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This study uses loan-level data on syndicated lending to a large sample of developing countries between 1993 and 2017 to estimate the mobilization effects of multilateral development banks (MDBs), that is, their ability to crowd-in capital from private creditors. Controlling for a large set of...
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This paper investigates the impact of World Bank development policy operations on the quality of economic policy during …
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This study investigates the World Bank's use of lending and non-lending instruments to affect the policy priorities of … developing countries. In a typical year, the World Bank lends more than USD 30 billion to its client countries. It also spends … countries has made it difficult for policymakers and scholars to understand which World Bank instruments are most useful for …
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What major insights have emerged from development economics in the past decade, and how do they matter for the World … Bank? This challenging question was recently posed by World Bank Group President David Malpass to the staff of the …
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