Approach Paper: A Review of IDB Group's Non-Sovereign Guaranteed Problem Projects
Soriano, Alejandro; Michelitsch, Roland; Szwedzki, Roni; Oliveira, Patricia; Putic, Melanie
As part of the Office of Evaluation and Oversight’s 2017 work program, the Board asked OVE to review IDBG’s recent history of impaired projects, with an eye toward identifying lessons from past experience. These include the experiences and processes of the former Structured and Corporate Finance Department (SCF) and the Opportunities for the Majority Initiative (OMJ) in IDB and processes in the old IIC, as well as the ones now being adopted by the new IIC. The objective of the evaluation is to shed light on factors that might have affected the extent of NSG losses in IDB and IIC in the past, with an eye to gathering lessons that might be useful going forward.