Showing 1 - 10 of 946
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
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
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 … countries has made it difficult for policymakers and scholars to understand which World Bank instruments are most useful for …
Persistent link: https://www.econbiz.de/10012835417
This paper examines the correlates of success of development policy lending operations of the World Bank between 2004 … the World Bank's Independent Evaluation Group. Departing from the related literature, the paper focuses mostly on … Policy" department of the World Bank, also increase the chance of success. Conversely, a weaker set of supported reforms in …
Persistent link: https://www.econbiz.de/10012972006
The Millennium Development Goals, which expire in 2015, were a global agreement to promote human development and reduce poverty. But they did not create a legalized institutional regime, in which precise obligations would be delegated to specific actors, nor were they, in many respects,...
Persistent link: https://www.econbiz.de/10012974794
This paper examines historically the World Bank's twin features: lending to developing economies to achieve tangible … large aid flows. Section 2 sketches the historical evolution of what characterizes the World Bank: lending to developing …
Persistent link: https://www.econbiz.de/10012974812
Over the past decade, donors of foreign aid quadrupled their annual contributions to trust funds at the World Bank … alignment of trust funds with the performance-based allocations of aid by the International Development Association, the World … and education aid are poverty selective and positively correlated with the World Bank's assessment of the quality of …
Persistent link: https://www.econbiz.de/10012968729
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 …
Persistent link: https://www.econbiz.de/10012842639
This paper uses a donor-provider-agent framework to study the role of provider incentives for the delivery of developmental goods like aid, credit, or technology transfer to the poor. The paper considers a situation where credible communication by the provider is the key to successful delivery....
Persistent link: https://www.econbiz.de/10012971491
The role of' first movers' in fragile states is critical: they grow and diversify markets in ways that no other firms do, generating disproportionate impact in terms of development and stability. But pioneer firms are rare in fragile states. This study documents their profile, their challenges,...
Persistent link: https://www.econbiz.de/10012889910