Stephen Knack

Stephen Knack is a Lead Economist in the Development Research Group (Human Development and Public Services Team). His recent research addresses the impact of aid on policy reform and on public sector capacity and accountability. Prior to joining the Bank in 1999, Knack was a Research Associate at the University of Maryland’s IRIS Center, and Assistant Professor in the School of Public Affairs at American University. He received a PhD in Economics from the University of Maryland in 1991.

Content by Stephen Knack
  • Blog post

    The effect of aid on growth: Evidence from a quasi-experiment

    Does aid drive real (per capita) GDP growth in recipient countries? Today’s blog uses the International Development Association’s threshold criterion for aid eligibility to estimate the effect of aid on growth and finds physical infrastructure investments are a key driver of growth impacts from aid. Identifying the causal effect of development aid on growth poses a...

    28 Apr 2016 | Sebastian Galiani, Stephen Knack, Colin Xu, Ben Zou