Good Countries or Good Projects?

This paper examines the micro and macro correlates of aid project outcomes in a sample of 3,821 World Bank projects and 1,342 Asian Development Bank projects. Project outcomes vary much more within countries than between countries: country-level characteristics explain only 10–25 percent of project outcomes. Among macro variables, country growth and the policy environment are significantly positively correlated with project outcomes. Among micro variables, shorter project duration and the presence of additional financing are significantly correlated with better project outcomes. In addition, the track record of the project manager in delivering successful projects is highly significantly correlated with project outcomes. There are few significant differences between the two institutions in the relationship between these variables and project outcomes.

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Bibliographic Details
Main Authors: Bulman, David, Kolkma, Walter, Kraay, Aart
Format: Working Paper biblioteca
Language:English
en_US
Published: World Bank, Washington, DC 2015-04
Subjects:SOCIAL INCLUSION, PROJECT MANAGEMENT, COMMUNITIES, DEVELOPMENT RESEARCH, EQUITY, STRUCTURAL ADJUSTMENT, SUPERVISION, ACCOUNTING, AUTONOMY, DEVELOPMENT ORGANIZATIONS, DESCRIPTION, COMPLEX PROJECTS, INTEREST, AID ALLOCATION, VALUE, PROJECT COMPLETION, DEVELOPMENT BANKS, SUSTAINABILITY, BANK, INDUSTRY, FLEXIBILITY, PROJECT MONITORING, PROGRAMS, DEVELOPMENT ISSUES, MONITORING, HEALTH, IMPACTS, DEVELOPMENT AID, SAMPLE SIZE, PROJECTS, PROJECT, BORROWERS, MULTILATERAL DEVELOPMENT BANKS, INFRASTRUCTURE PROJECTS, QUALITY, ECONOMIC ANALYSIS, DEVELOPMENT OBJECTIVES, DEVELOPMENT, ICR, PROJECT IMPLEMENTATION, LAND, AID, STATISTICS, EVALUATION, TRAINING, RISK, TRANSPORT, CONCESSIONAL LENDING, IMPACT EVALUATION, PRODUCTIVITY, LENDING, CRITERIA, PROJECT EVALUATION, INTERVENTIONS, LOCAL GOVERNMENT, INTERNATIONAL DEVELOPMENT, INDICATORS, RESEARCH, IMPLEMENTATION COMPLETION REPORT, LOANS, OUTCOMES, ADB, GOVERNMENTS, OBJECTIVES, FINANCE, ECONOMIC CONDITIONS, PROJECT QUALITY, STRUCTURAL POLICIES, INFRASTRUCTURE, DEVELOPMENT POLICY, DESIGN, ACTIONS, BANKS, DATA SET, FISCAL,
Online Access:http://documents.worldbank.org/curated/en/2015/04/24407929/good-countries-or-good-projects-comparing-macro-micro-correlates-world-bank-asian-development-bank-project-performance
https://hdl.handle.net/10986/21859
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Summary:This paper examines the micro and macro correlates of aid project outcomes in a sample of 3,821 World Bank projects and 1,342 Asian Development Bank projects. Project outcomes vary much more within countries than between countries: country-level characteristics explain only 10–25 percent of project outcomes. Among macro variables, country growth and the policy environment are significantly positively correlated with project outcomes. Among micro variables, shorter project duration and the presence of additional financing are significantly correlated with better project outcomes. In addition, the track record of the project manager in delivering successful projects is highly significantly correlated with project outcomes. There are few significant differences between the two institutions in the relationship between these variables and project outcomes.