Author Description

IFC Results on the Ground No. 1. The International Finance Corporation (IFC), whose primary mission is to encourage economic development in its member countries by supporting the private sector, measures its development effectiveness through an annual project review. This report, the first in a series that examines the IFC's development impact, presents five case studies of projects carried out during 1995-96. The projects involved were chosen for their geographic diversity and because they represent a number of sectors in which the IFC has traditionally done business--banks in Africa and Latin America; an agribusiness project in Madagascar; a textile operation in Indonesia; and an infrastructure project in Argentina. Each of these studies illustrates in detail the various aspects of project contributions of projects to development and some of the residual problems that will be the subject of future work.