Summary

“Creating Markets has been part of the World Bank Group’s development agenda for at least the last 15 years. The 2002 World Bank Group’s Private Sector Development Strategy, for example, identified the ingredients for market creation, including sound rules, the expectation that such rules be adhered to, and physical access to markets. Because of IFC’s and the Bank Group’s long history supporting market creation in its client countries, the Independent Evaluation Group (IEG) has identified many lessons of experience in recent evaluations that are relevant to such efforts.

As the IFC implements its new corporate strategy, the rationale for this evaluation is to share those lessons of experience and add to them with findings from a set of purposefully selected case studies across sectors and countries at different stages of development.”