This paper shows that the increased policy-selectivity of aid allocations observed in recent years provides recipient countries an incentive to improve policies. The paper estimates that a change in the World Banks Country Policy and Institutional Assessment policy index from 1.5 to 2 for a recipient is associated with an increase of about 13 percent in aid. The analysis also finds a modest but statistically significant positive relationship between...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2019/06/17
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Рабочий документ в рамках исследования вопросов политики
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WPS8889
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1
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1
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2019/06/17
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Disclosed
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Better Policies from Policy-Selective Aid ?
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Debt Policy and Management
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Официальная версия документа (может содержать подписи, и т.д.)