Development aid and international politics: Does membership on the UN Security Council influence World Bank decisions?

Axel Dreher, Jan Egbert Sturm, James Raymond Vreeland

Research output: Contribution to journalArticle

220 Scopus citations

Abstract

We investigate whether elected members of the UN Security Council receive favorable treatment from the World Bank, using panel data for 157 countries over the period 1970-2004. Our results indicate a robust positive relationship between temporary UN Security Council membership and the number of World Bank projects a country receives, even after accounting for economic and political factors, as well as regional, country and year effects. The size of World Bank loans, however, is not affected by UN Security Council membership.

Original languageEnglish (US)
Pages (from-to)1-18
Number of pages18
JournalJournal of Development Economics
Volume88
Issue number1
DOIs
StatePublished - Jan 1 2009
Externally publishedYes

All Science Journal Classification (ASJC) codes

  • Development
  • Economics and Econometrics

Keywords

  • Aid
  • UN Security Council
  • Voting
  • World Bank

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