Pipeline Volatility: Lessons from the Operational Program Report (OPR)
Date issued
July 2019
Subject
Program Management;
Program Evaluation;
International Cooperation;
Investment Project
JEL code
F53 - International Agreements and Observance • International Organizations;
O19 - International Linkages to Development • Role of International Organizations;
O22 - Project Analysis
Category
Technical Notes
The study finds that variability in the approval rate of IDB-funded investment projects depends more on specific project characteristics than on macroeconomic conditions faced by countries or errors in forecasts of economic growth and fiscal deficits.