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

Author

Listed:
  • Gaoussou DIARRA

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

  • Patrick PLANE

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

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.

Suggested Citation

  • Gaoussou DIARRA & Patrick PLANE, 2010. "Assessing the World Bank’s influence on the good governance paradigm," Working Papers 201038, CERDI.
  • Handle: RePEc:cdi:wpaper:1230
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    2. Dubey, Rameshwar & Bryde, David J. & Dwivedi, Yogesh K. & Graham, Gary & Foropon, Cyril & Papadopoulos, Thanos, 2023. "Dynamic digital capabilities and supply chain resilience: The role of government effectiveness," International Journal of Production Economics, Elsevier, vol. 258(C).
    3. Chiraag Roy, 2020. "Rethinking Australia’s aid programme to Myanmar: Good governance and “informal constraints”," Development Policy Review, Overseas Development Institute, vol. 38(5), pages 630-645, September.
    4. Gratiela Georgiana Noja & Mirela Cristea & Nicoleta Sirghi & Camelia-Daniela Hategan & Paolo D’Anselmi, 2019. "Promoting Good Public Governance and Environmental Support for Sustainable Economic Development," IJERPH, MDPI, vol. 16(24), pages 1-21, December.
    5. Mehrpouya, Afshin & Salles-Djelic, Marie-Laure, 2019. "Seeing like the market; exploring the mutual rise of transparency and accounting in transnational economic and market governance," Accounting, Organizations and Society, Elsevier, vol. 76(C), pages 12-31.
    6. Ravetti, Chiara & Sarr, Mare & Swanson, Tim, 2018. "Foreign aid and political instability in resource-rich countries," Resources Policy, Elsevier, vol. 58(C), pages 277-294.
    7. Subhan Mollick, Abdus & Khalilur Rahman, Md. & Nabiul Islam Khan, Md. & Nazmus Sadath, Md., 2018. "Evaluation of good governance in a participatory forestry program: A case study in Madhupur Sal forests of Bangladesh," Forest Policy and Economics, Elsevier, vol. 95(C), pages 123-137.

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    Keywords

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    JEL classification:

    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • K2 - Law and Economics - - Regulation and Business Law
    • H7 - Public Economics - - State and Local Government; Intergovernmental Relations
    • F3 - International Economics - - International Finance

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