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This paper examines the correlates of success of development policy lending operations of the World Bank between 2004 and 2012. The paper uses a data set constructed of individual loan characteristics and ex-post loan ratings produced by the World Bank's Independent Evaluation Group. Departing...
Persistent link: https://www.econbiz.de/10012972006
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
poverty. But they did not create a legalized institutional regime, in which precise obligations would be delegated to specific … the causes and remedies of global poverty. Their formulation and implementation should also draw on national institutions …
Persistent link: https://www.econbiz.de/10012974794
This paper examines historically the World Bank's twin features: lending to developing economies to achieve tangible results and advocating specific development policies. Section 1 provides some conceptual underpinnings for the view that an effective state is essential for development. It asks...
Persistent link: https://www.econbiz.de/10012974812
indicators, including social welfare, poverty, inequality, and mobility, and reviews some of its design shortcomings. The paper …
Persistent link: https://www.econbiz.de/10012918450
The paper presents a major overhaul to the World Bank's past estimates of global poverty, incorporating new and better … data. Extreme poverty-as judged by what quot;povertyquot; means in the world's poorest countries-is found to be more … pervasive than we thought. Yet the data also provide robust evidence of continually declining poverty incidence and depth since …
Persistent link: https://www.econbiz.de/10012746763
. Further, there is now a consensus on adopting more ambitious goals on poverty reduction. Defining social protection as a … collection of programs that address risk, vulnerability, inequality and poverty through a system of transfers in cash or in kind …: Indicators of Resilience and Equity (ASPIRE) data set. Focusing on the goal of ending poverty, the paper estimates that social …
Persistent link: https://www.econbiz.de/10012974289
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 Development Research Group. This paper assembles a set of 13...
Persistent link: https://www.econbiz.de/10012842639
This paper provides an historical overview of both the evolution of the economic performance of the developing world and the evolution of economic thought on development policy. The 20th century was broadly characterized by divergence between high-income countries and the developing world, with...
Persistent link: https://www.econbiz.de/10012975285
that the cross-country allocations of aggregate trust fund aid are poverty- and policy-selective. In this respect, they are … and education aid are poverty selective and positively correlated with the World Bank's assessment of the quality of … countries'sector policies, while environmental trust funds are neither poverty selective nor correlated with the assessed …
Persistent link: https://www.econbiz.de/10012968729