US Politics and World Bank IDA-Lending

Thomas Andersen, Henrik Hansen and Thomas Markussen

No 05-06, Discussion Papers from University of Copenhagen. Department of Economics

Abstract: This paper studies the role of US political factors in the allocation of World Bank concessional lending, where US political interests are proxied by voting similarity in the United Nations General Assembly on issues identified as important by the US Department of State. In contrast to previous studies we find that the US exerted a significant influence on IDA lending during the period 1993 - 2000. We demonstrate that the influence was both statistically as well as economically significant. Finally, we demonstrate that our result is robust with respect to the omission of the IDA Country Performance Rating index.

Keywords: aid; World Bank; US political influence (search for similar items in EconPapers)
JEL-codes: F34 F35 O19 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2004-08, Revised 2005-05
New Economics Papers: this item is included in nep-afr, nep-dev and nep-pol
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Journal Article: US politics and World Bank IDA-lending (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:kud:kuiedp:0506

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