Canadian Journal of Development Studies | Vassar College Digital Library

Vassar Scholarship

World Bank-borrower relations and project supervision

Publication Date

2000-September-14

Document Type

working paper

Authors

Kilby, Christopher

Department or Program

Economics Department

Document Type

Working Paper

Abstract

This paper explores the relevance of the principal-agent model for analyzing development projects using data from World Bank-funded projects. After demonstrating that World Bank loan agreements can be viewed as principal-agent contracts, the paper explores the importance of the agency...

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World Bank-borrower relations and project supervision

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