The World Bank COVID-19 response: Politics as usual?

Christopher Kilby and Carolyn McWhirter
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Carolyn McWhirter: Villanova University

The Review of International Organizations, 2022, vol. 17, issue 3, No 9, 627-656

Abstract: Abstract Do the normal rules of the game apply in international organizations during a global pandemic? We explore this question by comparing regular and COVID-19 World Bank loans. Analyzing lending from April 2, 2020 (the start of COVID-19 lending) to December 31, 2020, we find different results for the two types of World Bank loans. Looking at regular loans, countries that vote more in line with the U.S. on UN General Assembly resolutions are more likely to receive loans. For COVID-19 loans, geopolitics is not a significant factor. In contrast to ordinary business, the World Bank appears to have kept politics out of its pandemic response, instead more effectively focusing on provision of an important international public good.

Keywords: COVID-19; Pandemic; World Bank; Foreign aid; International public goods; F35; F53; F55; O19 (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1007/s11558-021-09440-2

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