Too many cooks in the kitchen?: The division of financing in World Bank projects and project performance

Matthew S. Winters

No wp-2019-6, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: The total funding envelope for World Bank projects is often divided among various state and non-state actors, each of which can have competing ideas about or interests in the project. How does the division of financing relate to overall project effectiveness? I argue that too many funding streams in a project can reduce project effectiveness by creating delays, increasing transaction costs, and blurring lines of accountability.

Keywords: Aid effectiveness; Foreign aid; Funding; World Bank (search for similar items in EconPapers)
Date: 2019
New Economics Papers: this item is included in nep-cdm and nep-ppm
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