Abstract Since the 1990s, funding of multilateral development assistance has rapidly transformed. Donors increasingly constrain discretion international organizations (IDOs) through earmarked funding, which limits purposes for a donor's funds can be used. The consequences this IDOs’ operational performance are insufficiently understood. We hypothesize that increases in administrative burdens due to reduce IDO projects. additional reporting required IDOs by funds, while designed enhance...

Abstracts Informal groupings like the G7 aim to address global development challenges but lack administrative and budgetary capacity drive change directly. Instead, seeks catalyze international action that reflects its priorities. For example, attempts set agenda by publishing annual communiqués with actionable commitments designed influence behavior of donor countries, non-G7 organizations. But questions about G7’s ultimate impact persist, as critics contend informal can do little more than...

Outside of the rich world, international financial markets are thought to discipline borrowing governments by monitoring political and economic characteristics. But increasingly, asset managers do not assess individual country risk/return profiles. They replicate benchmark indexes, delegating investment decisions index providers. This has two effects. First, it relocates market into hands Second, alters constraints sovereigns face when accessing bond markets, conditioning relationship...

Abstract The policy choices of local governments are highly relevant today, but we know relatively little about how or when choose to respond a given issue and why this might vary between areas. A key variant for is the proximity issues: they engaged in solving local, regional, global problems. Using evidence from United States on issues social inclusion, watershed management, climate change, demonstrate that drivers response with problem. When an influenced by problem severity; global,...

Abstract Why do some developing countries obtain more official finance from China vis-a-vis Western sources? This study finds borrower transparency significantly affects which governments borrow China. From a supply side perspective, Chinese lending agencies have incentives to lend untransparent borrowers. demand borrowers use avoid pressure become transparent. These findings and explanations three implications. First, they help explain variation in external debt composition across using...

Abstract Why do middle-income country governments use costlier sovereign debt markets when cheaper finance is available from official creditors? This research note argues that left-leaning with labor and the poor as core constituencies are likely to prioritize in their annual foreign borrowings. because provide an exit option creditor conditions have disproportionately negative effects on working classes. finding puts limits disciplinary assumptions should relatively less access thus them...

Abstract Democratic Advantage (DA) arguments explicitly and implicitly assume that democracies have more transparent public debt, enhancing sovereign creditworthiness. This study questions the assumed link between debt practices democracy in developing countries. It finds such practices, which are crucial for investors, (a) do not depend on democratic governance (b) largely erase effect DA variables regime type, rule of law, property rights In other words, should be to go together, affect...

Summary Can International Organizations (IOs) such as the World Bank, United Nations, and Labor Organization contribute to Sustainable Development Goals (SDGs)? This article argues that this is best analyzed by simultaneously considering two sets of factors: international political constraints external IOs organizational processes structures internal IOs. More specifically, suggests analyses can take place combining scholarship on Relations (IR) Organizational Behavior (OB). The defines...

The World Bank has developed a new lending instrument, called Program-for-Results (P4R). This instrument is notable because it emphasises borrower programmes and contexts, ostensibly shifting from universally applied Washington Consensus models. Why did the develop P4R? First, theoretical grounds for policy are outlined. Second, context, formalisation usage of P4R analysed. Third, P4R's possible futures described, along with their implications development theory practice. Despite its...

Abstract Some use the model of independent central banks to posit that Debt Management Offices (DMOs) can enhance public debt sustainability. This study argues this is unlikely in developing countries. Developing country DMOs have limited space apolitically manage (a) levels and (b) borrowing strategies. A comparison South Africa Botswana, using in‐depth interviews primary sources, traces processes argue are significantly affect link between political interests these two key outcomes over...

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