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Although water variability has already been observed across river basins, climate change is predicted to increase variability. Such environmental changes may aggravate political tensions, especially in regions that are not equipped with an appropriate institutional apparatus. Increased...
Persistent link: https://www.econbiz.de/10012966022
This paper focuses on the institutional arrangements needed for facilitating regional electricity cooperation. The paper begins by discussing the theory of international trade cooperation in electricity, with a view to discussing what preconditions might be important in facilitating wide area...
Persistent link: https://www.econbiz.de/10012973054
The free flow of data across borders underpins today's globalized economy. But the flow of personal data outside the jurisdiction of national regulators also raises concerns about the protection of privacy. Addressing these legitimate concerns without undermining international integration is a...
Persistent link: https://www.econbiz.de/10012919808
This paper complements previous work on the economics of different energy resources by examining the growth potential of alternative electricity supply infrastructures as constrained by innate physical limits. Coal-fired generation meets the criteria of longevity (abundance of energy source) and...
Persistent link: https://www.econbiz.de/10012976199
This paper reviews the challenges and opportunities raised by international trade for developing countries considering a green growth strategy. A key concern is the effect of environmental policies on international competitiveness. For production-generated pollution, there is evidence that...
Persistent link: https://www.econbiz.de/10012974890
The paper investigates the effects of short-term political motivations on the effectiveness of foreign aid. Specifically, the paper tests whether the effect of aid on economic growth is reduced by the share of years a country served on the United Nations Security Council (UNSC) in the period the...
Persistent link: https://www.econbiz.de/10012968630
donor countries. Using a sample of World Bank trust funds, the paper examines the participation decisions of Organisation …
Persistent link: https://www.econbiz.de/10012970836
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 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
Aid is expected to promote better living standards by raising investment and growth. But aid may also affect institutions directly. In theory, these effects may or may not work in the same direction as those on investment. The authors examine the effect of aid on economic institutions and find...
Persistent link: https://www.econbiz.de/10012747998