World Bank Group
Support to PublicPrivate Partnerships
FY02-12
Lessons from an IEG Evaluation
of World Bank Group Experience
World Bank Group Launch
July 14, 2014
Stefan Apfalter
Senior Evaluation Officer, IEG
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Can the WBG’s $1.9 billion really make a
difference?
IEG evaluated 134 countries
on 811 PPP interventions
through the entire PPP cycle
over the period FY02-12
Title of Presentation
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What works
• More strategic country
approach
• Address political
economy factors
• Shift IFC investments
• Better M&E
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More
Strategic
Country
Approach
Advise Governments on
If and How
Comprehensive diagnostics
 Readiness of sector
 Public sector capacity
 Fiscal implications
 Integrated in NIPs
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PPP diagnostics
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Government committed
Space for PPPs
Civil society engaged
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Sector regulations
PPP policy
Capable institutions
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Capital markets
Continent liabilities
Pipeline of bankable PPPs
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Target the right countries
• WB and IFC AS reaches
nascent countries
• MIGA support nascent
and emerging countries
• IFC IS too often in
developed countries
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WB in nascent countries
SIGNIFICANT
OVER WEIGHTING
OF NASCENT
COUNTRIES
% = relative share of accumulated GDP
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Addressing
Political
Economy
Factors
Engaging with stakeholders
 Sector reform is foundation of success,
but 45 % of WB efforts fail
 Government commitment required
Start with low hanging fruit
Broad and early
engagement
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Commitment for PPP structuring
• 50 % of IFC AS‘ PPP structuring mandates did not
materialize due to lack of government commitment
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Shift IFC
Investments
Overemphasizing mature countries
OVER WEIGHTING OF
DEVELOPED
COUNTRIES
% = PPP market in these countries
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Increasing development footprint
• IFC can increase its
additionality by investing
more in less mature
countries
• Development outcome
ratings unchanged
• Set early demonstration
effect
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MIGA is more pioneering
EFFECTIVELY
TARGETS
EMERGING AND
NASCENT
COUNTRIES
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Better M&E
PPP’s effect on the poor unknown
NO Data
Data
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Moving Forward
More
strategic
advice
Improved
stakeholder
consultation
PPP
CCSA
Shift IFC
investments
Improve M&E
and steer PPP
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Thank you!