In this paper we explore the factors that determine the level at which World Bank projects are implemented. In particular, focusing on the importance of informational asymmetry between levels of government, we empirically assess whether this choice is influenced by the relative importance of the local information at the recipient country level. Using an AidData dataset that provides information on more than 5800 World Bank projects for the period 1995-2014, and controlling for characteristics at both country and project level, we find that transparency does influence the probability that a project is implemented locally rather than nationally. More specifically, a one standard deviation decline in transparency increases the probability that a World Bank project will be implemented locally by up to 3 percent.

Marchesi, S., Masi, T. (2018). Implementation level in World Bank projects: National vs. local allocation of power [Working paper].

Implementation level in World Bank projects: National vs. local allocation of power

Marchesi, S;Masi, T
2018

Abstract

In this paper we explore the factors that determine the level at which World Bank projects are implemented. In particular, focusing on the importance of informational asymmetry between levels of government, we empirically assess whether this choice is influenced by the relative importance of the local information at the recipient country level. Using an AidData dataset that provides information on more than 5800 World Bank projects for the period 1995-2014, and controlling for characteristics at both country and project level, we find that transparency does influence the probability that a project is implemented locally rather than nationally. More specifically, a one standard deviation decline in transparency increases the probability that a World Bank project will be implemented locally by up to 3 percent.
Working paper
AidData Working Paper no. 60
Foreign aid, World Bank projects, delegation, transparency
English
2018
Marchesi, S., Masi, T. (2018). Implementation level in World Bank projects: National vs. local allocation of power [Working paper].
none
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10281/206409
Citazioni
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
Social impact