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World Bank Group Strategy

World Bank Group Strategy

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The World Bank Group will focus its financial and technical resources to ending extreme poverty and promoting shared prosperity in a sustainable manner, especially in fragile states, Sub-Saharan Africa, and South Asia. To this end, it is pulling its specialized agencies (IBRD, IDA, IFC, MIGA) to work more closely in all the areas of engagement, from data collection to socio-economic analysis, technical policy advice, lending, investment, risk mitigation, training and knowledge, as well as looking to strengthen partnerships worldwide, especially within the private sector.
Implementation of the Strategy will require organizational change and a new framework for medium-term financial sustainability to ensure that its resources are commensurate with the roles and responsibilities it carries out on behalf of the international community. Translated into action, the Strategy will reposition the World Bank Group to help transform the lives of the nearly 4 billion people still living in or at the edge of extreme poverty.
The World Bank Group will focus its financial and technical resources to ending extreme poverty and promoting shared prosperity in a sustainable manner, especially in fragile states, Sub-Saharan Africa, and South Asia. To this end, it is pulling its specialized agencies (IBRD, IDA, IFC, MIGA) to work more closely in all the areas of engagement, from data collection to socio-economic analysis, technical policy advice, lending, investment, risk mitigation, training and knowledge, as well as looking to strengthen partnerships worldwide, especially within the private sector.
Implementation of the Strategy will require organizational change and a new framework for medium-term financial sustainability to ensure that its resources are commensurate with the roles and responsibilities it carries out on behalf of the international community. Translated into action, the Strategy will reposition the World Bank Group to help transform the lives of the nearly 4 billion people still living in or at the edge of extreme poverty.

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Published by: World Bank Publications on Oct 09, 2013
Copyright:Attribution Non-commercial

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02/16/2014

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World Bank Group Strategy 
October 2013
 
WORLD BANK GROUP STRATEGY
iii
Executive Summary 1World Bank Group Strategy 51. Introduction 5
 A. The Development Agenda for Reducing Poverty and Sharing Prosperity 6 B. Focusing the WBG on the Goals 6
2. Global Context 8
 A. Shifts in the Global Economy 8 B. The Changing Face of Poverty and Prosperity 9 C. A Globally Connected World 10 D. The Challenge of Climate Change 11 E. Global Risks and Volatility 12
3. Repositioning the WBG 13
 A. WBG Value Proposition 13 B. WBG Strengths 13 C. Delivering on the Value Proposition 15
4. Meeting Development Challenges 17
 A. Development Challenges Countries Face 17 B. Responding to Country Demands 18 C. Supporting the Private Sector 19 D. Regional and Global Engagement 20
5. Becoming a “Solutions WBG”
 21
 A. Using Knowledge for Solutions 21 B. Achieving Results through the Science of Delivery 21 C. Seeking Transformational Engagements 23 D. Taking Smart Risks 23
6. Operationalizing the Goals at the Country Level
 25 
A. Improving the Focus of Country Programs 25
 
B. Strengthening WBG Regional Coordination 26
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