Wow! eBook
The World Bank Group Guarantee Instruments, 1990-2007: An Independent Evaluation
Author(s): World Bank (Author)
- Publisher: World Bank Publications
- Publication Date: April 21, 2009
- Language: English
- Print length: 152 pages
- ISBN-10: 0821376799
- ISBN-13: 9780821376799
Book Description
Foreign direct investment and private capital flows are highly concentrated geographically, with almost half of them reaching five top destinations. These flows tend to evade many high-risk countries. Regulatory and contractual risks, particularly in infrastructure, have inhibited investments in many parts of the developing world. A core objective of the World Bank Group (WBG) has been to support the flow of private investment for development; guarantees and insurance have been among the instruments that the WBG has used to pursue this objective. This study examines three main questions: • Should the WBG be in the guarantee business? • Have guarantee instruments in the three WBG institutions been used to their potential as reflected in WBG expectations and perceived demand? • Is the WBG appropriately organized to deliver its range of guarantee products in an effective and efficient manner?
