IFAD’s Disbursement Performance: Trends and Drivers

Effective Rural Development: IFAD’s Evidence-Based Approach to Managing for Results, 2018

Posted: 9 Jan 2019

See all articles by Paul Winters

Paul Winters

International Fund for Agricultural Development (IFAD)

Tim Balint

University of Konstanz

Danielle Higgins

University of Connecticut - Department of Accounting

Paola Mallia

Independent

Silvana Scalzo

Independent

Date Written: 2018

Abstract

In the wake of the Addis Ababa Action Agenda’s call for unprecedented investments in achieving the Sustainable Development Goals, international financial institutions (IFIs) – such as the World Bank and the regional development banks – have been playing an increasingly important role in providing financial assistance to developing countries. Unlike budget support, which is nonearmarked and provided as a one-off payment, operations financed by IFIs are typically tied to the implementation of a particular programme or project for which funding is granted in tranches of disbursements. Accordingly, the success of IFI-financed operations, and their ability to have the intended development impact, depends on a rapid project start-up, and regular and timely disbursements of funding to recipient countries (Gohou and Soumaré, 2009; Sunjka and Jacob, 2013; Mishra, 2016). Although the observed disbursement performance is to a large extent a reflection of the recipient’s ability to implement the project, IFIs have a shared responsibility by supervising project implementation and releasing funds to the recipient when necessary and deemed appropriate.

Suggested Citation

Winters, Paul and Balint, Tim and Higgins, Danielle and Mallia, Paola and Scalzo, Silvana, IFAD’s Disbursement Performance: Trends and Drivers (2018). Effective Rural Development: IFAD’s Evidence-Based Approach to Managing for Results, 2018, Available at SSRN: https://ssrn.com/abstract=3307447

Paul Winters (Contact Author)

International Fund for Agricultural Development (IFAD) ( email )

Via Paolo di Dono
Rome, 00142
Italy

Tim Balint

University of Konstanz ( email )

Fach D-144
Universitätsstraße 10
Konstanz, D-78457
Germany

Danielle Higgins

University of Connecticut - Department of Accounting ( email )

School of Business
Storrs, CT 06269-1063
United States
860-486-5987 (Phone)

Paola Mallia

Independent

Silvana Scalzo

Independent

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