Does the World Bank have any impact on human development in the poorest countries? Some preliminary evidence from Africa

Sumon Bhaumik

Research output: Contribution to journalArticlepeer-review

Abstract

In an attempt to better understand the impact of the World Bank on human development in poor countries, we use cross-country data on African countries for the 1990–2002 period to examine this relationship. The coefficient estimates of our parsimonious fixed-effects models indicate that while loans and grants of the Bank have had a positive impact on some relatively short-term indicators of health and education in an average African country, there is little evidence to suggest that such loans and grants have helped these countries to consolidate on the short-term gains.

Original languageEnglish
Pages (from-to)422-432
Number of pages11
JournalEconomic Systems
Volume29
Issue number4
DOIs
Publication statusPublished - Dec 2005
EventWorld Bank Symposia 2005 - , United Kingdom
Duration: 1 Jan 20051 Jan 2005

Keywords

  • development
  • health
  • education
  • World Bank
  • Africa

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