Publication:
Poverty and Policy Selectivity of World Bank Trust Funds

Simple item page
dc.contributor.authorEichenauer, Vera
dc.contributor.authorKnack, Stephen
dc.date.accessioned2016-07-07T22:17:34Z
dc.date.available2016-07-07T22:17:34Z
dc.date.issued2016-06
dc.description.abstractOver the past decade, donors of foreign aid quadrupled their annual contributions to trust funds at the World Bank. This earmarking of contributions to donors' preferred recipient countries and issues has raised concerns about the alignment of trust funds with the performance-based allocations of aid by the International Development Association, the World Bank's concessional lending arm, and raises the question of the role of this new "multi-bi" aid channel. This study finds that the cross-country allocations of aggregate trust fund aid are poverty- and policy-selective. In this respect, they are much more similar to allocations from the International Development Association than from bilateral donors. The allocations of trust fund types that are more closely controlled by donor countries—recipient-executed and single-donor trust funds—are more strongly related to the strategic interests of donor countries than trust fund aid in general. Trust funds for health and education aid are poverty selective and positively correlated with the World Bank's assessment of the quality of countries' sector policies, while environmental trust funds are neither poverty selective nor correlated with the assessed quality of countries' environmental policies. Overall, the evidence indicates that multi-bi funds administered by the World Bank do not undermine the International Development Association’s allocation criteria.en
dc.identifierhttp://documents.worldbank.org/curated/en/2016/06/26532670/poverty-policy-selectivity-world-bank-trust-funds
dc.identifier.doi10.1596/1813-9450-7731
dc.identifier.urihttps://hdl.handle.net/10986/24648
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7731
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectALLIANCE
dc.subjectLIMITED
dc.subjectMODALITIES
dc.subjectCAPITAL MARKETS
dc.subjectFINANCIAL SERVICES
dc.subjectBILATERAL AID
dc.subjectMULTILATERAL AID
dc.subjectBOARD MEMBERS
dc.subjectFISCAL YEAR
dc.subjectDEVELOPMENT ASSISTANCE
dc.subjectCHECKS
dc.subjectACCOUNTING
dc.subjectCORPORATION
dc.subjectINTERNATIONAL POLITICS
dc.subjectPRINCIPAL
dc.subjectPOST‐CONFLICT” COUNTRIES
dc.subjectINTEREST
dc.subjectTRUST FUNDS
dc.subjectDUMMY VARIABLES
dc.subjectAID INSTITUTIONS
dc.subjectNATIONS
dc.subjectALLOCATION DECISIONS
dc.subjectAID FINANCING
dc.subjectINTERNATIONAL POLITICS
dc.subjectEXCHANGE
dc.subjectPOLITICAL ECONOMIES
dc.subjectFINANCIAL SUPPORT
dc.subjectSERVICES
dc.subjectDEVELOPING COUNTRIES
dc.subjectPUBLIC SERVICES
dc.subjectPOLITICAL ECONOMY
dc.subjectPOSITIVE COEFFICIENT
dc.subjectPORTFOLIO
dc.subjectCOMPANIES
dc.subjectRECIPIENT COUNTRIES
dc.subjectCREDITWORTHINESS
dc.subjectPROJECTS
dc.subjectCOLLECTIVE INTEREST
dc.subjectBORROWERS
dc.subjectMULTILATERAL DEVELOPMENT BANKS
dc.subjectMULTILATERAL AGENCIES
dc.subjectBILATERAL” AID
dc.subjectGOVERNMENT SUPPORTS
dc.subjectVOLUNTARY CONTRIBUTIONS
dc.subjectDUMMY VARIABLE
dc.subjectCONFLICT
dc.subjectINTERNATIONAL BANK
dc.subjectCREDITOR
dc.subjectBUDGET
dc.subjectINTERNATIONAL FINANCE
dc.subjectARMED CONFLICT
dc.subjectPROJECT IMPLEMENTATION
dc.subjectSTATES
dc.subjectMULTILATERAL AID
dc.subjectTECHNICAL ASSISTANCE
dc.subjectPARTNERSHIPS
dc.subjectDISBURSEMENT
dc.subjectFOREIGN AID
dc.subjectUNION
dc.subjectPROXY
dc.subjectECONOMIC COOPERATION
dc.subjectTRADING
dc.subjectMONETARY FUND
dc.subjectFINANCIAL ACCOUNTING
dc.subjectNATURAL DISASTERS
dc.subjectTECHNICAL ASSISTANCE
dc.subjectCRITERIA
dc.subjectMARKETS
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectAID FINANCING
dc.subjectWORLD DEVELOPMENT
dc.subjectTRUST
dc.subjectORGANIZATIONS
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectPOST‐CONFLICT” COUNTRIES
dc.subjectNEGOTIATIONS
dc.subjectINCOME LEVELS
dc.subjectECONOMIC POLICIES
dc.subjectLOANS
dc.subjectHEALTH AID
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectTRUST FUNDS
dc.subjectCOLLECTIVE INTEREST
dc.subjectARMED CONFLICT
dc.subjectFINANCE
dc.subjectBANK POLICY
dc.subjectDIRECTORS
dc.subjectALLOCATION DECISIONS
dc.subjectINFRASTRUCTURE
dc.subjectDEVELOPMENT ASSISTANCE
dc.subjectBANKS
dc.subjectFOREIGN AID
dc.subjectEQUITY
dc.subjectGRANT
dc.subjectDONOR COUNTRIES
dc.subjectMULTILATERAL DEVELOPMENT BANKS
dc.subjectIMF
dc.subjectACCOUNTABILITY
dc.subjectMEMBER STATES
dc.subjectTRANCHE
dc.subjectACCESS TO CAPITAL
dc.subjectFUTURE
dc.subjectVALUE
dc.subjectMEMBER STATES
dc.subjectINTERNATIONAL STUDIES
dc.subjectDEVELOPMENT BANKS
dc.subjectINVESTIGATION
dc.subjectBANK
dc.subjectBUDGETS
dc.subjectAID INSTITUTIONS
dc.subjectASSOCIATION
dc.subjectCOLLECTIVE
dc.subjectDISBURSEMENTS
dc.subjectECONOMY
dc.subjectREFUGEE
dc.subjectDEVELOPING‐COUNTRY
dc.subjectFISCAL YEAR
dc.subjectDEVELOPMENT AID
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectSHARES
dc.subjectMARKET
dc.subjectUNITED NATIONS SECURITY COUNCIL
dc.subjectBILATERAL” AID
dc.subjectINTERNATIONAL STUDIES
dc.subjectIFC
dc.subjectGOVERNANCE
dc.subjectSHAREHOLDERS
dc.subjectRECIPIENT COUNTRIES
dc.subjectINTERESTS
dc.subjectPROJECT IMPLEMENTATION
dc.subjectSTATE
dc.subjectGOODS
dc.subjectSECURITY
dc.subjectTRUSTEE
dc.subjectDEVELOPMENT AID
dc.subjectWAR
dc.subjectHEALTH AID
dc.subjectIBRD
dc.subjectSHARE
dc.subjectORGANIZATION
dc.subjectEQUALITY
dc.subjectTRUST‐FUNDS
dc.subjectPOVERTY
dc.subjectCRISES
dc.subjectBILATERAL AID
dc.subjectMULTILATERAL AGENCIES
dc.subjectBOARD MEMBERS
dc.subjectDEVELOPMENT FINANCE
dc.subjectUNIVERSITY
dc.subjectFINANCIAL SUPPORT
dc.subjectRECIPIENT COUNTRY
dc.subjectLENDING
dc.subjectTRUST FUND
dc.subjectINTERNATIONAL BANK
dc.subjectAID FLOWS
dc.subjectDONOR COUNTRIES
dc.subjectFINANCIAL SERVICES
dc.subjectSTATISTICAL ANALYSIS
dc.subjectPOST‐CONFLICT COUNTRIES
dc.subjectFINANCIAL ACCOUNTING
dc.subjectPRIVATE COMPANIES
dc.subjectEXCHANGE RATE
dc.subjectINSTRUMENT
dc.subjectRATES OF INTEREST
dc.subjectGOVERNMENTS
dc.subjectARREARS
dc.subjectAID FLOWS
dc.subjectRECIPIENT COUNTRY
dc.subjectWORLD DEVELOPMENT
dc.subjectRECONSTRUCTION
dc.subjectECONOMIES
dc.subjectHUMAN DEVELOPMENT
dc.subjectENVIRONMENTAL POLICIES
dc.titlePoverty and Policy Selectivity of World Bank Trust Fundsen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titlePoverty and Policy Selectivity of World Bank Trust Funds
okr.date.disclosure2016-06-28
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/2016/06/26532670/poverty-policy-selectivity-world-bank-trust-funds
okr.guid495141467122731170
okr.identifier.doi10.1596/1813-9450-7731
okr.identifier.externaldocumentum090224b08440f895_1_0
okr.identifier.internaldocumentum26532670
okr.identifier.reportWPS7731
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2016/06/28/090224b08440f895/1_0/Rendered/PDF/Poverty0and0po0ld0Bank0trust0funds0.pdfen
okr.topicMacroeconomics and Economic Growth::Development Economics & Aid Effectiveness
okr.topicPoverty Reduction::Poverty Monitoring & Analysis
okr.topicGovernance::International Governmental Organizations
okr.unitHuman Development and Public Services Team, Development Research Group
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
Poverty0and0po0ld0Bank0trust0funds0.pdf
Size:
1 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
Poverty0and0po0ld0Bank0trust0funds0.txt
Size:
103.43 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Policy Research Working Papers