World Bank Lending and the Quality of Economic Policy

This study investigates the impact of World Bank development policy lending on the quality of economic policy. It finds that the quality of policy increases, but at a diminishing rate, with the cumulative number of policy loans. Similar results hold for the cumulative number of conditions attached t...

Full description

Bibliographic Details
Main Authors: Smets, Lodewijk, Knack, Stephen
Format: Journal Article
Language:en_US
Published: Taylor and Francis 2015
Subjects:
Online Access:http://hdl.handle.net/10986/23525