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On the preferred creditor status of multilateral development banks

Amegashie, J. Atsu - 2023

The loans of the IMF, World Bank, and other multilateral development banks (MDBs) are excluded from debt restructuring …

Persistent link: https://www.econbiz.de/10014306766

Connective financing Chinese infrastructure projects and the diffusion of economic activity in developing countries

Bluhm, Richard; Dreher, Axel; Fuchs, Andreas; Parks, Bradley - 2020

This paper studies the causal effect of transport infrastructure on the spatial concentration of economic activity. Leveraging a new global dataset of geo-located Chinese government-financed projects over the period from 2000 to 2014 together with measures of spatial inequality based on...

Persistent link: https://www.econbiz.de/10012226698

The costs of favoritism : is politically-driven aid less effective?

Dreher, Axel; Klasen, Stephan; Vreeland, James Raymond; … - 2010

World Bank projects and generally find that projects that are potentially politically motivated - such as those granted to … governments holding a non-permanent seat on the United Nations Security Council or an Executive Directorship at the World Bank … Council members with higher short-term debt, however, a negative quality rating is more likely. So we find evidence that World …

Persistent link: https://www.econbiz.de/10003948233

Institutional architecture for financing Pan-Asian infrastructure connectivity

Bhattacharyay, Biswanath; Bhattacharyay, Madhurima - 2017

Asia, particularly its major economies has witnessed slower growth in recent years. To make Asia more economically sustainable and resilient against external shocks to recover from the falling growth, most regional economies need to rebalance their export-oriented (mostly to advanced economies)...

Persistent link: https://www.econbiz.de/10011638303

Debt relief and good governance : new evidence

Freytag, Andreas; Pettersson, Jonatan; Schmied, Julian - 2017

Initiative (MDRI), the World Bank has refrained from this policy, and that debt relief decisions are rather politically driven …

Persistent link: https://www.econbiz.de/10011611187

Donor ideology and types of foreign aid

Brech, Viktor; Potrafke, Niklas - 2013

We examine how donor government ideology influences the composition of foreign aid flows. We use data for 23 OECD countries over the period 1960]2009 and distinguish between multilateral and bilateral aid, grants and loans, recipient characteristics such as income and political institutions,...

Persistent link: https://www.econbiz.de/10009764976

The political economy of multilateral aid funds

Simon, Jenny; Valasek, Justin - 2016

In 2014 over $60 billion was mobilized to help developing nations mitigate climate change, an amount equivalent to the GDP of Kenya. Interestingly, breaking from the traditional model of bilateral aid, donor countries distributed nearly fifty percent of their aid through multilateral aid funds...

Persistent link: https://www.econbiz.de/10011452801