Should Policy-Based Lending Still Involve Conditionality?
نویسندگان
چکیده
منابع مشابه
15 Donor Conditionality and Policy
My focus is on the use by aid donor agencies of conditionality to induce changes in economic policies and institutions. At the most general level, this throws light on whether it is feasible to use donor leverage to overcome weak institutions and anti-reformist governments – whether it is possible to use this as a device for prevailing over domestic political constraints on the adoption of bett...
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Donors who try to impose policy conditionality on countries receiving their aid commonly face con‡icting incentives between using aid to induce income-increasing reforms and using aid to assist low-income countries: this con‡ict can lead to a time-consistency problem. This paper o¤ers a contractual analysis of conditionality, showing how conditionality contracts are a¤ected by con‡icting donor ...
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ژورنال
عنوان ژورنال: The World Bank Research Observer
سال: 2003
ISSN: 0257-3032,1564-6971
DOI: 10.1093/wbro/lkg009