by Soniya Carvalho, John Heath, Marie Gaarder et al.
International Bank for Reconstruction and Development / The World Bank, July 2014
As the world’s leading development finance agency, the World Bank has, in principle, an unrivalled opportunity to promote learning and knowledge sharing about development effectiveness. Bank lending has fallen in relation to developing country gross domestic product. To remain relevant, the Bank must improve the quality of its services; learning and knowledge offer an important competitive edge. The challenge is to become better at learning from lending and feeding learning back into lending, responding more quickly to lessons from experience with both successful and failed efforts, and being more alert to the creation and use of cutting-edge knowledge.