by Susan Sawyer O’Keefe

Abstract 

In this paper, I use a regression model to predict project outcome ratings for international aid projects by 12 multilateral and bilateral aid agencies taking place in 183 recipient countries. The influential factors considered are project duration, project size, evaluation type, evaluation lag, donor ratings, and country-level indicators of development. I find a significant relationship supporting differences in project outcome ratings for projects evaluated by an independent evaluation agency, a resource that some banks use to access project performance by an unbiased party. I also examine the significance of other project-level factors and compare these to trends identified in past literature on foreign aid project effectiveness.

Professor Michelle Connolly, Faculty Advisor

JEL Codes: H43, O22

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