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

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  • Gaoussou Diarra

    (CERDI - Centre d'études et de recherches sur le developpement international - CNRS : UMR6587 - Université d'Auvergne - Clermont-Ferrand I)

  • Patrick Plane

    (CERDI - Centre d'études et de recherches sur le developpement international - CNRS : UMR6587 - Université d'Auvergne - Clermont-Ferrand I)

Abstract

What does governance mean for the World Bank (WB) and how far does the organization influence the world community with this concept? The World Bank primarily focused on economic aspects of governance in the 1980s and progressively moved to its political dimensions in 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. In addition the academic relationships that the organization built to shape the 'good governance' concept are explored. As well as networking, which contributes to the promotion of its worldwide influence, the soft and hard powers of the Bank are seen at work through aid allocation systems. The potential influence of the main WB's governance indicators (CPIA, WGI and Doing Business) is depicted through what donors claim, 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). According to the donor we look at, empirical results do not reject strong covariations between new commitments and the CPIA or the WGI.

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Paper provided by HAL in its series Working Papers with number halshs-00555814.

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Date of creation: 14 Jan 2011
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Handle: RePEc:hal:wpaper:halshs-00555814

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Keywords: The World Bank; governance; liberal society; Knowledge; aid commitments; Soft and Hard power;

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  1. Anne O. Krueger, 1998. "Whither the World Bank and the IMF?," Journal of Economic Literature, American Economic Association, vol. 36(4), pages 1983-2020, December.
  2. Arrunada, Benito, 2007. "Pitfalls to avoid when measuring institutions: Is Doing Business damaging business?," Journal of Comparative Economics, Elsevier, vol. 35(4), pages 729-747, December.
  3. 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.
  4. Daniel Kaufmann & Aart Kraay, 2008. "Governance Indicators: Where Are We, Where Should We Be Going?," World Bank Research Observer, World Bank Group, vol. 23(1), pages 1-30, January.
  5. Patrick GUILLAUMONT & Lisa CHAUVET, 1999. "Aid and Performance: A Reassessment," Working Papers 199910, CERDI.
  6. Matt Andrews, 2008. "The Good Governance Agenda: Beyond Indicators without Theory," Oxford Development Studies, Taylor & Francis Journals, vol. 36(4), pages 379-407.
  7. Burnside, Craig & Dollar, David, 1997. "Aid, policies, and growth," Policy Research Working Paper Series 1777, The World Bank.
  8. Epstein, Gil S. & Gang, Ira N., 2008. "Good Governance and Good Aid Allocation," IZA Discussion Papers 3585, Institute for the Study of Labor (IZA).
  9. Stiglitz, Joseph E, 1999. "The World Bank at the Millennium," Economic Journal, Royal Economic Society, vol. 109(459), pages F577-97, November.
  10. 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.
  11. Kanbur, Ravi, 2005. "Reforming the Formula: A Modest Proposal for Introducing Development Outcomes in IDA Allocation Procedures," Working Papers 127071, Cornell University, Department of Applied Economics and Management.
  12. 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.
  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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