Good Countries or Good Projects? Macro and Micro Correlates of World Bank Project Performance
The authors use data from more than
6,000 World Bank projects evaluated between 1983 and 2009 to
investigate macro and micro correlates of project outcomes.
They find that country-level "macro" measures of
the quality of policies and institutions are very strongly
correlated with project outcomes, confirming the importance
of country-level performance for the effective use of aid
resources. However, a striking feature of the data is that
the success of individual development projects varies much
more within countries than it does between countries. The
authors assemble a large set of project-level
"micro" correlates of project outcomes in an
effort to explain some of this within-country variation.
They find that measures of project size, the extent of
project supervision, and evaluation lags are all
significantly correlated with project outcomes, as are
early-warning indicators that flag problematic projects
during the implementation stage. They also find that
measures of World Bank project task manager quality matter
significantly for the ultimate outcome of projects. They
discuss the implications of these findings for donor
policies aimed at aid effectiveness.
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Bibliographic Details
| Main Authors: |
Denizer, Cevdet,
Kaufmann, Daniel,
Kraay, Aart |
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| Language: | English |
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| Published: |
World Bank, Washington, DC
2011-05-01
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| Subjects: | ACCOUNTING,
ADJUSTMENT OPERATIONS,
ADJUSTMENT PROGRAMS,
AGRICULTURE,
BANK LENDING,
BENCHMARK,
COMMUNITIES,
COMPLEMENTARITIES,
COUNTRY EFFECTS,
COUNTRY PROJECT,
DESCRIPTION,
DEVELOPMENT ASSISTANCE,
DEVELOPMENT ECONOMICS,
DEVELOPMENT POLICY,
DEVELOPMENT PROJECTS,
ECONOMIC GROWTH,
ECONOMIC RATE OF RETURN,
ECONOMIC SECTORS,
ECONOMIC SURVEYS,
EVALUATION METHODS,
FINANCIAL MANAGEMENT,
FINANCIAL SECTOR,
FLEXIBILITY,
GDP,
GENDER,
ICR,
IMPLEMENTATION COMPLETION REPORT,
INFLATION,
INFLATION RATE,
INFRASTRUCTURE PROJECTS,
INSTITUTIONAL DEVELOPMENT,
INTERVENTION,
LEADING INDICATORS,
MACROECONOMIC POLICIES,
MACROECONOMIC SHOCKS,
MACROECONOMIC STABILITY,
MACROECONOMICS,
MONITORING DATA,
POLITICAL ECONOMY,
POVERTY REDUCTION,
PRODUCTIVITY,
PROGRAMS,
PROJECT EVALUATION,
PROJECT MANAGEMENT,
PROJECT MONITORING,
PROJECT OBJECTIVES,
PROJECT PERFORMANCE,
REAL GDP,
RURAL DEVELOPMENT,
STATISTICAL ANALYSIS,
STRUCTURAL ADJUSTMENT,
SUBSIDIARY,
TARGETING,
TASK MANAGERS,
TRANSPORT,
URBAN DEVELOPMENT, |
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110502085201
https://hdl.handle.net/10986/3410
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