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Transition from IBRD-IDA Blend to IBRD-only: Issues ... - Ravi Kanbur

Transition from IBRD-IDA Blend to IBRD-only: Issues ... - Ravi Kanbur

Transition from IBRD-IDA Blend to IBRD-only: Issues ... - Ravi Kanbur

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WB and MICs (15)<br />

• So, for the China model, and <strong>to</strong> some extent the Mexico<br />

model, the question arises, where should the Bank’s<br />

resources be targeted?<br />

• For a country, the answer is clearly: engage the Bank in<br />

those locations/sec<strong>to</strong>rs/activities/ where the Bank’s<br />

contribution relative <strong>to</strong> the best alternative is greatest.<br />

• This is of course country specific, but on an a priori basis I<br />

want <strong>to</strong> advance the hypothesis that it is in lagging<br />

regions/social sec<strong>to</strong>rs/ground level activities supporting the<br />

poorest that MICs do not have alternative sources of<br />

finance and technical support. Environmental issues are<br />

another example of such a class of activities.

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