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Bridging the external financing gap has been an important factor in borrowing cgovernment's demand for World Bank loans …
Persistent link: https://www.econbiz.de/10012971043
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
unique to many low-income countries: (1) borrowing from the World Bank finances a substantial fraction of public spending …, and (2) actual spending on World Bank-financed projects is typically spread out over several years following the original … approval of the project. These two features imply that fluctuations in spending on World Bank projects in a given year are in …
Persistent link: https://www.econbiz.de/10012976252
Reaping the full benefit of adjustment packages depends on a government's commitment to reform as well as a variety of complementary factors, many of which have not been duly considered because of the lack of time, resources, and skills. It is becoming increasingly clear that if these packages...
Persistent link: https://www.econbiz.de/10012967944
relevant for emerging markets as they integrate financially with the rest of the world. This paper argues that, because of the …
Persistent link: https://www.econbiz.de/10013068213
This paper uses simple analytical models to study high-income donor countries' willingness to pay to supply mitigation finance to low-income countries; how this depends on modality for finance supply; and how it changes as the global greenhouse gas mitigation agenda moves forward. The paper...
Persistent link: https://www.econbiz.de/10012833615
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
Although emerging market and developing economies (EMDEs) weathered the global recession a decade ago relatively well, they now appear less well placed to cope with the substantial downside risks facing the global economy. In many EMDEs, the room for monetary and fiscal policies to respond to...
Persistent link: https://www.econbiz.de/10012841602
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
around the world. Youth are found to comprise a large share of all migrants, particularly in migration to other developing … particular, developing country youth tend to work in similar occupations all around the world, and are more concentrated in these …
Persistent link: https://www.econbiz.de/10012778277