This paper presents empirical evidence on the cyclicality of investments made by the International Finance Corporation over the past 20 years and explores their implications for the International Finance Corporation’s investment strategy in the aftermath of the COVID-19 pandemic. An Independent Evaluation Group report on World Bank Group operations during the global financial crisis found that the International Finance Corporation’s role was “neutral...
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INFORMATION
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2021/07/29
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Document de travail de recherche sur les politiques
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WPS9746
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1
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1
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2021/07/29
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Disclosed
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The Cyclicality of IFC Investments : To Be, or Not to Be, Procyclical
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business cycle
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