
This article analyzes the impact of World Bank financial disbursements on the Gross Domestic Product (GDP) of 22 countries in the Americas during the 2019-2023 period. Through a quantitative and comparative analysis, it examines the effects of multilateral financing flows on economic development and macroeconomic stability in recipient economies, emphasizing their influence on key sectors such as infrastructure, innovation, and technology. The findings identify that these disbursements have been crucial in driving economic growth, particularly in emerging and developing economies, helping strengthen competitiveness and productivity in strategic areas. However, the study also reveals that the impact of these capital injections varies significantly depending on the structural characteristics of each country, such as resource absorption capacity, the level of economic governance, and transparency in project execution.
The article highlights that countries with stronger management and oversight systems for World Bank resources have successfully optimized the outcomes in terms of economic growth and social development. In contrast, those facing challenges related to corruption or administrative inefficiency have struggled to fully leverage the available financial resources. Additionally, it addresses structural gaps present in some countries, such as inequality in the distribution of investment benefits and the lack of alignment between national policies and World Bank objectives. These gaps limit the multiplier effect of the funds and delay the achievement of fiscal sustainability and inclusive development goals. This analysis provides a comprehensive view of the role of international financing in the economic growth of the Americas, aiming to optimize disbursements and maximize their impact on structural development.