Showing 1 - 10 of 934
Output-Based Aid (OBA) and other results-based financing mechanisms are gaining popularity in the development context for many reasons, in particular, the desire to link scarce public funding with actual results on the ground. But withholding disbursements until the delivery of 'results' or...
Persistent link: https://www.econbiz.de/10012247219
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 approximately USD 200 million on the provision of...
Persistent link: https://www.econbiz.de/10012240734
This paper shows that the increased policy-selectivity of aid allocations observed in recent years provides recipient countries an incentive to improve policies. The paper estimates that a change in the World Banks Country Policy and Institutional Assessment policy index from 1.5 to 2 for a...
Persistent link: https://www.econbiz.de/10012051940
This paper investigates the impact of World Bank development policy operations on the quality of economic policy during the period 1998-2015. A new theoretical framework distinguishes among three effects that have been conflated hitherto: (a) marginal impacts of additional policy actions within...
Persistent link: https://www.econbiz.de/10012002353
This paper examines the correlates of success of development policy lending operations of the World Bank between 2004 and 2012. The paper uses a data set constructed of individual loan characteristics and ex-post loan ratings produced by the World Bank's Independent Evaluation Group. Departing...
Persistent link: https://www.econbiz.de/10012246422
This paper studies the question of whether exchange rate policy affects the impact of remittances on economic growth in … regime classification, whereas the data for remittances and all other variables are from the World Bank's World Development … economic growth following an increase in remittances, but also that the impact of remittances on growth is positive under a …
Persistent link: https://www.econbiz.de/10012246514
Export responses to real exchange rate (RER) depreciations in Pakistan are lower than those to appreciations. This …
Persistent link: https://www.econbiz.de/10012297504
Do elites capture foreign aid? This paper documents that aid disbursements to highly aid-dependent countries coincide with sharp increases in bank deposits in offshore financial centers known for bank secrecy and private wealth management, but not in other financial centers. The estimates are...
Persistent link: https://www.econbiz.de/10012229106
Despite record economic growth for more than a decade, poverty has remained stubbornly high in Afghanistan, especially in the regions that suffered less from conflict. This paper aims to explain this paradox by combining a model of conflict intensity at the province level over period 2007-14...
Persistent link: https://www.econbiz.de/10012245568
Vouchers stimulate demand for health care services by giving beneficiaries purchasing power. In turn, health facilities' claims are reimbursed for providing beneficiaries with improved quality of health care. Efficient strategies to generate demand from new, often poor, users and supply in the...
Persistent link: https://www.econbiz.de/10012245848