- Frameworks: Objective-based and market/industry benchmark-based methodologies for different types of projects.
- Analysis:
- World Bank Operations: Three-year rolling period and year-on-year analysis of main performance ratings.
- IFC Projects: Analysis of project preparation time, processing time, and preimplementation scoping time.
- Supervised Machine Learning: Identification of Delivery Challenges in Operations for Development Effectiveness (DeCODE) factors.
Variations in Preparation and Processing Times
- World Bank Operations: Analysis of preparation time trends.
- IFC Investment Projects: Analysis of processing time and preimplementation scoping time.
- Association with Performance Ratings: Exploring the relationship between these times and performance ratings.
This report aims to provide comprehensive insights into the performance and effectiveness of the World Bank Group, focusing on trends, specific issues, and innovative analyses to support strategic decision-making and learning.
