Episoder
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Contributor(s): | By Ioana Puricel and Nick Muller
This episode builds on the previous theme by zooming in on the World Bank’s Country Policy and Institutional Assessment (CPIA) score. The scoring is based on what the Bank considers to be ideal policies and institutional qualities that contribute to growth, poverty reduction and thus aid effectiveness. We discuss criticisms and reforms for the CPIA with two prominent development scholars: Erik Thorbecke and Yusi Ouyang.
Notes and references:
IEG (2009). The World Bank's Country Policy and Institutional Assessment: An IEG Evaluation
OECD (2020). External financing to Least Developed Countries (LDCs): where we stand
Thorbecke, Erik. and Ouyang, Yusi (2016). Is Sub-Saharan Africa Finally Catching up? -
Contributor(s): | Notes and references:
Bienefeld, Manfred. “Structural Adjustment: Debt Collection Device or Development Policy?” Review (Fernand Braudel Center), vol. 23, no. 4, 2000, pp. 533–82, http://www.jstor.org/stable/40241499. Accessed 9 May 2022.
Chwieroth, Jeffrey M. Capital Ideas the IMF and the Rise of Financial Liberalization. Princeton University Press, 2010.
Copelovitch, Mark S. The International Monetary Fund in the Global Economy: Banks, Bonds, and Bailouts. Cambridge University Press, 2010.
Dreher, Axel, and Nathan M. Jensen. “Independent Actor or Agent? an Empirical Analysis of the Impact of U.S. Interests on International Monetary Fund Conditions.” The Journal of Law and Economics, vol. 50, no. 1, 2007, pp. 105–124., https://doi.org/10.1086/508311.
Gehring, Kai, and Valentin Lang. “Stigma or Cushion? IMF Programs and Sovereign Creditworthiness.” SSRN Electronic Journal, 2018, https://doi.org/10.2139/ssrn.3169341.
Haque, Nadeem Ul, et al. “Rating the Raters of Country Creditworthiness.” Finance & Development, March 1997, International Monetary Fund, 1997.
Mkandawire, Thandika. “Disempowering New Democracies and the Persistence of Poverty.” Globalisation, Poverty and Conflict, 2004, pp. 117–153., https://doi.org/10.1007/1-4020-2858-x_8. Mkandawire, Thandika. “Lessons from the Social Policy and Development of South Korea: An Interrogation.” Learning from the South Korean Developmental Success, 2014, pp. 11–30., https://doi.org/10.1057/9781137339485_2.
Mkandawire, Thandika. “The Spread of Economic Doctrines and Policymaking in Postcolonial Africa.” African Studies Review, vol. 57, no. 1, 2014, pp. 171–198., https://doi.org/10.1017/asr.2014.12.
Mkandawire, Thandika. “Thinking about Developmental States in Africa.” Cambridge Journal of Economics, vol. 25, no. 3, 2001, pp. 289–313, http://www.jstor.org/stable/23600389. Accessed 9 May 2022.
Nelson, Stephen C. “Playing Favorites: How Shared Beliefs Shape the IMF's Lending Decisions.” International Organization, vol. 68, no. 2, 2014, pp. 297–328., https://doi.org/10.1017/s0020818313000477.
Stone, Randall W. Controlling Institutions International Organizations and the Global Economy. Cambridge University Press, 2011.
Stone, Randall W. “The Political Economy of IMF Lending in Africa.” American Political Science Review, vol. 98, no. 4, 2004, pp. 577–591., https://doi.org/10.1017/s000305540404136x.
Stone, Randall W. “The Scope of IMF Conditionality.” International Organization, vol. 62, no. 4, 2008, pp. 589–620., https://doi.org/10.1017/s0020818308080211.
Vygotsky, Lev S. Mind in Society: The Development of Higher Psychological Processes. Harvard University Press, 1978.
“What Is the 'Gentleman's Agreement'?” Bretton Woods Project, 28 Oct. 2021, https://www.brettonwoodsproject.org/2019/07/what-is-the-gentlemans-agreement/.
Woods, Ngaire. The Globalizers: The IMF, the World Bank, and Their Borrowers. Cornell University Press, 2014.
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Hoffmann, Nimi. “The Knowledge Commons, Pan-Africanism, and Epistemic Inequality: A Study of CODESRIA.” Rhodes University; Faculty of Humanities, Institute of Social and Economic Research, 2018. https://commons.ru.ac.za/vital/access/manager/Repository/vital:27764?site_name=Rhodes%20University.
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