We revisit the relevance of the World Bank’s Country Policy and Institutional Assessment (CPIA)against growth performance, with attention to possible biases arising from qualitative andquantitative changes in the CPIA methodology. The CPIA, introduced in the late 1970s, had aseries of extensive revisions in the late 1980s and the early 1990s, placing more emphasis oninstitutional capacity and social policies. We reexamine a claim by previous studies...
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2018/12/01
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Documento de Trabalho
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132746
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1
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1
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2018/12/06
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Disclosed
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Revisiting the Relevance of the World Bank's Country Policy and Institutional Assessment (CPIA) on Economic Growth
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Country Policy and Institutional Assessment
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