The article criticizes the World Bank as overy optimistic concerning its ability to raise the effectiveness of aid by concentrating aid on countries with "good" policies. It is shown that aid flows to the main recipient regions yielded the highest correlation to growth when their magnitudes...

This paper criticises the World Bank as overly optimistic with respect to its ability to fine-tune development aid and to focus it on countries with 'good' policies rather than on countries with 'poor' policies in order to raise its effectiveness. It is shown that recipient regions showed very...

The article criticizes the World Bank as overy optimistic concerning its ability to raise the effectiveness of aid by concentrating aid on countries with ""good"" policies. It is shown that aid flows to the main recipient regions yielded the highest correlation to growth when their magnitudes...