Lodewijk Smets
Biographic Data
| ID | 1633010 |
|---|---|
| NAME | Lodewijk Smets |
| GIVEN NAMES | Lodewijk |
| FAMILY NAME | Smets |
| SIGNATURE | SMETS L |
| AFFILIATIONS | University of Antwerp |
| ORCID | 0000-0001-8593-6411 |
| VERIFIED | Yes |
| TOTAL WORKS | 7 |
| TOTAL CITATIONS | 17 |
| WORKS AS AUTHOR | 7 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 2012 |
| LATEST PUBLICATION YEAR | 2020 |
| H-INDEX | 3 |
Is It the Journey That Matters? A Fresh Look at the Impact of World Bank Policy Lending
This paper investigates the impact of World Bank policy lending on the quality of economic policy. A new econometric specification distinguishes among two effects that have been conflated hitherto: (i) marginal impacts of additional policy actions and (ii) the length of the policy engagement. Panel estimations on a revised data set indicate that development policy financing has a positive effect on the quality of economic policy. Results are robu…
Nurturing Institutions for a Resilient Caribbean
The book explores the historical development and status of political and economic institutions in The Caribbean. The Caribbean institutional reality is studied vis-à-vis best international practices. The main objective is identifying positive aspects and institutional areas in need of improvement that could facilitate a sustainable development path in The Caribbean
World Bank Policy Lending and the Quality of Public-Sector Governance
In this study, we investigate the impact of World Bank development policy lending for public-sector governance (PSG) on the quality of public-sector management and institutions. We measure the latter using the World Bank’s Country Policy and Institutional Assessments (CPIA) and consider only policy conditions targeted at improvements in those areas. Using a comprehensive country-year panel data set of aid-receiving countries, we find a significan…
Introducing a New Data Set
This article presents a new, publicly available data set covering all budget support (BS) suspensions in the period 1999–2014. The data set covers 239 BS suspensions, involving 18 donors and 40 recipient countries. This article shows an aggregate picture of these suspensions, including the reasons why donors suspended, which donors have been active in suspending their BS, and which countries have been undergoing these aid sanctions. From this agg…
World Bank Lending and the Quality of Economic Policy
This study investigates the impact of World Bank development policy lending on the quality of economic policy. It finds that the quality of policy increases, but at a diminishing rate, with the cumulative number of policy loans. Similar results hold for the cumulative number of conditions attached to policy loans, although quadratic specifications indicate that additional conditions may even reduce the quality of policy beyond some point. The pap…
Food aid and household food security in a conflict situation
Aid Tying and Donor Fragmentation
Introducing a New Data Set
This article presents a new, publicly available data set covering all budget support (BS) suspensions in the period 1999–2014. The data set covers 239 BS suspensions, involving 18 donors and 40 recipient countries. This article shows an aggregate picture of these suspensions, including the reasons why donors suspended, which donors have been active in suspending their BS, and which countries have been undergoing these aid sanctions. From this agg…
Food aid and household food security in a conflict situation
Aid Tying and Donor Fragmentation
World Bank Policy Lending and the Quality of Public-Sector Governance
In this study, we investigate the impact of World Bank development policy lending for public-sector governance (PSG) on the quality of public-sector management and institutions. We measure the latter using the World Bank’s Country Policy and Institutional Assessments (CPIA) and consider only policy conditions targeted at improvements in those areas. Using a comprehensive country-year panel data set of aid-receiving countries, we find a significan…
Aid Tying and Donor Fragmentation
Food aid and household food security in a conflict situation
World Bank Lending and the Quality of Economic Policy
This study investigates the impact of World Bank development policy lending on the quality of economic policy. It finds that the quality of policy increases, but at a diminishing rate, with the cumulative number of policy loans. Similar results hold for the cumulative number of conditions attached to policy loans, although quadratic specifications indicate that additional conditions may even reduce the quality of policy beyond some point. The pap…
Introducing a New Data Set
This article presents a new, publicly available data set covering all budget support (BS) suspensions in the period 1999–2014. The data set covers 239 BS suspensions, involving 18 donors and 40 recipient countries. This article shows an aggregate picture of these suspensions, including the reasons why donors suspended, which donors have been active in suspending their BS, and which countries have been undergoing these aid sanctions. From this agg…
Nurturing Institutions for a Resilient Caribbean
The book explores the historical development and status of political and economic institutions in The Caribbean. The Caribbean institutional reality is studied vis-à-vis best international practices. The main objective is identifying positive aspects and institutional areas in need of improvement that could facilitate a sustainable development path in The Caribbean
World Bank Policy Lending and the Quality of Public-Sector Governance
In this study, we investigate the impact of World Bank development policy lending for public-sector governance (PSG) on the quality of public-sector management and institutions. We measure the latter using the World Bank’s Country Policy and Institutional Assessments (CPIA) and consider only policy conditions targeted at improvements in those areas. Using a comprehensive country-year panel data set of aid-receiving countries, we find a significan…
Is It the Journey That Matters? A Fresh Look at the Impact of World Bank Policy Lending
This paper investigates the impact of World Bank policy lending on the quality of economic policy. A new econometric specification distinguishes among two effects that have been conflated hitherto: (i) marginal impacts of additional policy actions and (ii) the length of the policy engagement. Panel estimations on a revised data set indicate that development policy financing has a positive effect on the quality of economic policy. Results are robu…
Economics (7 works) · International Development and Aid (5 works) · Business (3 works) · Corporate governance (3 works) · Finance (3 works) · Fiscal Policy and Economic Growth (3 works) · Local Government Finance and Decentralization (3 works) · Public economics (3 works) · Computer Science (2 works) · Econometrics (2 works)