We investigate the heterogeneity of the impact of World Bank foreign aid projects on local economic development across countries, sectors and time. Using a grid-cell dataset of geo-referenced aid data, satellite night-time light imagery, and climatic and socio-economic controls, we employ a...

We examine the impact of geo-referenced World Bank development programs on subnational development using equally sized grid cells with a spatial resolution of 0.5 decimal degrees latitude x longitude as the unit of investigation. The proposed grid cell approach solves a number of endogeneity...

Does foreign aid target the poorest people in developing countries? We examine this question in the context of World Bank foreign aid projects at the local level in 50 countries worldwide. We combine georeferenced data on World Bank foreign aid projects with remote-sensing data on nighttime...