In a similar vein, the Evolution agenda should trigger a better use of Trust Funds (TF) and Financial Intermediary Funds (FIF). With its thorough knowledge of FIFs, the WBG can help donors identify ways to better leverage their financial resources within each institution. We are confident that all of these actions will allow significant expansion of lending capacity, to better respond to development needs.
However, the gap between Japan and other advanced countries in the depth of a dip on the M-shape is dissipating in recent years (Chart 9). The second effect comes from the gap between the per capita growth rate and the growth rate per working-age population. The economic growth model by Solow supposes that a nation’s population coincides with that nation’s labor force.