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development. This paper looks at what the cross-country aid effectiveness literature and World Bank Operations Evaluation … effective aid allocation. Given the multiple potential objectives for aid, there is no one right answer. However, it appears …
Persistent link: https://www.econbiz.de/10012747979
This paper examines whether domestic output growth helps attract capital inflows and, in turn, capital inflows help boost output growth in a set of 38 Sub-Saharan African countries. Using a two-step approach to address reverse causality and omitted variable issues, the paper finds that output...
Persistent link: https://www.econbiz.de/10012971630
The literature on aid and growth has not found a convincing instrumental variable to identify the causal effects of aid. This paper exploits an instrumental variable based on the fact that since 1987, eligibility for aid from the International Development Association (IDA) has been based partly...
Persistent link: https://www.econbiz.de/10012973243
This paper adds to aid volatility literature in three ways: First it tests the validity of the aid volatility and growth relationship from various aspects: across different time horizons, by sources of aid, and by aid volatility interactions with country characteristics. Second, it investigates...
Persistent link: https://www.econbiz.de/10012976695
The adoption of the shared prosperity goal by the World Bank in 2013 and Sustainable Development Goal 10, on inequality …-country allocation patterns among the projects of development institutions. This paper proposes a new geographic targeting indicator and … countries with the geographical distribution of the bottom 40. Applying this methodology to World Bank funding for projects …
Persistent link: https://www.econbiz.de/10012943104
Interventions designed to support small and medium enterprises are popular among policy makers, given the role small and medium enterprises play in job creation around the world. Business support interventions in low- and middle-income countries are often based on the assumption that market...
Persistent link: https://www.econbiz.de/10012969267
This paper provides a synthetic and systematic review on the effectiveness of various entrepreneurship programs in developing countries. It adopts a meta-regression analysis using 37 impact evaluation studies that were in the public domain by March 2012, and draws out several lessons on the...
Persistent link: https://www.econbiz.de/10012974491
This paper proposes a quantitative model of firm dynamics with endogenous innovation to study growth acceleration episodes triggered by reforms. The authors find that reforms removing barriers to firm entry lead to persistent growth in TFP and declining average firm size, as in the experience of...
Persistent link: https://www.econbiz.de/10012898365
The reallocation of resources from low- to high-productivity firms can generate large aggregate productivity gains. The paper uses data from the Malaysian manufacturing census to measure the country's hypothetical productivity gains when moving toward the level of within-sector allocative...
Persistent link: https://www.econbiz.de/10012924382
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