IDEAS home Printed from https://ideas.repec.org/p/ags/cudawp/127298.html
   My bibliography  Save this paper

IFI's and IPG's: Operational Implications for the World Bank

Author

Listed:
  • Kanbur, Ravi

Abstract

The global International Financial Institutions (IFI’s) increasingly justify their operations in terms of the provision of International Public Goods (IPG’s). This is partly because there appears to be support among the rich countries of the North for expenditures on these IPG’s, in contrast to the “aid fatigue” that afflicts the channeling of country specific assistance. But do the IFI’s necessarily have to be involved in the provision of IPG’s? If they do, what are the terms and conditions of that engagement? How does current practice compare to the ideal? And what reforms are needed to move us closer to the ideal? These are the questions that this paper attempts to ask, in the framework of the theory of International Public Goods, and in light of the practice of International Financial Institutions, the World Bank in particular. For the World Bank, a series of specific operational and resource reallocation implications are drawn from the reasoning.

Suggested Citation

  • Kanbur, Ravi, 2002. "IFI's and IPG's: Operational Implications for the World Bank," Working Papers 127298, Cornell University, Department of Applied Economics and Management.
    • Handle: RePEc:ags:cudawp:127298
    DOI: 10.22004/ag.econ.127298
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/127298/files/Cornell_Dyson_wp0217.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.127298?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Jayaraman, Rajshri & Kanbur, Ravi, 1999. "International Public Goods and the Case for Foreign Aid," Working Papers 127684, Cornell University, Department of Applied Economics and Management.
    2. Marco Ferroni & Ashoka Mody, 2002. "International Public Goods : Incentives, Measurement, and Financing," World Bank Publications - Books, The World Bank Group, number 15238.
    3. Christopher D. Gerrard & Marco Ferroni & Ashoka Mody, 2001. "Global Public Policies and Programs : Implications for Financing and Evaluation," World Bank Publications - Books, The World Bank Group, number 13956.
    4. Finn Tarp, 2006. "Aid and Development," Discussion Papers 06-12, University of Copenhagen. Department of Economics.
    5. Cornes,Richard & Sandler,Todd, 1996. "The Theory of Externalities, Public Goods, and Club Goods," Cambridge Books, Cambridge University Press, number 9780521477185, September.
    6. Todd Sandler, 1998. "Global and regional public goods: a prognosis for collective action," Fiscal Studies, Institute for Fiscal Studies, vol. 19(3), pages 221-247, August.
    7. Kanbur, Ravi & Sandler, Todd & Morrison, Kevin, 1999. "The Future of Development Assistance: Common Pools and International Public Goods," Staff General Research Papers Archive 1629, Iowa State University, Department of Economics.
    8. Kanbur, Ravi, 2001. "Cross-Border Externalities, International Public Goods and Their Implications for Aid Agencies," Working Papers 127364, Cornell University, Department of Applied Economics and Management.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. David Lewis & Anthony J. Bebbington & Simon P. J. Batterbury & Alpa Shah & Elizabeth Olson & M. Shameem Siddiqi & Sandra Duvall, 2003. "Practice, power and meaning: frameworks for studying organizational culture in multi-agency rural development projects," Journal of International Development, John Wiley & Sons, Ltd., vol. 15(5), pages 541-557.
    2. Raechelle Mascarenhas & Todd Sandler, 2005. "Donors’ Mechanisms for Financing International and National Public Goods: Loans or Grants?," The World Economy, Wiley Blackwell, vol. 28(8), pages 1095-1117, August.
    3. Iyanatul ISLAM, 2005. "Circumventing macroeconomic conservatism: A policy framework for growth, employment and poverty reduction," International Labour Review, International Labour Organization, vol. 144(1), pages 55-84, March.

    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.
    1. Ravi KANBUR, 2002. "International Financial Institutions And International Public Goods: Operational Implications For The World Bank," G-24 Discussion Papers 19, United Nations Conference on Trade and Development.
    2. P. B. Anand, 2004. "Financing the Provision of Global Public Goods," The World Economy, Wiley Blackwell, vol. 27(2), pages 215-237, February.
    3. Alessandra Cepparulo & Luisa Giuriato, 2012. "Global Challenges and Country-Specific Responses through Aid Financing of Global Public Goods," Working Papers in Public Economics 156, Department of Economics and Law, Sapienza University of Roma.
    4. Kanbur, Ravi, 2006. "The economics of international aid," Handbook on the Economics of Giving, Reciprocity and Altruism, in: S. Kolm & Jean Mercier Ythier (ed.), Handbook of the Economics of Giving, Altruism and Reciprocity, edition 1, volume 1, chapter 26, pages 1559-1588, Elsevier.
    5. Todd Sandler, 2006. "Regional public goods and international organizations," The Review of International Organizations, Springer, vol. 1(1), pages 5-25, March.
    6. Todd Sandler & Daniel G. Arce, 2007. "New face of development assistance: public goods and changing ethics," Journal of International Development, John Wiley & Sons, Ltd., vol. 19(4), pages 527-544.
    7. Sandler, Todd, 2001. "On financing global and international public goods," Policy Research Working Paper Series 2638, The World Bank.
    8. Todd Sandler, 2009. "Intergenerational Public Goods: Transnational Considerations," Scottish Journal of Political Economy, Scottish Economic Society, vol. 56(3), pages 353-370, July.
    9. Raechelle Mascarenhas & Todd Sandler, 2006. "Do donors cooperatively fund foreign aid?," The Review of International Organizations, Springer, vol. 1(4), pages 337-357, December.
    10. Hielscher, Stefan & Pies, Ingo, 2005. "Internationale öffentliche Güter: Ein neues Paradigma der Entwicklungspolitik?," Discussion Papers 2005-5, Martin Luther University of Halle-Wittenberg, Chair of Economic Ethics.
    11. Khusrav Gaibulloev & Todd Sandler, 2012. "Aid for AIDS in Africa," Empirical Economics, Springer, vol. 43(3), pages 1171-1197, December.
    12. Dana G. Dalrymple, 2008. "International agricultural research as a global public good: concepts, the CGIAR experience and policy issues," Journal of International Development, John Wiley & Sons, Ltd., vol. 20(3), pages 347-379.
    13. Huffman, Wallace E., 2001. "Human capital: Education and agriculture," Handbook of Agricultural Economics, in: B. L. Gardner & G. C. Rausser (ed.), Handbook of Agricultural Economics, edition 1, volume 1, chapter 7, pages 333-381, Elsevier.
    14. Knack, Stephen & Rahman, Aminur, 2007. "Donor fragmentation and bureaucratic quality in aid recipients," Journal of Development Economics, Elsevier, vol. 83(1), pages 176-197, May.
    15. Dulbecco, Philippe & Laporte, Bertrand, 2005. "How can the security of international trade be financed in developing countries? A global public good Approach," World Development, Elsevier, vol. 33(8), pages 1201-1214, August.
    16. Huffman, Wallace E. & Evenson, Robert E., 2003. "Determinants Of The Demand For State Agricultural Experiment Station Resources: A Demand-System Approach," Working Papers 18206, Iowa State University, Department of Economics.
    17. Sonntag, Diana, 2012. "Rethinking aid for AIDS A public good approach," VfS Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century 62080, Verein für Socialpolitik / German Economic Association.
    18. Bigsten, Arne, 2006. "Aid and Economic Development in Africa," Working Papers in Economics 237, University of Gothenburg, Department of Economics.
    19. Alexandre SAUQUET, 2011. "Exploring the Nature of Strategic Interactions in the Ratification Process of the Kyoto Protocol," Working Papers 201119, CERDI.
    20. Buchholz Wolfgang & Heindl Peter, 2015. "Ökonomische Herausforderungen des Klimawandels," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 16(4), pages 324-350, December.

    More about this item

    Keywords

    International Development;

    Statistics

    Access and download statistics

    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:ags:cudawp:127298. 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/dacorus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.