IDEAS home Printed from https://ideas.repec.org/p/cgd/wpaper/562.html
   My bibliography  Save this paper

Measuring the Development Impact of the IFC and Development Finance

Author

Listed:
  • Charles Kenny

    (Center for Global Development)

  • George Yang

    (Center for Global Development)

Abstract

Development Finance Institutions (DFIs) including the International Finance Corporation (IFC) tend to look at their development impact using project-level indicators of outputs and employment impacts. Evaluation of the development impact of DFIs should try to estimate the difference between how the country and sector is with the DFI investment compared to how the country and sector would be absent the investment. Using a database of IFC and other investments and sector outcomes covering infrastructure and finance, we find the quantity of IFC investment was significantly associated with larger sums of future non-IFC private investment, but it is diffcult to find evidence of an impact on outcomes.

Suggested Citation

  • Charles Kenny & George Yang, 2020. "Measuring the Development Impact of the IFC and Development Finance," Working Papers 562, Center for Global Development.
    • Handle: RePEc:cgd:wpaper:562
    as

    Download full text from publisher

    File URL: https://www.cgdev.org/publication/measuring-development-impact-ifc-and-development-finance?utm_source=repec&utm_medium=referral&utm_campaign=repec
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    infrastructure; World Bank; International Finance Corporation;
    All these keywords.

    JEL classification:

    • F35 - International Economics - - International Finance - - - Foreign Aid
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cgd:wpaper:562. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Publications Manager (email available below). General contact details of provider: https://edirc.repec.org/data/cgdevus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.