Good Countries or Good Projects? Macro and Micro Correlates of World Bank Project Performance
The authors use data from more than 6,000 World Bank projects evaluated between 1983 and 2009 to investigate macro and micro correlates of project outcomes. They find that country-level "macro" measures of the quality of policies and inst...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110502085201 http://hdl.handle.net/10986/3410 |
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okr-10986-34102021-04-23T14:02:09Z Good Countries or Good Projects? Macro and Micro Correlates of World Bank Project Performance Denizer, Cevdet Kaufmann, Daniel Kraay, Aart ACCOUNTING ADJUSTMENT OPERATIONS ADJUSTMENT PROGRAMS AGRICULTURE BANK LENDING BENCHMARK COMMUNITIES COMPLEMENTARITIES COUNTRY EFFECTS COUNTRY PROJECT DESCRIPTION DEVELOPMENT ASSISTANCE DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DEVELOPMENT PROJECTS ECONOMIC GROWTH ECONOMIC RATE OF RETURN ECONOMIC SECTORS ECONOMIC SURVEYS EVALUATION METHODS FINANCIAL MANAGEMENT FINANCIAL SECTOR FLEXIBILITY GDP GENDER ICR IMPLEMENTATION COMPLETION REPORT INFLATION INFLATION RATE INFRASTRUCTURE PROJECTS INSTITUTIONAL DEVELOPMENT INTERVENTION LEADING INDICATORS MACROECONOMIC POLICIES MACROECONOMIC SHOCKS MACROECONOMIC STABILITY MACROECONOMICS MONITORING DATA POLITICAL ECONOMY POVERTY REDUCTION PRODUCTIVITY PROGRAMS PROJECT EVALUATION PROJECT MANAGEMENT PROJECT MONITORING PROJECT OBJECTIVES PROJECT PERFORMANCE REAL GDP RURAL DEVELOPMENT STATISTICAL ANALYSIS STRUCTURAL ADJUSTMENT SUBSIDIARY TARGETING TASK MANAGERS TRANSPORT URBAN DEVELOPMENT The authors use data from more than 6,000 World Bank projects evaluated between 1983 and 2009 to investigate macro and micro correlates of project outcomes. They find that country-level "macro" measures of the quality of policies and institutions are very strongly correlated with project outcomes, confirming the importance of country-level performance for the effective use of aid resources. However, a striking feature of the data is that the success of individual development projects varies much more within countries than it does between countries. The authors assemble a large set of project-level "micro" correlates of project outcomes in an effort to explain some of this within-country variation. They find that measures of project size, the extent of project supervision, and evaluation lags are all significantly correlated with project outcomes, as are early-warning indicators that flag problematic projects during the implementation stage. They also find that measures of World Bank project task manager quality matter significantly for the ultimate outcome of projects. They discuss the implications of these findings for donor policies aimed at aid effectiveness. 2012-03-19T18:01:59Z 2012-03-19T18:01:59Z 2011-05-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110502085201 http://hdl.handle.net/10986/3410 English Paper is funded by the Knowledge for Change Program (KCP),Policy Research working paper ; no. WPS 5646 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper The World Region The World Region |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCOUNTING ADJUSTMENT OPERATIONS ADJUSTMENT PROGRAMS AGRICULTURE BANK LENDING BENCHMARK COMMUNITIES COMPLEMENTARITIES COUNTRY EFFECTS COUNTRY PROJECT DESCRIPTION DEVELOPMENT ASSISTANCE DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DEVELOPMENT PROJECTS ECONOMIC GROWTH ECONOMIC RATE OF RETURN ECONOMIC SECTORS ECONOMIC SURVEYS EVALUATION METHODS FINANCIAL MANAGEMENT FINANCIAL SECTOR FLEXIBILITY GDP GENDER ICR IMPLEMENTATION COMPLETION REPORT INFLATION INFLATION RATE INFRASTRUCTURE PROJECTS INSTITUTIONAL DEVELOPMENT INTERVENTION LEADING INDICATORS MACROECONOMIC POLICIES MACROECONOMIC SHOCKS MACROECONOMIC STABILITY MACROECONOMICS MONITORING DATA POLITICAL ECONOMY POVERTY REDUCTION PRODUCTIVITY PROGRAMS PROJECT EVALUATION PROJECT MANAGEMENT PROJECT MONITORING PROJECT OBJECTIVES PROJECT PERFORMANCE REAL GDP RURAL DEVELOPMENT STATISTICAL ANALYSIS STRUCTURAL ADJUSTMENT SUBSIDIARY TARGETING TASK MANAGERS TRANSPORT URBAN DEVELOPMENT |
| spellingShingle |
ACCOUNTING ADJUSTMENT OPERATIONS ADJUSTMENT PROGRAMS AGRICULTURE BANK LENDING BENCHMARK COMMUNITIES COMPLEMENTARITIES COUNTRY EFFECTS COUNTRY PROJECT DESCRIPTION DEVELOPMENT ASSISTANCE DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DEVELOPMENT PROJECTS ECONOMIC GROWTH ECONOMIC RATE OF RETURN ECONOMIC SECTORS ECONOMIC SURVEYS EVALUATION METHODS FINANCIAL MANAGEMENT FINANCIAL SECTOR FLEXIBILITY GDP GENDER ICR IMPLEMENTATION COMPLETION REPORT INFLATION INFLATION RATE INFRASTRUCTURE PROJECTS INSTITUTIONAL DEVELOPMENT INTERVENTION LEADING INDICATORS MACROECONOMIC POLICIES MACROECONOMIC SHOCKS MACROECONOMIC STABILITY MACROECONOMICS MONITORING DATA POLITICAL ECONOMY POVERTY REDUCTION PRODUCTIVITY PROGRAMS PROJECT EVALUATION PROJECT MANAGEMENT PROJECT MONITORING PROJECT OBJECTIVES PROJECT PERFORMANCE REAL GDP RURAL DEVELOPMENT STATISTICAL ANALYSIS STRUCTURAL ADJUSTMENT SUBSIDIARY TARGETING TASK MANAGERS TRANSPORT URBAN DEVELOPMENT Denizer, Cevdet Kaufmann, Daniel Kraay, Aart Good Countries or Good Projects? Macro and Micro Correlates of World Bank Project Performance |
| geographic_facet |
The World Region The World Region |
| relation |
Paper is funded by the Knowledge for Change
Program (KCP),Policy Research working paper ; no. WPS 5646 |
| description |
The authors use data from more than
6,000 World Bank projects evaluated between 1983 and 2009 to
investigate macro and micro correlates of project outcomes.
They find that country-level "macro" measures of
the quality of policies and institutions are very strongly
correlated with project outcomes, confirming the importance
of country-level performance for the effective use of aid
resources. However, a striking feature of the data is that
the success of individual development projects varies much
more within countries than it does between countries. The
authors assemble a large set of project-level
"micro" correlates of project outcomes in an
effort to explain some of this within-country variation.
They find that measures of project size, the extent of
project supervision, and evaluation lags are all
significantly correlated with project outcomes, as are
early-warning indicators that flag problematic projects
during the implementation stage. They also find that
measures of World Bank project task manager quality matter
significantly for the ultimate outcome of projects. They
discuss the implications of these findings for donor
policies aimed at aid effectiveness. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Denizer, Cevdet Kaufmann, Daniel Kraay, Aart |
| author_facet |
Denizer, Cevdet Kaufmann, Daniel Kraay, Aart |
| author_sort |
Denizer, Cevdet |
| title |
Good Countries or Good Projects? Macro and Micro Correlates of World Bank Project Performance |
| title_short |
Good Countries or Good Projects? Macro and Micro Correlates of World Bank Project Performance |
| title_full |
Good Countries or Good Projects? Macro and Micro Correlates of World Bank Project Performance |
| title_fullStr |
Good Countries or Good Projects? Macro and Micro Correlates of World Bank Project Performance |
| title_full_unstemmed |
Good Countries or Good Projects? Macro and Micro Correlates of World Bank Project Performance |
| title_sort |
good countries or good projects? macro and micro correlates of world bank project performance |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110502085201 http://hdl.handle.net/10986/3410 |
| _version_ |
1764386943439732736 |