Project evaluation is one of crucial step where the decision makers should decide which one of the project produce more benefit and increase effectiveness or more efficiency within constraint of investment budget. The project objective is creating additional outcome where the project led...

This paper evaluates the effect of development project aid from the World Bank and China on firms' sales growth, using a large dataset of 110864 firms spanning 121 countries between 2001 and 2016. We find that, contrary to the World Bank, Chinese ODA projects increase, on average, firm sales...