Good Countries or Good Projects? Macro and Micro Correlates of World Bank Project Performance

Publication:
Good Countries or Good Projects? Macro and Micro Correlates of World Bank Project Performance

dc.contributor.author	Denizer, Cevdet
dc.contributor.author	Kaufmann, Daniel
dc.contributor.author	Kraay, Aart
dc.date.accessioned	2013-10-29T16:53:43Z
dc.date.available	2013-10-29T16:53:43Z
dc.date.issued	2013-07-13
dc.description.abstract	This paper investigates macro and micro correlates of aid-financed development project outcomes, using data from over 6000 World Bank projects evaluated between 1983 and 2011. Country-level “macro” measures of the quality of policies and institutions are strongly correlated with project outcomes, consistent with the view that country-level performance matters for aid effectiveness. However, a striking feature of the data is that the success of individual development projects varies much more within countries than it does between countries. A large set of project-level “micro” variables, including project size, project length, the effort devoted to project preparation and supervision, and early-warning indicators that flag problematic projects during the implementation stage, accounts for some of this within-country variation in project outcomes. Measures of World Bank project manager quality also matter significantly for the ultimate project outcomes. We discuss the implications of these findings for donor policies aimed at aid effectiveness.	en
dc.identifier.citation	Journal of Development Economics
dc.identifier.doi	10.1596/16205
dc.identifier.issn	0304-3878
dc.identifier.uri	https://hdl.handle.net/10986/16205
dc.language.iso	en_US
dc.publisher	Elsevier
dc.rights	CC BY-NC-ND 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/igo/
dc.subject	aid effectiveness
dc.subject	World Bank projects
dc.title	Good Countries or Good Projects? Macro and Micro Correlates of World Bank Project Performance	en
dc.type	Journal Article	en
dc.type	Article de journal	fr
dc.type	Artículo de revista	es
dspace.entity.type	Publication
okr.date.disclosure	2017-07-10
okr.date.doiregistration	2025-05-06T11:09:08.701388Z
okr.doctype	Publications & Research::Journal Article
okr.doctype	Publications & Research
okr.externalcontent	External Content
okr.globalpractice	Macroeconomics and Fiscal Management
okr.globalpractice	Finance and Markets
okr.journal.nbpages	288-302
okr.language.supported	en
okr.peerreview	Academic Peer Review
okr.relation.associatedurl	http://www.sciencedirect.com/science/article/pii/S0304387813000874
okr.relation.associatedurl	https://openknowledge.worldbank.org/handle/10986/3410
okr.topic	Finance and Financial Sector Development::Finance and Development
okr.topic	Macroeconomics and Economic Growth::Development Economics & Aid Effectiveness
okr.topic	Macroeconomics and Economic Growth::Economic Modeling and Statistics
okr.topic	Macroeconomics and Economic Growth::Economic Theory & Research
okr.volume	105(November 2013)
relation.isAuthorOfPublication	fe7bc90f-4a13-5746-9efb-e11d3386cdf8
relation.isAuthorOfPublication.latestForDiscovery	fe7bc90f-4a13-5746-9efb-e11d3386cdf8