The World Bank’s new Program for Results (PforR) instrument is only the third financing instrument approved since 1944.  The PforR portfolio is expanding rapidly and represents an appreciable part of “results-based” development finance.  This paper analyzes the first 3...

The World Bank’s new Program for Results (PforR) instrument is only the third instrument approved by its Board and the first to directly link disbursements to results.

To inform the Millennium Challenge Corporation’s review of its country selection process, the MCA Monitor has conducted a parallel review and offers five key recommendations.

This paper surveys the arguments for and against cash-transfer programs in resource-rich states, discusses some of the new biometric identification technologies, and reaches preliminary conclusions about their potentially very large benefits for developing countries.

This paper offers a proposal to improve performance-based allocation systems of International Development Association (IDA) donors and others to better address the needs of fragile states and better link development allocations with performance.