This evaluation assesses the World Bank Group's record on implementation of the shared prosperity goal since 2013 using the official definition of the goal of fostering income growth of the bottom 40 percent. It also analyzes institutional requirements for effective implementation of the goal,...

The World Bank Group's twin goals have redefined the rationale for engagement across all sectors. Although the World Bank Group has never had an explicit strategy for higher education, institutional- and regional-level strategies and knowledge work anchor the World Bank's engagement in...

The mobilization of domestic resources through reforms in taxation is essential to ensuring sustainable financing of development. The World Bank Group is engaged in several international initiatives that focus attention on constraints to growth, particularly in low-income economies, where...

The World Bank Group is currently engaged in reflection and debate on how to improve the delivery of development support. Part of this debate concerns strengthening the knowledge agenda. The findings of this evaluation are particularly relevant because they speak directly to questions that the...

This evaluation assesses the World Bank Group's contributions towards capital market development in client countries. It examines the activities the Bank Group has in all segments of capital market development, both in the public and private sectors, including interventions across 64 countries....

The report discusses how challenging it is for the World Bank Group to provide assistance when middle-income countries experience situations of fragility, conflict, and violence. The government may have its own views on how and when to tackle the underlying issues, or may be reluctant to...

Transformational engagements are a critical pillar of the World Bank Group's strategy for achieving its twin goals of extreme poverty elimination and shared prosperity. This learning product uses evaluative evidence from the Independent Evaluation Group (IEG) to understand the mechanisms and...

Improved outcomes for women and children - more education, lower fertility rates, higher nutritional status, and lower incidence of illness, among other outcomes - have broad individual, family, and societal benefits. For nearly 15 years, the targets of the millennium development goals (MDGs)...

A substantial amount of aid to developing countries is given to the government, or goes through the budget, meaning it should have an impact on government fiscal behaviour (particularly on government spending). The few existing cross-country empirical studies on the effects of aid on government...