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Analysis of the distribution of World Bank disbursements in Latin America between 1985 and 2010 [Analysis of the distribution of World Bank disbursements in Latin America between 1985 and 2010]

Author

Listed:
  • Renato Câmara Nunes Dias

    (USP)

  • Carlos César Santejo Saiani

    (UFU)

  • Carlos Eduardo Carvalho

    (PUC-SP)

  • Ana Lúcia Pinto da Silva

    (Universidade Presbiteriana Mackenzie)

Abstract

This article analyzes the distribution of World Bank disbursements in Latin America and the Caribbean, in the period between 1985 and 2010, among countries and economic sectors. Its objective is to identify tendencies that help understand the criteria that guide WB activities and how these criteria relate to WB's understanding on its declared mission of combating extreme poverty. The article tests the existence of such criteria, with the econometric analysis of disbursements per country in relation to per capita income, poverty, GINI index, population, political regimes, investment, and government expenditure. Disbursements distribution among economic sectors is also analysed in selected timespans. In order to analyse the results, the article uses the criterion of "adherence" among the priorities in resources distribution, countries' indicators and the nature of privileged sectors. The analysis on resources distribution may also contribute to the understanding of how the WB understands the meaning of the guidelines it states.

Suggested Citation

  • Renato Câmara Nunes Dias & Carlos César Santejo Saiani & Carlos Eduardo Carvalho & Ana Lúcia Pinto da Silva, 2016. "Analysis of the distribution of World Bank disbursements in Latin America between 1985 and 2010 [Analysis of the distribution of World Bank disbursements in Latin America between 1985 and 2010]," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 26(2), pages 393-427, May-Augus.
    • Handle: RePEc:nov:artigo:v:26:y:2016:i:2:p:393-427
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    References listed on IDEAS

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    More about this item

    Keywords

    distribution of World Bank disbursements; Latin America and the Caribbean; poverty; extreme poverty; international aid;
    All these keywords.

    JEL classification:

    • F35 - International Economics - - International Finance - - - Foreign Aid
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General

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