Too Many Cooks in the Kitchen? The Division of Financing in World Bank Projects and Project Performance

Detalhes bibliográficos
Autor(a) principal: Winters, Matthew S.
Data de Publicação: 2019
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: https://doi.org/10.17645/pag.v7i2.1826
Resumo: The total funding envelope for World Bank projects is often divided among various state and non-state actors, each of which can have competing ideas about or interests in the project. How does the division of financing relate to overall project effectiveness? I argue that too many funding streams in a project can reduce project effectiveness by creating delays, increasing transaction costs, and blurring lines of accountability. I combine original data on the number and concentration of financial collaborators in World Bank projects with the World Bank’s ratings of project performance, looking at within-country variation across projects to explore whether or not there is evidence of reduced aid effectiveness in projects with more participants. The results suggest that projects with significant cofinancing receive somewhat worse project ratings.
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spelling Too Many Cooks in the Kitchen? The Division of Financing in World Bank Projects and Project Performanceaid effectiveness; cofinancing; foreign aid; World BankThe total funding envelope for World Bank projects is often divided among various state and non-state actors, each of which can have competing ideas about or interests in the project. How does the division of financing relate to overall project effectiveness? I argue that too many funding streams in a project can reduce project effectiveness by creating delays, increasing transaction costs, and blurring lines of accountability. I combine original data on the number and concentration of financial collaborators in World Bank projects with the World Bank’s ratings of project performance, looking at within-country variation across projects to explore whether or not there is evidence of reduced aid effectiveness in projects with more participants. The results suggest that projects with significant cofinancing receive somewhat worse project ratings.Cogitatio2019-06-05info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttps://doi.org/10.17645/pag.v7i2.1826oai:ojs.cogitatiopress.com:article/1826Politics and Governance; Vol 7, No 2 (2019): Aid Impact and Effectiveness; 117-1262183-2463reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAPenghttps://www.cogitatiopress.com/politicsandgovernance/article/view/1826https://doi.org/10.17645/pag.v7i2.1826https://www.cogitatiopress.com/politicsandgovernance/article/view/1826/1826Copyright (c) 2019 UNU-WIDERhttp://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessWinters, Matthew S.2022-12-22T15:16:28Zoai:ojs.cogitatiopress.com:article/1826Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T16:22:25.068917Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Too Many Cooks in the Kitchen? The Division of Financing in World Bank Projects and Project Performance
title Too Many Cooks in the Kitchen? The Division of Financing in World Bank Projects and Project Performance
spellingShingle Too Many Cooks in the Kitchen? The Division of Financing in World Bank Projects and Project Performance
Winters, Matthew S.
aid effectiveness; cofinancing; foreign aid; World Bank
title_short Too Many Cooks in the Kitchen? The Division of Financing in World Bank Projects and Project Performance
title_full Too Many Cooks in the Kitchen? The Division of Financing in World Bank Projects and Project Performance
title_fullStr Too Many Cooks in the Kitchen? The Division of Financing in World Bank Projects and Project Performance
title_full_unstemmed Too Many Cooks in the Kitchen? The Division of Financing in World Bank Projects and Project Performance
title_sort Too Many Cooks in the Kitchen? The Division of Financing in World Bank Projects and Project Performance
author Winters, Matthew S.
author_facet Winters, Matthew S.
author_role author
dc.contributor.author.fl_str_mv Winters, Matthew S.
dc.subject.por.fl_str_mv aid effectiveness; cofinancing; foreign aid; World Bank
topic aid effectiveness; cofinancing; foreign aid; World Bank
description The total funding envelope for World Bank projects is often divided among various state and non-state actors, each of which can have competing ideas about or interests in the project. How does the division of financing relate to overall project effectiveness? I argue that too many funding streams in a project can reduce project effectiveness by creating delays, increasing transaction costs, and blurring lines of accountability. I combine original data on the number and concentration of financial collaborators in World Bank projects with the World Bank’s ratings of project performance, looking at within-country variation across projects to explore whether or not there is evidence of reduced aid effectiveness in projects with more participants. The results suggest that projects with significant cofinancing receive somewhat worse project ratings.
publishDate 2019
dc.date.none.fl_str_mv 2019-06-05
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://doi.org/10.17645/pag.v7i2.1826
oai:ojs.cogitatiopress.com:article/1826
url https://doi.org/10.17645/pag.v7i2.1826
identifier_str_mv oai:ojs.cogitatiopress.com:article/1826
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://www.cogitatiopress.com/politicsandgovernance/article/view/1826
https://doi.org/10.17645/pag.v7i2.1826
https://www.cogitatiopress.com/politicsandgovernance/article/view/1826/1826
dc.rights.driver.fl_str_mv Copyright (c) 2019 UNU-WIDER
http://creativecommons.org/licenses/by/4.0
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2019 UNU-WIDER
http://creativecommons.org/licenses/by/4.0
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Cogitatio
publisher.none.fl_str_mv Cogitatio
dc.source.none.fl_str_mv Politics and Governance; Vol 7, No 2 (2019): Aid Impact and Effectiveness; 117-126
2183-2463
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
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reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
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repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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