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Development aid and international politics: Does membership on the UN Security Council influence World Bank decisions?

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Author Info
Dreher, Axel
Sturm, Jan-Egbert
Vreeland, James Raymond

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Abstract

We investigate whether elected members of the UN Security Council receive favorable treatment from the World Bank, using panel data for 157 countries over the period 1970-2004. Our results indicate a robust positive relationship between temporary UN Security Council membership and the number of World Bank projects a country receives, even after accounting for economic and political factors, as well as regional, country and year effects. The size of World Bank loans, however, is not affected by UN Security Council membership.

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File URL: http://www.sciencedirect.com/science/article/B6VBV-4RVG3RN-2/2/e9ebd8ac55eaacbdf565e991707f062e
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Publisher Info
Article provided by Elsevier in its journal Journal of Development Economics.

Volume (Year): 88 (2009)
Issue (Month): 1 (January)
Pages: 1-18
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Handle: RePEc:eee:deveco:v:88:y:2009:i:1:p:1-18

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Web page: http://www.elsevier.com/locate/devec

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Related research
Keywords: World Bank UN Security Council Voting Aid;

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  1. Axel Dreher & Stefan Voigt, 2008. "Does Membership in International Organizations Increase Governments’ Credibility? Testing the Effects of Delegating Powers," Working papers 08-193, KOF Swiss Economic Institute, ETH Zurich. [Downloadable!]
    Other versions:
  2. Peter Nunnenkamp & Janina Weingarth & Johannes Weisser, 2008. "Is NGO Aid Not So Different After All? Comparing the Allocation of Swiss Aid by Private and Official Donors," Kiel Working Papers 1405, Kiel Institute for the World Economy. [Downloadable!]
  3. Felicitas Nowak-Lehmann D. & Inmaculada Martínez-Zarzoso & Dierk Herzer & Stephan Klasen & Axel Dreher, 2009. "In Search for a Long-run Relationship between Aid and Growth: Pitfalls and Findings," Ibero America Institute for Econ. Research (IAI) Discussion Papers 196, Ibero-America Institute for Economic Research. [Downloadable!]
  4. Axel Dreher & Peter Nunnenkamp & Hannes Öhler & Johannes Weisser, 2009. "Acting Autonomously or Mimicking the State and Peers? A Panel Tobit Analysis of Financial Dependence and Aid Allocation by Swiss NGOs," Kiel Working Papers 1486, Kiel Institute for the World Economy. [Downloadable!]
    Other versions:
  5. Dirk-Jan Koch & Axel Dreher & Peter Nunnenkamp & Rainer Thiele, 2008. "Keeping a Low Profile: What Determines the Allocation of Aid by Non-Governmental Organizations?," Kiel Working Papers 1406, Kiel Institute for the World Economy. [Downloadable!]
    Other versions:
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