Showing 1 - 10 of 33
Aid is good for the poor. This paper uses detailed aid data spanning 60 developing countries over the past two decades to show that social aid significantly and directly benefits the poorest in society, while economic aid increases the income of the poor through growth. This new and unequivocal...
Persistent link: https://www.econbiz.de/10012972919
The adoption of the shared prosperity goal by the World Bank in 2013 and Sustainable Development Goal 10, on inequality, by the United Nations in 2015 should strengthen the focus of development interventions and cooperation on the income growth of the bottom 40 percent of the income distribution...
Persistent link: https://www.econbiz.de/10012943104
Despite record economic growth for more than a decade, poverty has remained stubbornly high in Afghanistan, especially … the positive impact of aid and troops. According to the estimates, Afghan troops contributed more to poverty reduction …
Persistent link: https://www.econbiz.de/10012967496
incidence analysis suggests that increased spending on social assistance enhances the probability of moving out of poverty and … reduces the probability of moving into poverty. However, double difference estimates (based on a mimicked randomized … household welfare or reduce poverty. Double difference estimates point to a negative impact on welfare. Parametric estimates do …
Persistent link: https://www.econbiz.de/10014216917
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 $30 billion to its client countries. It also spends approximately $200 million on the provision of...
Persistent link: https://www.econbiz.de/10012835417
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...
Persistent link: https://www.econbiz.de/10012840715
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/10012841192
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/10012865492
This paper argues for a novel approach to financing infrastructure needs in Arab countries. It first describes the context of rising public debt in the region, contrasting it with the vast infrastructure needs. It then discusses the challenges in meeting these needs with traditional financing....
Persistent link: https://www.econbiz.de/10012869701
of both policy and poverty?emerges endogenously and is credible, as it is the solution to ML?s optimization problem … its recipient countries and is much more policy and poverty selective than bilateral aid. Donors view it as a public good …
Persistent link: https://www.econbiz.de/10012970782