This paper investigates the impact of World Bank development policy operations on the quality of economic policy during the period 1998-2015. A new theoretical framework distinguishes among three effects that have been conflated hitherto: (a) marginal impacts of additional policy actions within the current year; (b) length of the policy engagement with client countries, and (c) changes over time in the marginal impact of policy actions. The analysis...
انظر المزيد
تفاصيل
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2018/11/13
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ورقة عمل خاصة ببحوث السياسات
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WPS8645
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1
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1
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2018/11/13
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Disclosed
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Is It the Journey That Matters ? A Fresh Look at the Impact of World Bank Policy Lending
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Development Policy Financing