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Does the World Bank have any impact on human development of the poorest countries? Some preliminary evidence from Africa

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Sumon Kumar Bhaumik ()

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Abstract

In an attempt to better understand the impact of the World Bank on human development in poor countries, we use cross-country data on African countries, for the 1990-2002 period, to examine this relationship. The coefficient estimates of our parsimonious fixed-effects models indicate that while loans and grants of the Bank have had a positive impact on some relatively short-term indicators of health and education in an average African country, there is little evidence to suggest that such loans and grants have helped these countries to consolidate on the short-term gains.

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Paper provided by William Davidson Institute at the University of Michigan Stephen M. Ross Business School in its series William Davidson Institute Working Papers Series with number wp784.

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Date of creation: 01 Aug 2005
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Handle: RePEc:wdi:papers:2005-784

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Related research
Keywords: Development; Health; Education; World Bank; Africa;

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Find related papers by JEL classification:
O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
O19 - Economic Development, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
O55 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Africa
P45 - Economic Systems - - Other Economic Systems - - - International Linkages

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  1. Wallich Christine I., 1995. "What's Right and Wrong with World Bank Involvement in Eastern Europe," Journal of Comparative Economics, Elsevier, vol. 20(1), pages 57-94, February. [Downloadable!] (restricted)
  2. Kilby, Christopher, 2000. "Supervision and performance: the case of World Bank projects," Journal of Development Economics, Elsevier, vol. 62(1), pages 233-259, June. [Downloadable!] (restricted)
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  3. Baland, Jean-Marie & Ray, Debraj, 1991. "Why does asset inequality affect unemployment? A study of the demand composition problem," Journal of Development Economics, Elsevier, vol. 35(1), pages 69-92, January. [Downloadable!] (restricted)
  4. Dasgupta, Partha & Ray, Debraj, 1986. "Inequality as a Determinant of Malnutrition and Unemployment: Theory," Economic Journal, Royal Economic Society, vol. 96(384), pages 1011-34, December. [Downloadable!] (restricted)
  5. William Easterly, 2003. "Can Foreign Aid Buy Growth?," Journal of Economic Perspectives, American Economic Association, vol. 17(3), pages 23-48, Summer. [Downloadable!] (restricted)
  6. Gilbert, Christopher & Powell, Andrew & Vines, David, 1999. "Positioning the World Bank," Economic Journal, Royal Economic Society, vol. 109(459), pages F598-633, November. [Downloadable!] (restricted)
  7. Burnside, Craig & Dollar, David, 1997. "Aid, policies, and growth," Policy Research Working Paper Series 1777, The World Bank. [Downloadable!]
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  8. Lancaster, Carol, 1999. "Aid Effectiveness in Africa: The Unfinished Agenda," Journal of African Economies, Oxford University Press, vol. 8(4), pages 487-503, December.
  9. Burhop, Carsten, 2005. "Foreign assistance and economic development: a re-evaluation," Economics Letters, Elsevier, vol. 86(1), pages 57-61, January. [Downloadable!] (restricted)
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