| Description |
1 online resource (353 pages) |
| Series |
Independent Evaluation Group Studies |
|
Independent evaluation studies.
|
| Contents |
Cover; Title Page; Copyright; Table of Contents; Abbreviations; Acknowledgments; Foreword; Executive Summary; Management Response; Chairperson's Comments: Committee on Development Effectiveness (CODE); Chapter 1 -- Introduction; Chapter 2 -- The Global Crisis and Its Impact on Developing Countries; Chapter 3 -- The World Bank Group's Response; Chapter 4 -- Assessment of World Bank Response; Chapter 5 -- Lessons and Issues for the Future; Statistical Appendix; Endnotes; References; Photographs; Back Cover |
| Summary |
The World Bank Group has responded to the global economic crisis with a strong countercyclical expansion of financing. Its disbursements of 80 billion in the past two fiscal years were the largest among the Multilateral Development Banks. There was notable variation across the WBG, with vastly increased IBRD lending, moderately higher IDA financing, and overall responses from IFC and MIGA that were not counter-cyclical. The differences reflected the interplay of financial capacities, business models, and available instruments. While the level of financial flows is one aspect of crisis response |
| Bibliography |
Includes bibliographical references |
| Notes |
English |
|
Print version record |
| Subject |
Financial crises.
|
|
Global Financial Crisis, 2008-2009.
|
|
Financial crises
|
| Form |
Electronic book
|
| ISBN |
9780821386668 |
|
0821386662 |
|
1283066076 |
|
9781283066075 |
|
9786613066077 |
|
6613066079 |
|
