Does the World Bank have any impact on human development of the poorest countries? Some preliminary evidence from Africa
Sumon Bhaumik
No wp784, William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan
Abstract:
In an attempt to better understand the impact of the World Bank on human development in poor countries, we use cross-country data on African countries, for the 1990-2002 period, to examine this relationship. The coefficient estimates of our parsimonious fixed-effects models indicate that while loans and grants of the Bank have had a positive impact on some relatively short-term indicators of health and education in an average African country, there is little evidence to suggest that such loans and grants have helped these countries to consolidate on the short-term gains.
Keywords: Development; Health; Education; World Bank; Africa (search for similar items in EconPapers)
JEL-codes: O15 O19 O55 P45 (search for similar items in EconPapers)
Pages: pages
Date: 2005-08-01
New Economics Papers: this item is included in nep-afr and nep-dev
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Citations: View citations in EconPapers (2)
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