The World Bank of the Future

14 Pages Posted: 3 Feb 2003

See all articles by Abhijit V. Banerjee

Abhijit V. Banerjee

Massachusetts Institute of Technology (MIT) - Department of Economics

Ruimin He

Massachusetts Institute of Technology (MIT) - Department of Economics

Date Written: January 2003

Abstract

This paper argues that the prima facie evidence suggests that the World Bank is not particularly effective either in dealing with countries that default or in promoting countries, projects and ideas that are likely to do well. We argue that this is probably related to the fact that the Bank does not make adequate use of scientific evidence in its decision-making and suggest ways to improve matters.

Keywords: World Bank, Aid Effectiveness, Multi-lateral Lending

JEL Classification: O19, F33, F35

Suggested Citation

Banerjee, Abhijit V. and He, Ruimin, The World Bank of the Future (January 2003). Available at SSRN: https://ssrn.com/abstract=375701 or http://dx.doi.org/10.2139/ssrn.375701

Abhijit V. Banerjee (Contact Author)

Massachusetts Institute of Technology (MIT) - Department of Economics ( email )

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Cambridge, MA 02142
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Ruimin He

Massachusetts Institute of Technology (MIT) - Department of Economics ( email )

50 Memorial Drive
E52-391
Cambridge, MA 02142
United States