[PDF.97yo] The World Bank Group's Response to the Global Economic Crisis (Independent Evaluation Group Studies)

The World Bank Group's Response to the Global Economic Crisis (Independent Evaluation Group Studies)

[PDF.lp22] The World Bank Group's Response to the Global Economic Crisis (Independent Evaluation Group Studies)

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 |  2011-03-15 |  2011-03-15 | File type: PDF

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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 financi...

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