Good countries or good projects? Comparing macro and micro correlates of World Bank and Asian Development Bank project performance

Good countries or good projects? Comparing macro and micro correlates of World Bank and Asian... This paper examines the micro and macro correlates of aid project outcomes in a sample of 3797 World Bank projects and 1322 Asian Development Bank projects. We find that project outcomes vary much more within countries than between countries: only 10–25 % of the variation in project outcomes is between countries, and the rest is within countries. Among country-level macro variables, GDP growth and the policy environment are significantly positively correlated with project outcomes. Among project-level micro variables, shorter project duration and the presence of additional financing are significantly correlated with better project outcomes. In addition, the track record of the project manager in delivering successful projects is highly significantly correlated with project outcomes. We find few significant differences between the two institutions in the relationship between these variables and project outcomes. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Review of International Organizations Springer Journals

Good countries or good projects? Comparing macro and micro correlates of World Bank and Asian Development Bank project performance

Loading next page...
 
/lp/springer_journal/good-countries-or-good-projects-comparing-macro-and-micro-correlates-RUqNHUdjEq
Publisher
Springer US
Copyright
Copyright © 2016 by International Bank for Reconstruction and Development/The World Bank
Subject
Social Sciences; Social Sciences, general; Political Science; Economics, general
ISSN
1559-7431
eISSN
1559-744X
D.O.I.
10.1007/s11558-016-9256-x
Publisher site
See Article on Publisher Site

Abstract

This paper examines the micro and macro correlates of aid project outcomes in a sample of 3797 World Bank projects and 1322 Asian Development Bank projects. We find that project outcomes vary much more within countries than between countries: only 10–25 % of the variation in project outcomes is between countries, and the rest is within countries. Among country-level macro variables, GDP growth and the policy environment are significantly positively correlated with project outcomes. Among project-level micro variables, shorter project duration and the presence of additional financing are significantly correlated with better project outcomes. In addition, the track record of the project manager in delivering successful projects is highly significantly correlated with project outcomes. We find few significant differences between the two institutions in the relationship between these variables and project outcomes.

Journal

The Review of International OrganizationsSpringer Journals

Published: Sep 5, 2016

References

You’re reading a free preview. Subscribe to read the entire article.


DeepDyve is your
personal research library

It’s your single place to instantly
discover and read the research
that matters to you.

Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.

All for just $49/month

Explore the DeepDyve Library

Search

Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly

Organize

Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.

Access

Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.

Your journals are on DeepDyve

Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.

All the latest content is available, no embargo periods.

See the journals in your area

DeepDyve

Freelancer

DeepDyve

Pro

Price

FREE

$49/month
$360/year

Save searches from
Google Scholar,
PubMed

Create lists to
organize your research

Export lists, citations

Read DeepDyve articles

Abstract access only

Unlimited access to over
18 million full-text articles

Print

20 pages / month

PDF Discount

20% off