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- W2132373004 abstract "This report reviews the World Banks use of its development policy lending instrument over the past three years. This is the third development policy lending retrospective since the operational policy was introduced in August 2004. It covers all 221 Development Policy Operations (DPOs) approved by the Board in the last three years-since the end of the last retrospective and through the third quarter of FY12.2 The objective of this exercise is to take stock of, and distill lessons from, the Banks experience with the use of DPOs. In particular, it aims to assess: 1) the extent to which DPOs have contributed to country results; 2) the management of risks associated with DPOs and how opportunities were balanced against risks; and 3) the effectiveness of the reforms that have been introduced to the governing operational policy as well as to practices. DPOs have continued to be selective in their use of conditionality, supporting government-owned programs, and focusing on critical prior actions. Overall, there is room to improve the clarity, consistency and rigor with which risks are assessed in DPOs." @default.
- W2132373004 created "2016-06-24" @default.
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- W2132373004 date "2012-10-31" @default.
- W2132373004 modified "2023-09-27" @default.
- W2132373004 title "2012 Development policy lending retrospective : results, risks, and reforms" @default.
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