Aart Kraay
World Bank
165 Papers
1.4K Citations
Aart Kraay is an academic researcher from World Bank. The author has contributed to research in topics: Corporate governance & Poverty. The author has an hindex of 61, co-authored 165 publications. Previous affiliations of Aart Kraay include Yale University & International Monetary Fund.
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Papers
Who gets debt relief
TL;DR: This paper used preliminary results from an ongoing effort to construct estimates of debt relief to study its allocation across a sample of 62 low-income countries and found that debt relief, particularly from multilateral creditors, has been allocated to countries with better policies in recent years.
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Current Accounts in the Long and Short Run
Aart Kraay,Jaume Ventura +1 more
TL;DR: The authors found that countries invest the marginal unit of savings in domestic and foreign assets in the same proportions as in their initial portfolio, and only gradually do they rebalance their portfolio back to its original composition.
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Poverty Traps, Aid, and Growth
Aart Kraay,Claudio Raddatz +1 more
TL;DR: The authors examined the empirical evidence in support of the poverty trap view of underdevelopment and found little evidence of the existence of poverty traps based on either low saving or low technology at low levels of development.
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Good Countries or Good Projects? Comparing Macro and Micro Correlates of World Bank and Asian Development Bank Project Performance
TL;DR: In this paper, the authors examined the micro and macro correlates of aid project outcomes in a sample of 3,821 World Bank projects and 1,342 Asian Development Bank projects.
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•Journal Article
The World Bank economic review 20 (3)
Kai Carstensen,Erich Gundlacb,Aart Kraay,Vikram Nehru,Pradeep Kurukulasuriya,Robert Mendelsohn,Rashid M. Hassan,James Benbin,Temesgen Deressa,Mbaye Diop,Helmy amed Eid,K. Yerfi Fosu,Glwadys Aymone Gbetibouo,Suman L. Jain,Ali Mabamadou,Rennetb Mano,Jane Kabubo-Mariara,Samia El-Marsafawy,Ernest L. Molua,Samiha Ouda,Matbieu Ouedraogo,Isidor Sine,David Maddison,S. Niggol Seo,Ariel Dinar,Pablo Fajnzylber,William F. Maloney,Gabriel V. Montes Rojas,David Stifel,Harold Alderman,Donald F. Larson,Mauricio Leon +31 more
TL;DR: The primacy of institutions reconsidered: direct income effects of malaria prevalence by Kai Carstensen, and Erich Gundlacb; when is external debt sustainable? By Aart Kraay, and Vikram Nehru; will African agriculture survive climate change? By Pradeep Kurukulasuriya, Robert Mendelsohn, Rashid Hassan, James Benbin, Temesgen Deressa, Mbaye Diop, Helmy Mobamed Eid, K. Yerfi Fosu, Glwadys Gbetibouo, Suman
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