Showing 1 - 10 of 943
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 study investigates the impact of World Bank development policy lending on the quality of economic policy. It finds … using the World Bank's Country Policy and Institutional Assessments of macro, debt, fiscal and structural policies, and … previous studies based on earlier loans are consistent with claims by the World Bank that it has learned from its mistakes with …
Persistent link: https://www.econbiz.de/10012973107
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
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
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
Sovereign wealth funds represent a large and growing pool of savings. An increasing number of these funds are owned by natural resource?exporting countries and have a variety of objectives, including intergenerational equity and macroeconomic stabilization. Traditionally, these funds have...
Persistent link: https://www.econbiz.de/10012973511
This paper provides an overview of the history of development research at the World Bank and points to new future … development efforts, including external assistance. Fifth, a new multi-polar world requires a new multi-polar approach to …
Persistent link: https://www.econbiz.de/10012976352
The World Bank Group recently adopted the "cascade framework" to "maximize finance for development." The cascade …
Persistent link: https://www.econbiz.de/10012928891
ratings after controlling for changes in the world weighted average rating. When relative ratings in 2012 are compared with … the first half of 2008, the world average rating is found to be weaker because of the financial crisis. The relative …
Persistent link: https://www.econbiz.de/10012973906