Role of Program-for-Results Financing System in Infrastructure Sector:Evidence from Egypt and Ethiopia

作     者：Ahmed M.Noureldin Doaa M.Salman Abdou 

作者机构：Housing Building National Research CenterCairoEgypt Department of EconomicsOctober University for Modern Sciences and ArtsGizaEgypt 

出 版 物：《Proceedings of Business and Economic Studies》 (商业经济研究（百图）)

年 卷 期：2018年第1卷第3期

页      面：1-16页

学科分类：0202[经济学-应用经济学] 02[经济学] 020205[经济学-产业经济学] 

主　　题：program for results foreign aid international financial institutions world bank resultsbasedaid disbursement-linked indicators 

摘      要：This study aims are two folds:First is to investigate the role of the World Bank funding through using a novel financing instrument called Program-for-Results(P for R)to strengthen the government programs and second is to assess the P for R programs adopted in countries focusing on the direct effects and the *** Bank currently has three integral financing options to offer client countries:Investment Project Financing supports specific projects and disburses against specific expenditures and transactions,Development Policy Lending supports policy and institutional reforms and provides general budget support,and P for R Financing supports government programs and disburses against *** for the P for R reflect on the new level because disbursements are directly linked to the achievement of measurable and verifiable *** well,the Disbursement-Linked Indicators(DLIs)are used to provide governments with incentives to achieve critical program milestones and enhance the performance of *** study structured based on descriptive and observed the behavior of two countries’government(Egypt and Ethiopia)for using P for R financing loan in a national *** the ground,the field of practices was the main indicator in this stage of the investigation,then one of the P for R programs was compared to observe the effectiveness of this kind of financing system in these two countries specifically in the infrastructure sector,and classifications of DLIs were the main parameter in this *** outcome and the existing literature are analyzed to develop a multibeneficial for country adopting P for R collaborative programs,as they should be applied to mitigate the same challenges and solve the institutional complications for the beneficial countries ***,enhance the profit generated from this kind of program targeting via sustainable management tools.