‛Creating Markets’ to Leverage the Private Sector for Sustainable Development and Growth : An Evaluation of the World Bank Group’s Experience Through 16 Case Studies

Independent Evaluation Group

World Bank, Washington, DC

关键词: DEVELOPMENT EFFECTIVENESS;    WORLD BANK GROUP STRATEGY;    MARKET CREATION;    POVERTY;    SKILLS DEVELOPMENT;   

RP-ID  :  135553

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The international development communityacknowledges that the SDGs will not be achieved withoutgreater participation from the private sector. Estimates forinvestment needs in developing countries alone range from$3.3 trillion to $4.5 trillion per year. Up to 70 percent ofthe investment gap could come from the private sector,according to international estimates. Engaging the privatesector as a financier, operator, service provider, orinnovator in the pursuit of the SDGs requires efficientlyfunctioning and competitive markets and effectivegovernments. Such markets only emerge when there is asufficiently conducive enabling environment that not onlyaddresses market failures through policy reform but alsoimproving underperforming markets through demonstrationeffects, enhancing competition, innovation, integration andenhancing skills through investments and advisory services.This evaluation was designed to shed light on several keyaspects of the IFC’s creating markets agenda and experienceon the ground.Those key aspects include the following: (i)Identification of market creating opportunities; (ii)Channels through which IFC contributes to market creation;(iii) Results from IFC’s market creating interventions; and(iv) Success factors driving the Bank Group’s marketcreation results.