The Role and Effectiveness of Development Assistance Lessons from World Bank Experience

This paper was prepared under the direction of Nicholas Stern, Chief Economist and Senior Vice President Development Economics (DEC); and Ian Goldin, Director of Development Policy. Halsey Rogers, a Senior Economist, was the lead author. Many other staff from across the Bank contributed. Sections and 5 draw heavily on the experience of the Operations Evaluation Department; the interpretation of the material is the responsibility of DEC. The paper was presented at the United Nations International Conference Financing for Development held in Monterrey, Mexico, on March 18–22, 2002. It is available online at http://econ.worldbank.org/. Comments and questions may be sent to [email protected].