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Good Countries or Good Projects : Macro and Micro Correlates of World Bank Project Performance / Cevdet Denizer
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Denizer, Cevdet
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Aggregate Country-Level Approach.
- Banks & Banking Reform.
- Country Strategy & Performance.
- Economic Rates of Return.
- Economic Theory & Research.
- Housing & Human Habitats.
- Macroeconomics and Economic Growth.
- Performance Based Allocation.
- Poverty Monitoring & Analysis.
- Project-Level Outcomes.
- World Bank-Financed Projects.
- Local Subjects:
- Aggregate Country-Level Approach.
- Banks & Banking Reform.
- Country Strategy & Performance.
- Economic Rates of Return.
- Economic Theory & Research.
- Housing & Human Habitats.
- Macroeconomics and Economic Growth.
- Performance Based Allocation.
- Poverty Monitoring & Analysis.
- Project-Level Outcomes.
- World Bank-Financed Projects.
- Physical Description:
- 1 online resource (36 pages)
- Other Title:
- Good Countries or Good Projects
- Place of Publication:
- Washington, D.C., The World Bank, 2011
- System Details:
- data file
- Summary:
- 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.
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