This paper investigates the effectiveness of post-conflict aid at the project level and aims to identify post-conflict situations as a window of opportunity for project success. The Independent Evaluation Group dataset provides extensive information on the characteristics of World Bank projects...

One of the major difficulties in doing cost-benefit analysis of a development project is to estimate the total economic value of project benefits, which are usually multi-dimensional and include goods and services that are not traded in the market. Challenges also arise in aggregating the values...

A number of recent studies have empirically documented links between characteristics of World Bank projects and their ultimate outcomes as evaluated by the World Bank's Independent Evaluation Group. This paper explores the in-sample and out-of-sample predictive performance of empirical models...