This paper analyzes the effectiveness of public credit lines in promoting the performances of Brazilian firms. We focus on the impact of the credit lines managed by BNDES and FINEP in fostering growth measured in terms of employment, labor productivity and export. For this purpose, we use a...

Government-owned development banks have often been justified by the need to respond to financial market imperfections that hinder the establishment and growth of promising businesses, and as a result, stifle economic development more generally. However, evidence on the effectiveness of these...

This paper presents the evaluation of the Enterprise Restructuring Support Program in Argentina. The aim of the program was to increase the competitiveness of small and medium-sized enterprises by cofinancing technical assistance that can be classified as either support for process innovation or...

The Opportunities for the Majority Initiative (OMJ) was originally set up for three years as a time-bound pilot initiative. The OMJ team has worked diligently to test the Base of the Pyramid model and develop the OMJ portfolio, and from that standpoint the initiative has been successful....

This evaluation reviews the relevance, efficiency and effectiveness of the IDB's Program with Ecuador for 2007-2011. The period was characterized by an important political and institutional shift in Ecuador, embodied in the new Constitution of September 2008. Working within the framework...

The objectives of the evaluation are to assess Opportunities for the Majority (OMJ)'s relevance vis-à-vis its mandate, its effectiveness in achieving development goals, its efficiency in delivering products, and the sustainability of both projects and the "business model" supported by the...

This background paper assesses the actions of the Inter-American Development Bank (IDB, or Bank) related to private sector development (PSD) that were mandated under the Ninth General Capital Increase in Resources (IDB-9). It finds that Management has taken the necessary formal steps to address...

The evaluation of the effectiveness of SME-oriented projects has gained particular relevance in recent years, as they have been used as an instrument to help achieve IDB's strategic goals, defined by the IDB's Ninth General Capital Increase (IDB-9) mandate, such as poverty reduction and...