Impact of World Bank lending in an adjustment-led growth model
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Graham Bird & Dane Rowlands, 2004.
"The Catalytic Effect of Lending by the International Financial Institutions,"
Palgrave Macmillan Books, in: International Finance and the Developing Economies, chapter 12, pages 204-226,
Palgrave Macmillan.
- Graham Bird & Dane Rowlands, 1997. "The Catalytic Effect of Lending by the International Financial Institutions," The World Economy, Wiley Blackwell, vol. 20(7), pages 967-991, November.
- Robert Lensink & Oliver Morrissey, 2000.
"Aid instability as a measure of uncertainty and the positive impact of aid on growth,"
Journal of Development Studies, Taylor & Francis Journals, vol. 36(3), pages 31-49.
- Lensink, Robert & Morrissey, Oliver, 1999. "Aid instability as a measure of uncertainty and the positive impact of aid on growth," CDS Research Reports 199906, University of Groningen, Centre for Development Studies (CDS).
- Conway, Patrick, 1994. "IMF lending programs: Participation and impact," Journal of Development Economics, Elsevier, vol. 45(2), pages 365-391, December.
- Doroodian, Khosrow, 1993. "Macroeconomic Performance and Adjustment under Policies Commonly Supported by the International Monetary Fund," Economic Development and Cultural Change, University of Chicago Press, vol. 41(4), pages 849-864, July.
- Reuven Glick & Xueyan Guo & Michael Hutchison, 2006.
"Currency Crises, Capital-Account Liberalization, and Selection Bias,"
The Review of Economics and Statistics, MIT Press, vol. 88(4), pages 698-714, November.
- Glick, Reuven & Guo, Xueyan & Hutchison, Michael M., 2004. "Currency Crises, Capital Account Liberalization, and Selection Bias," Santa Cruz Department of Economics, Working Paper Series qt24c9v7w9, Department of Economics, UC Santa Cruz.
- Reuven Glick & Xueyan Guo & Michael M. Hutchison, 2005. "Currency crises, capital account liberalization, and selection bias," Working Paper Series 2004-15, Federal Reserve Bank of San Francisco.
- Glick, Reuven & Guo, Xueyan & Hutchison, Michael M., 2004. "Currency Crises, Capital Account Liberalization, and Selection Bias," Santa Cruz Department of Economics, Working Paper Series qt12t6x2ht, Department of Economics, UC Santa Cruz.
- Reuven Glick & Xueyan Guo & Michael Hutchison, 2004. "Currency Crises, Capital Account Liberalization, and Selection Bias," EPRU Working Paper Series 04-11, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
- Glick, Reuven & Guo, Xueyan & Hutchison, Michael M., 2004. "Currency Crises, Capital Account Liberalization, and Selection Bias," Santa Cruz Center for International Economics, Working Paper Series qt12t6x2ht, Center for International Economics, UC Santa Cruz.
- Easterly, William, 1999. "The ghost of financing gap: testing the growth model used in the international financial institutions," Journal of Development Economics, Elsevier, vol. 60(2), pages 423-438, December.
- David Dollar & Craig Burnside, 2000.
"Aid, Policies, and Growth,"
American Economic Review, American Economic Association, vol. 90(4), pages 847-868, September.
- Burnside, Craig & Dollar, David, 1997. "Aid, policies, and growth," Policy Research Working Paper Series 1777, The World Bank.
- Evrensel, Ayse Y., 2004. "Lending to developing countries revisited: changing nature of lenders and payment problems," Economic Systems, Elsevier, vol. 28(3), pages 235-256, September.
- Carl-Johan Dalgaard & Henrik Hansen & Finn Tarp, 2004.
"On The Empirics of Foreign Aid and Growth,"
Economic Journal, Royal Economic Society, vol. 114(496), pages 191-216, June.
- Carl-Johan Dalgaard & Henrik Hansen & Finn Tarp, 2001. "On the Empirics of Foreign Aid and Growth," EPRU Working Paper Series 03-13, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics, revised Sep 2003.
- Dalgaard, Carl-Johan & Hansen, Henrik & Tarp, Finn, 2002. "On the Empirics of Foreign Aid and Growth," MPRA Paper 63696, University Library of Munich, Germany.
- Hansen, Henrik & Tarp, Finn, 2001.
"Aid and growth regressions,"
Journal of Development Economics, Elsevier, vol. 64(2), pages 547-570, April.
- Hansen, Henrik & Tarp, Finn, 2000. "Aid and Growth Regressions," MPRA Paper 62288, University Library of Munich, Germany.
- Mosley, Paul & Hudson, John & Horrell, Sara, 1987. "Aid, the Public Sector and the Market in Less Developed Countries," Economic Journal, Royal Economic Society, vol. 97(387), pages 616-641, September.
- Collier, Paul & Dollar, David, 2001.
"Can the World Cut Poverty in Half? How Policy Reform and Effective Aid Can Meet International Development Goals,"
World Development, Elsevier, vol. 29(11), pages 1787-1802, November.
- Collier, Paul & Dollar, David, 2000. "Can the world cut poverty in half ? how policy reform and effective aid can meet international development goals," Policy Research Working Paper Series 2403, The World Bank.
- Khan, Mohsin S. & Montiel, Peter & Haque, Nadeem U., 1990. "Adjustment with growth : Relating the analytical approaches of the IMF and the World Bank," Journal of Development Economics, Elsevier, vol. 32(1), pages 155-179, January.
- Sanford, Jonathan E., 2004. "IDA Grants and HIPC Debt Cancellation: Their Effectiveness and Impact on IDA Resources," World Development, Elsevier, vol. 32(9), pages 1579-1607, September.
- Boone, Peter, 1996. "Politics and the effectiveness of foreign aid," European Economic Review, Elsevier, vol. 40(2), pages 289-329, February.
- Sushanta Mallick, 2001. "Dynamics of Macroeconomic Adjustment with Growth: Some Simulation Results," International Economic Journal, Taylor & Francis Journals, vol. 15(1), pages 115-139.
- Michael Hutchison, 2003.
"A Cure Worse Than the Disease? Currency Crises and the Output Costs of IMF-Supported Stabilization Programs,"
NBER Chapters, in: Managing Currency Crises in Emerging Markets, pages 321-359,
National Bureau of Economic Research, Inc.
- Michael M. Hutchison, "undated". "A Cure Worse Than The Disease? Currency Crises and the Output Costs of IMF-Supported Stabilization Programs," EPRU Working Paper Series 01-09, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics.
- Michael M. Hutchison, 2001. "A cure worse than the disease? currency crises and the output costs of IMF-supported stabilization programs," Pacific Basin Working Paper Series 2001-02, Federal Reserve Bank of San Francisco.
- Michael M. Hutchison, 2001. "A Cure Worse Than the Disease? Currency Crises and the Output Costs of IMF-Supported Stabilization Programs," NBER Working Papers 8305, National Bureau of Economic Research, Inc.
- Przeworski, Adam & Vreeland, James Raymond, 2000. "The effect of IMF programs on economic growth," Journal of Development Economics, Elsevier, vol. 62(2), pages 385-421, August.
- Dicks-Mireaux, Louis & Mecagni, Mauro & Schadler, Susan, 2000. "Evaluating the effect of IMF lending to low-income countries," Journal of Development Economics, Elsevier, vol. 61(2), pages 495-526, April.
- Fischer, Stanley, 1993.
"The role of macroeconomic factors in growth,"
Journal of Monetary Economics, Elsevier, vol. 32(3), pages 485-512, December.
- Stanley Fischer, 1993. "The Role of Macroeconomic Factors in Growth," NBER Working Papers 4565, National Bureau of Economic Research, Inc.
- Edward Marcus, 2002. "The History of The World Bank," Economic Journal, Royal Economic Society, vol. 112(477), pages 119-135, February.
- Sushanta Mallick & Brigitte Granville, 2005. "How best to link poverty reduction and debt sustainability in IMF-World Bank models?," International Review of Applied Economics, Taylor & Francis Journals, vol. 19(1), pages 67-85.
- Polak, Jacques J., 1998. "The IMF monetary model at 40," Economic Modelling, Elsevier, vol. 15(3), pages 395-410, July.
- Paul Mosley & John Hudson & Arjan Verschoor, 2004. "Aid, Poverty Reduction and the 'New Conditionality'," Economic Journal, Royal Economic Society, vol. 114(496), pages 217-243, June.
- Sanford, Jonathan E., 2002. "World Bank: IDA Loans or IDA Grants?," World Development, Elsevier, vol. 30(5), pages 741-762, May.
- Gilbert, Christopher & Powell, Andrew & Vines, David, 1999. "Positioning the World Bank," Economic Journal, Royal Economic Society, vol. 109(459), pages 598-633, November.
- Frey, Bruno S. & Schneider, Friedrich, 1986. "Competing models of international lending activity," Journal of Development Economics, Elsevier, vol. 20(2), pages 225-245, March.
- Evrensel, Ayse Y., 2002. "Effectiveness of IMF-supported stabilization programs in developing countries," Journal of International Money and Finance, Elsevier, vol. 21(5), pages 565-587, October.
- Bleaney, Michael F., 1996. "Macroeconomic stability, investment and growth in developing countries," Journal of Development Economics, Elsevier, vol. 48(2), pages 461-477, March.
- G. Bird & D. Rowlands, 2001. "World Bank Lending And Other Financial Flows: Is There a Connection?," Journal of Development Studies, Taylor & Francis Journals, vol. 37(5), pages 83-103.
- Anne O. Krueger & Sarath Rajapatirana, 1999. "The World Bank Policies Towards Trade and Trade Policy Reform," The World Economy, Wiley Blackwell, vol. 22(6), pages 717-740, August.
- Manuel Arellano & Stephen Bond, 1991.
"Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(2), pages 277-297.
- Tom Doan, "undated". "RATS program to replicate Arellano-Bond 1991 dynamic panel," Statistical Software Components RTZ00169, Boston College Department of Economics.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Sushanta Mallick & Tomoe Moore, 2008.
"Foreign Capital in a Growth Model,"
Review of Development Economics, Wiley Blackwell, vol. 12(1), pages 143-159, February.
- Sushanta Mallick & Tomoe Moore, 2007. "Foreign Capital in a Growth Model," Working Papers 5, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research.
- Faisal, Faisal & Sulaiman, Yasir & Tursoy, Turgut, 2019. "Does an asymmetric nexus exist between financial deepening and natural resources for emerging economy? Evidence from multiple break cointegration test," Resources Policy, Elsevier, vol. 64(C).
- Silvia Marchesi & Emanuela Sirtori, 2011. "Is two better than one? The effects of IMF and World Bank interaction on growth," The Review of International Organizations, Springer, vol. 6(3), pages 287-306, September.
- Kevin Sylwester, 2008. "Foreign Aid and Urbanization in Developing Countries," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 7(2), pages 153-166, August.
- Gokmenoglu, Korhan K. & Rustamov, Bezhan, 2019. "Examining the World Bank Group lending and natural resource abundance induced financial development in KART countries," Resources Policy, Elsevier, vol. 63(C), pages 1-1.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Sushanta Mallick & Tomoe Moore, 2008.
"Foreign Capital in a Growth Model,"
Review of Development Economics, Wiley Blackwell, vol. 12(1), pages 143-159, February.
- Sushanta Mallick & Tomoe Moore, 2007. "Foreign Capital in a Growth Model," Working Papers 5, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research.
- Strand, Jon, 2009. ""Revenue management"effects related to financial flows generated by climate policy," Policy Research Working Paper Series 5053, The World Bank.
- Butkiewicz, James L. & Yanikkaya, Halit, 2005. "The Effects of IMF and World Bank Lending on Long-Run Economic Growth: An Empirical Analysis," World Development, Elsevier, vol. 33(3), pages 371-391, March.
- Temple, Jonathan R.W., 2010. "Aid and Conditionality," Handbook of Development Economics, in: Dani Rodrik & Mark Rosenzweig (ed.), Handbook of Development Economics, edition 1, volume 5, chapter 0, pages 4415-4523, Elsevier.
- Minoiu, Camelia & Reddy, Sanjay G., 2010.
"Development aid and economic growth: A positive long-run relation,"
The Quarterly Review of Economics and Finance, Elsevier, vol. 50(1), pages 27-39, February.
- Sanjay G. Reddy & Camelia Minoiu, 2006. "Development Aid and Economic Growth: A Positive Long-Run Relation," Working Papers 29, United Nations, Department of Economics and Social Affairs.
- Sanjay Reddy & Ms. Camelia Minoiu, 2009. "Development Aid and Economic Growth: A Positive Long-Run Relation," IMF Working Papers 2009/118, International Monetary Fund.
- Johnson P. Asiama & Peter Quartey, 2009. "Foreign Aid and the Human Development Indicators in Sub-Saharan Africa," Journal of Developing Societies, , vol. 25(1), pages 57-83, January.
- Mina Baliamoune‐Lutz & George Mavrotas, 2009.
"Aid Effectiveness: Looking at the Aid–Social Capital–Growth Nexus,"
Review of Development Economics, Wiley Blackwell, vol. 13(3), pages 510-525, August.
- Mina Baliamoune-Lutz & George Mavrotas, 2008. "Aid Effectiveness: Looking at the Aid-Social Capital-Growth Nexus," WIDER Working Paper Series RP2008-75, World Institute for Development Economic Research (UNU-WIDER).
- Michal Chervin & Sweder van Wijnbergen, 2010. "Economic Growth and the Volatility of Foreign Aid," Tinbergen Institute Discussion Papers 10-002/2, Tinbergen Institute.
- Boockmann, Bernhard & Dreher, Axel, 2003.
"The contribution of the IMF and the World Bank to economic freedom,"
European Journal of Political Economy, Elsevier, vol. 19(3), pages 633-649, September.
- Boockmann, Bernhard & Dreher, Axel, 2002. "The Contribution of the IMF and the World Bank to Economic Freedom," ZEW Discussion Papers 02-18, ZEW - Leibniz Centre for European Economic Research.
- Bernhard Boockmann & Axel Dreher, 2002. "The Contribution of the IMF and the World Bank to Economic Freedom," International Finance 0207001, University Library of Munich, Germany.
- Tadesse, Tasew, 2011. "Foreign aid and economic growth in Ethiopia," MPRA Paper 33953, University Library of Munich, Germany, revised 20 Sep 2011.
- Juergen Bitzer & Erkan Goeren, 2018. "Foreign Aid and Subnational Development: A Grid Cell Analysis," Working Papers V-407-18, University of Oldenburg, Department of Economics, revised Mar 2018.
- Stephen Knowles, 2007. "Social capital, egalitarianism and foreign aid allocations," Journal of International Development, John Wiley & Sons, Ltd., vol. 19(3), pages 299-314.
- Geetilaxmi MOHAPATRA & A. K. GIRI & Madhu SEHRAWAT, 2016. "Foreign aid, macroeconomic policies and economic growth nexus in India: An ARDL bounds testing approach," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(609), W), pages 183-202, Winter.
- Saima Liaqat & Hafiz Khalil Ahmad & Temesgen Kifle & Mohammad Alauddin, 2019. "The Aid, Macroeconomic Policy Environment and Growth Nexus: Evidence from Selected Asian Countries," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 24(1), pages 83-102, Jan-June.
- Innocent .U. Duru & Bartholomew .O.N. Okafor & Millicent Adanne Eze & Gabriel .O. Ebenyi, 2020. "Foreign Aid and Economic Growth: Empirical Evidence from Nigeria," Growth, Asian Online Journal Publishing Group, vol. 7(1), pages 35-50.
- Mark McGillivray, 2006.
"Aid Allocation and Fragile States,"
WIDER Working Paper Series
DP2006-01, World Institute for Development Economic Research (UNU-WIDER).
- Mark McGillivray, 2010. "Aid Allocation and Fragile States," Working Papers id:3062, eSocialSciences.
- Dreher, Axel, 2006.
"IMF and economic growth: The effects of programs, loans, and compliance with conditionality,"
World Development, Elsevier, vol. 34(5), pages 769-788, May.
- Axel Dreher, 2004. "IMF and Economic Growth: The Effects of Programs, Loans, and Compliance with Conditionality," TWI Research Paper Series 1, Thurgauer Wirtschaftsinstitut, Universität Konstanz.
- Dreher, Axel, 2005. "IMF and Economic Growth: The Effects of Programs, Loans, and Compliance with Conditionality," Proceedings of the German Development Economics Conference, Kiel 2005 11, Verein für Socialpolitik, Research Committee Development Economics.
- Axel Dreher, 2004. "IMF and Economic Growth: The Effects of Programs, Loans, and Compliance with Conditionality," International Finance 0404004, University Library of Munich, Germany, revised 13 Aug 2005.
- Patrick GUILLAUMONT, 2009.
"Aid effectiveness for poverty reduction: macroeconomic overview and emerging issues,"
Working Papers
P05, FERDI.
- Patrick Guillaumont, 2011. "Aid effectiveness for poverty reduction:macroeconomic overview and emerging issues," Working Papers halshs-00554285, HAL.
- Patrick GUILLAUMONT, 2009. "Aid effectiveness for poverty reduction:macroeconomic overview and emerging issues," Working Papers 200917, CERDI.
- Patrick GUILLAUMONT, 2009. "Aid effectiveness for poverty reduction: macroeconomic overview and emerging issues," Working Papers P05, FERDI.
- Carl-Johan Dalgaard & Henrik Hansen & Finn Tarp, 2004.
"On The Empirics of Foreign Aid and Growth,"
Economic Journal, Royal Economic Society, vol. 114(496), pages 191-216, June.
- Carl-Johan Dalgaard & Henrik Hansen & Finn Tarp, 2001. "On the Empirics of Foreign Aid and Growth," EPRU Working Paper Series 03-13, Economic Policy Research Unit (EPRU), University of Copenhagen. Department of Economics, revised Sep 2003.
- Dalgaard, Carl-Johan & Hansen, Henrik & Tarp, Finn, 2002. "On the Empirics of Foreign Aid and Growth," MPRA Paper 63696, University Library of Munich, Germany.
- Mina Baliamoune-Lutz, 2012.
"Do Institutions And Social Cohesion Enhance The Effectiveness Of Aid? New Evidence From Africa,"
Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 3(01), pages 1-19.
- Mina Baliamoune-Lutz, 2011. "Do institutions and social cohesion enhance the effectiveness of aid? New Evidence from Africa," ICER Working Papers 13-2011, ICER - International Centre for Economic Research.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecosys:v:29:y:2005:i:4:p:366-383. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: https://edirc.repec.org/data/osteide.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.