š°ļø How does competition affect the performance of multilateral development banks?
š Bernhard Reinsberg & @benjaminfaude.bsky.social show that while pressure improves the quality of newly approved #WorldBank projects, it has no significant effect on ongoing ones.
š buff.ly/TZFqn3f
The creation of new multilateral development banks (MDBs) increases competitive pressure within the system. How does such competition affect MDBs' performance? Bernhard Reinsberg and Benjamin Faude sh...