CIIP Delivers Second Annual Report
"The recent global economic trends and resulting reduction in commodity prices upon which most of our client countries rely, have increased the demand and interest in the Competitiveness Industries and Innovation Program. Our client countries, are keen to identify policy initiatives that will enhance their economic capabilities to ensure sustainable jobs and stable public revenues," Anabel Gonzalez, Senior Director, Trade and Competitiveness Global Practice, World Bank Group (foreword to the report).
The main challenge CIIP team faces at this stage, is its ability to report quantitative results 2 years into operations, when its resources are to leverage longer term projects over 4-6 years. At this stage, results of country operations are mostly focused on inputs and outputs, with the exception of two operations in Georgia and Macedonia. This situation will rapidly evolve as CIIP projects mature.