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Shooting the messenger of good news : a critical look at the World Bank's success story of effective aid

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dc.creator Nunnenkamp, Peter
dc.date 2002
dc.date.accessioned 2013-10-16T06:26:21Z
dc.date.available 2013-10-16T06:26:21Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/2751
dc.identifier ppn:348213174
dc.identifier ppn:348213174
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/2751
dc.description In a report presented at the UN Conference on Financing for Development in March 2002, the World Bank claims that the effectiveness of its financial aid has improved substantially by targeting aid at poor developing countries pursuing sound economic policies. However, the World Bank's success story rests on an extremely weak foundation: First, the institution's contribution to financial rescue packages for some emerging markets, rather than poverty concerns and policy assessments, dominated the distribution of World Bank financing. Second, the picture portrayed in the report takes a bad turn if only two outliers with extremely high per capita aid (Cape Verde and Honduras) are excluded from the sample. Third, according to our regression results, the allocation of World Bank aid did not improve in the course of the 1990s.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 1103
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F35
dc.subject ddc:330
dc.subject financial aid
dc.subject World Bank
dc.subject International Development Association
dc.subject Entwicklungsfinanzierung
dc.subject Entwicklungshilfe
dc.subject Armutspolitik
dc.subject Wirtschaftspolitische Wirkungsanalyse
dc.subject Kritik
dc.subject Welt
dc.subject Entwicklungsländer
dc.title Shooting the messenger of good news : a critical look at the World Bank's success story of effective aid
dc.type doc-type:workingPaper


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