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Informal influence in the Inter-American Development Bank

Elizabeth Bland () and Christopher Kilby ()
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Elizabeth Bland: Department of Economics, Villanova School of Business, Villanova University, http://www1.villanova.edu/villanova/business/departments/economics_statistics.html

No 22, Villanova School of Business Department of Economics and Statistics Working Paper Series from Villanova School of Business Department of Economics and Statistics

Abstract: This paper investigates U.S. informal influence in the Inter-American Development Bank (IDB) by testing whether IDB loans disburse faster when the borrowing country is geopolitically or economically important to the U.S. The methodology is similar to that in earlier work on the World Bank and the Asian Development Bank and relies on the governance structure in which formal donor influence ends with loan approval, i.e., prior to loan disbursement. In contrast to findings for the World Bank and the Asian Development Bank, we do not uncover convincing evidence of consistent U.S. informal influence in the Inter-American Development Bank.

Keywords: Donor Influence; Inter-American Development Bank; United States; UN voting (search for similar items in EconPapers)
JEL-codes: F35 F53 F55 O19 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ban
Date: 2012-08
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Persistent link: https://EconPapers.repec.org/RePEc:vil:papers:22

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