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Assessing the World Bank’s influence on the good governance paradigm

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  • Gaoussou DIARRA

    (Centre d'Etudes et de Recherches sur le Développement International)

  • Patrick PLANE

    ()
    (Centre d'Etudes et de Recherches sur le Développement International)

Abstract

What does governance mean for the World Bank and to what extent does the organization succeed in diffusing the paradigm worldwide? The World Bank primarily focused on economic aspects of governance in the 1980s, and progressively moved to its political dimensions towards the end of 1990s. The paper discusses the reasons for this global shift and its consistency with regard to the values of the liberal society. Bibliometric methods are used to evaluate the role of the Bank as a producer of knowledge on this specific issue. The potential influence of the World Bank’s main governance indicators: Country Policy and Institutional Assessment (CPIA), Worldwide Governance Indicators (WGI) and Doing Business, is depicted through what donors claim when allocating aid, and beyond rhetoric, through what correlations suggest. For each of the main international donors, cross-sectional econometric regressions are run on large samples of developing countries (2005-2008). Depending on the donor we look at, empirical results do not reject strong covariations between new aid commitments and the CPIA, and to a lesser extent with the WGI.

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Bibliographic Info

Paper provided by CERDI in its series Working Papers with number 201127.

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Length: 34
Date of creation: 2011
Date of revision:
Handle: RePEc:cdi:wpaper:1283

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Keywords: The World Bank; governance; liberal society; soft power; aid commitments;

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  1. Epstein, Gil S. & Gang, Ira N., 2008. "Good Governance and Good Aid Allocation," IZA Discussion Papers 3585, Institute for the Study of Labor (IZA).
  2. Razafindrakoto, Mireille & Roubaud, François, 2010. "Are international databases on corruption reliable? A comparison of expert opinion surveys and household surveys in sub-Saharan Africa," Economics Papers from University Paris Dauphine 123456789/4352, Paris Dauphine University.
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  4. Benito Arruñada, 2007. "Pitfalls to avoid when measuring institutions: Is "Doing Business" damaging business?," Economics Working Papers 1040, Department of Economics and Business, Universitat Pompeu Fabra, revised Apr 2010.
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  8. Kanbur, Ravi, 2005. "Reforming the Formula: A Modest Proposal for Introducing Development Outcomes in IDA Allocation Procedures," CEPR Discussion Papers 4971, C.E.P.R. Discussion Papers.
  9. Patrick Guillaumont, 2009. "An Economic Vulnerability Index: Its Design and Use for International Development Policy," Oxford Development Studies, Taylor & Francis Journals, vol. 37(3), pages 193-228.
  10. Owusu, Francis, 2003. "Pragmatism and the Gradual Shift from Dependency to Neoliberalism: The World Bank, African Leaders and Development Policy in Africa," World Development, Elsevier, vol. 31(10), pages 1655-1672, October.
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  12. Stiglitz, Joseph E, 1999. "The World Bank at the Millennium," Economic Journal, Royal Economic Society, vol. 109(459), pages F577-97, November.
  13. Hagen, Rune Jansen, 2006. "Samaritan agents? On the strategic delegation of aid policy," Journal of Development Economics, Elsevier, vol. 79(1), pages 249-263, February.
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