The authors assess the effect of economic instability on the success of projects funded by the World Bank using the outcome of the projects, which is a notation of their overall success determined by the Bank's Independent Evaluation Group. It has been argued in macroeconomic studies that aid effectiveness is higher in vulnerable countries because it dampens the negative effects of shocks. The authors show that this finding is not inconsistent with...
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INFORMATION
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2006/10/01
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Document de travail de recherche sur les politiques
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WPS4034
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1
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1
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2010/07/01
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Disclosed
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When instability increases the effectiveness of aid projects
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annual bank conference on development economics
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