How Does the World Bank Influence the Development Policy Priorities of Low-Income and Lower-Middle-Income Countries?
This study investigates the World Bank's use of lending and non-lending instruments to affect the policy priorities of developing countries. In a typical year, the World Bank lends more than $30 billion to its client countries. It also spends...
| Main Authors: | , , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/852751588260919707/How-Does-the-World-Bank-Influence-the-Development-Policy-Priorities-of-Low-Income-and-Lower-Middle-Income-Countries http://hdl.handle.net/10986/33707 |
| Summary: | This study investigates the World
Bank's use of lending and non-lending instruments to
affect the policy priorities of developing countries. In a
typical year, the World Bank lends more than $30 billion to
its client countries. It also spends approximately $200
million on the provision of analytical and advisory products
each year. However, insufficiently granular data on the
nature, timing, and distribution of these analytical and
advisory products and the policy priorities of client
countries has made it difficult for policymakers and
scholars to understand which World Bank instruments are most
useful for effectuating change in the direction of
government policy. With new data on the delivery of
analytical and advisory products and micro-level survey data
from 1,244 public sector officials in 121 developing
countries, this study demonstrates that the organization’s
non-lending instruments are more effective than its lending
instruments at influencing the policy priorities of client
countries. The World Bank's analytical and advisory
products not only affect the direction of government policy,
but also its design and implementation. |
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