The analysis of firm-level data collected through parallel international enterprise surveys can reveal important linkages between governance constraints and business growth and investment. The World Business Environment Survey (WBES), an initiative led by the World Bank Group in 1999 and 2000, collected enterprise data from more than 10,000 firms in 80 countries and one territory. Econometric analysis of responses to that survey points to a strong association between corruption, financing, regulatory and tax constraints, policy uncertainty, and protection of intellectual property rights with...

This book explores why The Global Environment Facility (GEF) invests in evaluation for accountability and learning to inform its decision making on programming priorities, and how this leads to wiser funding decisions and better program performance on the ground.