Well-governed countries is better ableto formulate growth-enhancing policies, deliver essentialservices to the poor, and regulate financial and productmarkets. The appeal of governance reform and the fightagainst corruption can resonate widely across diversecountries and social groups, as demonstrated by recentevents in the Middle East and North Africa. Building on morethan two decades of experience, the World Bank's 2007governance and anticorruption (GAC) strategy reaffirmed itscontinuing commitment to the crucial and challenging agendaof helping countries develop accountable and effectivestates. Focusing on the country operational aspects of theoverall GAC agenda, the Independent Evaluation Group (lEG)assessed the relevance and effectiveness of the strategy andits first phase of implementation efforts over fiscal years2008-10. A key feature of the evaluation is its benchmarkingof the content and quality of the Bank's country-levelengagement on GAC issues, before and after the 2007strategy. The findings of this evaluation are, by design,intended to inform a planned second phase of the GACimplementation, a learning process that signals one of theBank's strengths. They can be viewed in the context ofan ongoing change management and internal reforms agenda,which includes the strengthening of the Integrity VicePresidency, a new World Bank Institute strategy, aninstitution-wide transparency initiative, and efforts tomodernize investment lending.