A borrower's view of the World Bank : is it effective ?
Barbu, Alain
A Gallup survey of Borrowing Countries' Views, and The Effectiveness of the Bank's Appraisal Process : An OED Study, by Alain Barbu, reviewed the Bank's project preparation and appraisal process. Both reports noted weaknesses that, while not requiring an overhaul of current process standards, suggest that these be fine-tuned -particularly by targeting local-level concerns more effectively. The strengths of the appraisal process outweigh its weaknesses. In particular, the "efficacy" of the process has improved steadily since the early 1980s. The overall assessment of borrowers is clearly positive. A majority of survey respondents say that the Bank's performance is solid, has improved in the past five years, and surpasses the performance of other multilateral development banks (MDBs). While the Bank's performance in better than of other MDBs, it is lagging behind them in critical areas, such as, responsiveness to and focus on borrowers, and the timeliness of response.
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