Country Program Evaluation: Chile (1995-2005)
This Country Program Evaluation (RE-320) covers two programming cycles encompassing the period from 1996 to 2000 to 2005. The evaluation has found that the country and the Bank have successfully worked together to achieve a program that has a high level of country ownership and one that has contributed to the Bank's cross-fertilization role amongst its clients. However, success was constrained by the Bank's business model of applying policies and procedures homogeneously amongst its clients. This feature rests uncomfortably with Chile's outlier status of most performance indicators: economic, political, social, poverty reduction, and access to private international capital markets amongst the Bank's clients. The paper is organized in different sections including: Background; Program Intent and Delivery; Efficiency of Program Output Delivery; Fiduciary, Execution and Low-evaluability Risks; Aid Effectiveness; Program's Outcomes: Development Effectiveness; Conclusions and Recommendations.