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Valentin Lang Profile picture
Valentin Lang
@valentin_lang
https://t.co/opV648XeTY Assistant Professor of International Political Economy at Uni Mannheim.
May 21, 2019 • 7 tweets • 4 min read
Why do large firms from rich countries – like Lidl or Mövenpick – receive @WorldBank loans for profitable investments?

In our new paper – now forthcoming at #JDE – we show that the Bank’s most powerful members help their firms get more loans (1/7)

sciencedirect.com/science/articl… We use new data on more than 3,000 projects supported by the World Bank’s International Finance Corporation (@IFC_org).
Our analysis shows that firms get more loans when the government of their home country has a seat on the World Bank’s Board of Directors. (2/7)