US politics and World Bank IDA-lending

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningfagfællebedømt

This paper studies the role of US political factors in the allocation of World Bank concessional lending, where US political interests are proxied by voting similarity in the United Nations General Assembly on issues identified as important by the US Department of State. In contrast to previous studies we find that the US exerted a significant influence on IDA lending during the period 1993-2000. We demonstrate that the influence was both statistically as well as economically significant. Finally, we demonstrate that our result is robust with respect to the omission of the IDA Country Performance Rating index
TidsskriftJournal of Development Studies
Udgave nummer5
Sider (fra-til)772-794
StatusUdgivet - 2006

Bibliografisk note

JEL Classification: F34, F35, 019

ID: 324401