Approach Paper: Income Dynamics in LAC: How is IDB Adapting in Higher Middle Income Countries?
The main objective of the evaluation is to assess IDB's responsiveness and adaptability to the capacities and demands of countries with relatively higher income levels and sizeable middle classes. For the purposes of this evaluation, these countries are labeled as Higher Middle Income Countries (HMIC). The evaluation will focus on how well IDB has adapted to changing client needs in terms of its business model, financial instruments, and knowledge products. The evaluation will use a mixed methods approach. The analysis will draw on five building blocks, including (i) country case studies, (ii) a review of OVE CPEs, (iii) structured interviews with country stakeholders and IDB staff, (iv) thematic background notes, and (v) a comparative portfolio analysis.