 Improving upon the World Bank's Country Policy and Institutional Assessment: A New Performance Indicator Based on Aid EffectivenessSciencePo Working papers Main from HAL Abstract: This article questions the relevance of the different measures of policy performance that are currently used by international organizations to allocate development aid. It evaluates more especially the pertinence of the World Bank's Country Policy and Institutional Assessment (CPIA). Using a cross-country panel dataset over 146 countries between 1977 and 2008, I show that while the CPIA is correlated with current growth, it is not a good predictor for future growth. I then discuss the relevance of several instruments for aid allocation. In particular, I propose a performance indicator based on "aid effectiveness" to allocate aid selectively, and discuss a new way of assessing time-varying aid effectiveness. Keywords: Conditionality; Development Aid Allocation; Performance Criteria; Selectivity; World Bank's CPIA (search for similar items in EconPapers) Published in Journal of Globalization and Development, 2015, pp.1 - 21. ⟨10.1515/jgd-2013-0007⟩ There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:hal:spmain:hal-03392998 Access Statistics for this paper More papers in SciencePo Working papers Main from HAL |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to econpapers@oru.se.
EconPapers is hosted by the
School of Business at Örebro University.