Showing 1 - 10 of 2,755
contracts while the World Bank (WB) employed unbundled contracts together with strengthened inspections. To measure impacts, we …
Persistent link: https://www.econbiz.de/10014226145
We apply this method to a World Bank development project in Kenya. Our evidence is consistent with higher levels of … validated by qualitative data and a forensic audit conducted by the World Bank. We produce simulations that demonstrate the …
Persistent link: https://www.econbiz.de/10013477260
This paper studies the impact of investor composition on the sovereign debt market and the implied funding costs to borrowers. We construct an aggregate data set of sovereign debt holdings by foreign and domestic bank, non-bank private, and official investors for 95 countries over twenty years....
Persistent link: https://www.econbiz.de/10013210115
in a country's strategic value to the U.S. from the interaction of its political alliance to the U.S. and membership on …
Persistent link: https://www.econbiz.de/10012462913
There is currently much debate about the effectiveness of foreign aid and about what kind of projects can engender economic development. There is skepticism about the ability of econometric analysis to resolve these issues, or of development agencies to learn from their own experience. In...
Persistent link: https://www.econbiz.de/10012463957
Why should multilateral lending exist in a world where private capital markets are well developed and governments have … their own bilateral aid programs? If lending by the World Bank, IMF, and regional development banks has an independent …
Persistent link: https://www.econbiz.de/10012473722
cyclical pattern. Over that cycle, world asset prices, leverage, and capital flows move in concert with global growth …
Persistent link: https://www.econbiz.de/10014247924
Are labor markets in higher-income countries more meritocratic, in the sense that worker-job matching is based on skills rather than idiosyncratic attributes unrelated to productivity? If so, why? And what are the aggregate consequences? Using internationally comparable data on worker skills and...
Persistent link: https://www.econbiz.de/10014528414
We examine aggregate productivity differences across nations using cross-country firm-level data and a quantitative model of production heterogeneity with distortions featuring operation decisions (selection) and productivity-enhancing investments (technology). Empirically, less developed...
Persistent link: https://www.econbiz.de/10014635713
I examine the hypothesis that membership in the World Trade Organization (WTO) and its predecessor the General …/WTO membership on the coefficient of variation in trade computed over 25-year samples, controlling for a number of factors. I also … use a comparable multilateral data set. There is little evidence that membership in the GATT/WTO has a significant …
Persistent link: https://www.econbiz.de/10012468487