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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.

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 The Bank has tailored its individual country strategies to be relevant

Bank support to MICs has been effective in promoting growth

MICs have made progress in moving beyond growth into poverty reduction

The Bank has paid significant attention to poverty in its country strategies

Progress on poverty has been helped by work in supporting poverty-focused interventions

Clients expressed some dissatisfaction on helping protect the poor during crisis

Less progress has been made on important issues beyond the growth agenda

Progress has been sketchy and deficient in some respects on other corporate priorities

Meeting environmental challenges in MICs has proven problematic

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Recommendations

The Bank should continue its engagement with MICs, but take steps to produce greater development effectiveness. This requires it to depart from business as usual and to reinvigorate its relationship with clients, incorporating these four main dimensions:

Draw on MIC capacity

Demonstrate best practices

Become more agile

Make the most of Bank cooperation