Smets, Lodewijk; Knack, Stephen; Molenaers, Nadia - In: The Review of International Organizations 8 (2013) 4, pp. 447-476
This study investigates how government ideology matters for the success of World Bank economic policy loans, which typically support market-liberalizing reforms. A simple model predicts that World Bank staff will invest more effort in designing an economic policy loan when faced with a left-wing...