IDB’s Ninth General Capital Increase: Implementation and Results
In 2010 the IDB’s Board of Governors approved the 9th General Capital Increase (IDB-9), adding $70 billion in paid-in and callable capital to IDB’s existing $100 billion capital base. Governors tied the capital increase to a series of Bank reforms, further detailed in the “Report on the Ninth General Increase in the Resources of the Inter-American Development Bank” (“IDB-9 Agreement”). This evaluation reviews IDB’s implementation of the IDB-9 mandates and results to date. It follows the themes of OVE’s 2013 midterm evaluation (also mandated under IDB-9) and focuses more centrally on “the big picture” – to what extent IDB-9 mandates have been implemented, what has been achieved, and what challenges remain going forward.