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The total funding envelope for World Bank projects is often divided among various state and non-state actors, each of which can have competing ideas about or interests in the project. How does the division of financing relate to overall project effectiveness? I argue that too many funding...
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What explains persistent political corruption in many young democracies? Focusing on the effects of corruption on individual-level attitudes, we present two hypotheses for why citizens might be willing to cast ballots for corrupt politicians. On the one hand, voters may simply lack information...
Persistent link: https://www.econbiz.de/10013038695
In this article, I review the World Bank's response to the global financial crisis that began in the fall of 2008. I show that the World Bank significantly increased lending after the crisis began. The majority of this new lending went to middle-income countries rather than to the poorest...
Persistent link: https://www.econbiz.de/10013110898