The Success of Infrastructure Projects in Low-Income Countries and the Role of Selectivity
This research analyzes the success of the infrastructure projects financed by the World Bank, focusing on the causal link between the quality of project implementation and its outcome. The results show that the success of infrastructure projects de...
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| Format: | Policy Research Working Paper |
| Language: | English |
| Published: |
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_20110620135046 http://hdl.handle.net/10986/3458 |
| Summary: | This research analyzes the success of
the infrastructure projects financed by the World Bank,
focusing on the causal link between the quality of project
implementation and its outcome. The results show that the
success of infrastructure projects depends fundamentally on
the quality of implementation. Although bad implementation
can harm structurally solid projects, good implementation
cannot make structurally weak projects successful. This
leads to the conclusion that governance and selection of
well-designed projects are essential for success and, in
order to improve project outcomes, multilateral development
banks may need to align their incentives toward this
objective and invest more in governance and capacity building. |
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