Does IDA Engage in Defensive Lending?

Multilateral development banks are sometimes thought to engage in "defensive lending" the practice of extending new loans purely in order to ensure that existing loans are repaid. We empirically examine this hypothesis using data on lending extended by and repayments to the International D...

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Bibliographic details
Volume: 3
Main Author: Kraay, Aart
Geginat, Carolin
Format: Journal Article
Language: English
Place of publication: Università di Perugia, Dipartimento Economia, Finanza e Statistica 2012
published in: Review of economics and institutions Vol. 3; no. 3
Data of publication: 2012
ISSN: 2038-1379
EISSN: 2038-1379
Discipline: Economics
Series: Review of Economics and Institutions
Online Access: Fulltext
Database: RePEc
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