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IDA in retrospect : the first two decades of the International Development Association (English)

The International Development Association (IDA), an integral part of the World Bank, has been for more than twenty years an important channel for aid to low-income developing countries. Its work complements that of its sister institution, the International Bank for Reconstruction and Development. But unlike the Bank, which relies principally on private capital markets, IDA is funded entirely by grants from member governments. The Association has become an outstanding example of multilateral cooperation to promote long-term development. As IDA has grown, it has naturally come under closer scrutiny by all concerned. Donors have become increasingly concerned about the size of the Association, the allocation of contributions among donors, and the allocation of credits to developing countries. Questions have been raised about the quality of IDA's projects, the terms of its loans, and the ability of these projects to reach the poorest people in developing countries. Recipients of IDA loans have also voiced dissatisfaction at times. This report deals frankly with such questions and traces IDA's evolution and achievements over the past two decades. This book highights the institutions' strengths and shortcomings and offers many lessons for multilateral cooperation and worldwide commitment to development.


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    IDA in retrospect : the first two decades of the International Development Association

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IDA in retrospect : the first two decades of the International Development Association (English). New York, NY : Oxford University Press