The authors assess the effect of economic instability on the success of projects funded by the World Bank using the outcome of the projects, which is a notation of their overall success determined by the Bank's Independent Evaluation Group. It has been argued in macroeconomic studies that aid...

The Summit's focus on financing vulnerable countries or the fight against vulnerability highlights the fact that the allocation of concessional financing between countries must be considered alongside the mobilization of new resources. This note identifies four principles: (i) the countries...

In the run-up to the Paris Summit, the question of mobilizing new resources to finance development and global public goods seems to receive much more attention than the way in which these new funds, like the old ones, are allocated among countries. If there is to be a "financial pact", it should...

As part of the preparation for the June Summit on financing, the question was raised as to whether a category of "vulnerable countries" should not be created or recommended. One would first have to ask who would be responsible for creating this category, so that it would be authoritative. Only...