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Too many cooks in the kitchen?: The division of financing in World Bank projects and project performance

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  • Matthew S. Winters

Abstract

The total funding envelope for World Bank projects is often divided among various state and non-state actors, each of which can have competing ideas about or interests in the project. How does the division of financing relate to overall project effectiveness? I argue that too many funding streams in a project can reduce project effectiveness by creating delays, increasing transaction costs, and blurring lines of accountability.

Suggested Citation

  • Matthew S. Winters, 2019. "Too many cooks in the kitchen?: The division of financing in World Bank projects and project performance," WIDER Working Paper Series wp-2019-6, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2019-6
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    Keywords

    Aid effectiveness; Foreign aid; Funding; World Bank;
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