Development Results in Middle-Income Countries
Source: World Bank
The World Bank’s support in fostering growth and reducing poverty has contributed to the considerable economic success of MIC countries. But to produce greater development benefits, it has to become more agile and draw upon MICs’ own capacity much more systematically, connecting such capabilities to help low-income countries and to tackle global challenges. The Bank’s work has to more clearly demonstrate best practice to deliver impact beyond its limited direct role.