World Bank Lending And Other Financial Flows: Is There a Connection?
研究世界银行是否通过多种机制影响流向新兴和发展中国家的其他金融流动，基于回归分析发现两者之间缺乏正向关联，并讨论了对世行改革的启示。
At a time when there is a serious debate about reforming the international financial architecture, it is important to understand how existing multilateral agencies affect financial flows to emerging and less-developed countries. This paper extends past research - which has focused on the International Monetary Fund - by examining the various mechanisms through which the World Bank may be associated with other financial flows, and by presenting new empirical evidence based on regression analysis. Little support is found for a positive connection. The implications of this finding for effective reform of the Bank and its various activities are then discussed.