Do World Bank policy loans that are focused on social policy reform help improve social policies and institutions in borrower countries? To help answer this question, this paper provides new empirical evidence of the association between World Bank policy lending and measures of the quality of...

In 2013, the Board of Executive Directors of the World Bank Group endorsed two ambitious goals: eliminating extreme poverty in the world by 2030 and boosting shared prosperity. The latter is defined as fostering the growth in the income of the poorest 40 percent of the population in each...

Do World Bank policy loans that are focused on social policy reform help improve social policies and institutions in borrower countries? To help answer this question, this paper provides new empirical evidence of the association between World Bank policy lending and measures of the quality of...

In 2013, the Board of Executive Directors of the World Bank Group endorsed two ambitious goals: eliminating extreme poverty in the world by 2030 and boosting shared prosperity. The latter is defined as fostering the growth in the income of the poorest 40 percent of the population in each...