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Aid is good for the poor. This paper uses detailed aid data spanning 60 developing countries over the past two decades to show that social aid significantly and directly benefits the poorest in society, while economic aid increases the income of the poor through growth. This new and unequivocal...
Persistent link: https://www.econbiz.de/10012972919
The adoption of the shared prosperity goal by the World Bank in 2013 and Sustainable Development Goal 10, on inequality, by the United Nations in 2015 should strengthen the focus of development interventions and cooperation on the income growth of the bottom 40 percent of the income distribution...
Persistent link: https://www.econbiz.de/10012943104
incidence analysis suggests that increased spending on social assistance enhances the probability of moving out of poverty and … reduces the probability of moving into poverty. However, double difference estimates (based on a mimicked randomized … household welfare or reduce poverty. Double difference estimates point to a negative impact on welfare. Parametric estimates do …
Persistent link: https://www.econbiz.de/10014216917
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 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
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
Do service providers respond to pecuniary incentives to serve the poor? Service delivery to the poor is complicated by the extra effort required to deliver services to them and the intrinsic incentives of service providers to exert this effort. Incentive schemes typically fail to account for...
Persistent link: https://www.econbiz.de/10012906909
In 2013, the World Bank adopted two goals: First, reduce global extreme poverty to 3 percent by 2030. Second, promote … simulates the global poverty headcount under three growth scenarios for the bottom 40 percent up to 2030. The analysis deploys a … percentage points faster than the mean, the World Bank's poverty goal is achieved with the global poverty falling to below 3 …
Persistent link: https://www.econbiz.de/10012937674
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