Approach Paper: Country Program Evaluation: Uruguay 2010-2015

As part of its 2015 annual work plan, the Office of Evaluation and Oversight (OVE) is preparing a country program evaluation (CPE) with Uruguay for the period 2010-2015. This approach paper defines the scope of the evaluation. This CPE is the third occasion on which OVE has evaluated the Bank's country program with Uruguay. The previous evaluations covered the periods 1991-2004 (document RE-312) and 2005-2009 (document RE-389). This CPE seeks to analyze the Bank's relationship with the country, taking an independent view and assessing in particular the program¿s relevance and effectiveness, including both financial and nonfinancial products offered by the Bank during the period under analysis. The evaluation will place special emphasis on analyzing the Bank's business model and its implications in an upper-middle-income country like Uruguay, in a context of higher economic growth and greater access to international markets. This evaluation is intended as an input for the new country strategy document that the Bank is preparing.