Development Aid and International Politics: Does Membership on the UN Security Council Influence World Bank Decisions?

KOF Working Paper No. 171

39 Pages Posted: 5 Sep 2007

See all articles by Axel Dreher

Axel Dreher

Heidelberg University

Jan-Egbert Sturm

KOF Swiss Economic Institute, ETH Zurich; CESifo (Center for Economic Studies and Ifo Institute)

James Raymond Vreeland

Yale University - Department of Political Science

Date Written: July 2007

Abstract

We investigate whether temporary 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 and country effects. The size of World Bank loans, however, is not affected by UN Security Council membership.

Keywords: World Bank, UN Security Council, Voting, Aid

JEL Classification: O19, O11, F35

Suggested Citation

Dreher, Axel and Sturm, Jan-Egbert and Vreeland, James Raymond, Development Aid and International Politics: Does Membership on the UN Security Council Influence World Bank Decisions? (July 2007). KOF Working Paper No. 171. Available at SSRN: https://ssrn.com/abstract=1011972 or http://dx.doi.org/10.2139/ssrn.1011972

Axel Dreher (Contact Author)

Heidelberg University ( email )

Grabengasse 1
Heidelberg, 69117
Germany

HOME PAGE: http://www.axel-dreher.de

Jan-Egbert Sturm

KOF Swiss Economic Institute, ETH Zurich ( email )

Zurich
Switzerland

HOME PAGE: http://www.kof.ethz.ch

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5
Munich, 81679
Germany

HOME PAGE: http://www.cesifo.de

James Raymond Vreeland

Yale University - Department of Political Science ( email )

Box 208269
New Haven, DC 06520-8269
United States
203-432 6196 (Phone)
203-432 6196 (Fax)

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