A vast literature evaluates the effectiveness of development aid, often reaching sobering
conclusions. We argue that a key shortcoming of this literature is the focus on a narrow …

China is now the lender of first resort for much of the developing world, but Beijing has
fueled speculation among policymakers, scholars, and journalists by shrouding its grant …

Abstract Does the International Monetary Fund (IMF) increase inequality? To answer this
question, this article introduces a new empirical strategy for determining the effects of IMF …

In order to succeed in business, the key is to understand how different processes, practices,
rules, regulations, and institutions affect the way the firm is directed, administered, or …

Successful delivery of the United Nations Sustainable Development Goals (SDGs) is
dependent upon mobilising private sector finance. From a lending perspective, this requires …

Financing the Future explains how the unique governance arrangements and financial
model of Multilateral Development Banks (MDB) shape their behavior. Outlining a …

This article scrutinises the first four months of the World Bank Group's Covid-19 response
and reveals a persistent prioritisation of private over public interests. The Group's private …

The allocation of bureaucrats across tasks constitutes a pivotal instrument for achieving an
organisation's objectives. In this paper, I measure the performance of World Bank …

We investigate whether and to what extent Chinese development finance affects infant
mortality, combining 92 demographic and health surveys (DHS) for a maximum of 53 …

Purpose Cost and schedule overruns are rife in dam projects. Normative evidence espouses
overruns as though they are inimical to development and prosperity aspirations of …