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trauma, pre-existing social capital, diversity, and aid delivery, the papers focuses on the effects of democratization. The …
Persistent link: https://www.econbiz.de/10012971023
development, including the causes and consequences of democratization and clientelism. This essay uses two lines of research to …
Persistent link: https://www.econbiz.de/10012974055
Credit rating agencies have drawn criticism for failing to anticipate and deter root causes of the 2008-2009 financial crisis in the United States. However, this paper presents evidence that credit rating agencies regularly anticipate and deter governments in emerging democracies from...
Persistent link: https://www.econbiz.de/10012974574
Despite the growing body of literature examining the effectiveness of transparency and accountability initiatives, there remains limited substantiation for whether and how open budgeting contributes to reductions in poverty and improvements in the lives of the poor. This paper reviews available...
Persistent link: https://www.econbiz.de/10012972978
This paper examines the potential role of civil society action in increasing state accountability for development in … relationships, to emphasize the underlying political economy drivers of accountability and implications for how civil society is … political relations between citizens, civil society, and state leadership. The evidence broadly suggests that when higher …
Persistent link: https://www.econbiz.de/10012975876
pressures from civil society leaders can reform local governance in a context where neither of these mechanisms operates …, one in which only village heads were trained on the framework governing village leadership, and one in which civil society … leaders were trained alongside village heads. The results suggest that horizontal pressure from civil society leaders …
Persistent link: https://www.econbiz.de/10012965677
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
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
Do elites capture foreign aid? This paper documents that aid disbursements to highly aid-dependent countries coincide with sharp increases in bank deposits in offshore financial centers known for bank secrecy and private wealth management, but not in other financial centers. The estimates are...
Persistent link: https://www.econbiz.de/10012841192
This article documents a positive and sizable correlation between the location of historical Christian missions and the allocation of present-day World Bank aid at the grid-cell level in Africa. The correlation is robust to an extensive set of geographical and historical control variables that...
Persistent link: https://www.econbiz.de/10012841687