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Redesigning conditionality

delete1997-09-01
delete123
PRE
AI
P
Paul Collier *
P
Patrick Guillaumont
S
Sylviane Guillaumont
J
Jan Willem Gunning
DOI：10.1016/S0305-750X(97)00053-3delete
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Abstract

Abstract

En 中文
Conditionality has been used to induce reform. The rather disappointing results of this approach have led to a gradual redesign of the aid contract, toward a shorter period and more detailed conditions. The logical conclusion of this approach is for reforms to be priced piecemeal. Such an approach is fundamentally incompatible with government ownership of policy and hence reduces the credibility of reforms. Further, this attempt to induce reform has crowded out other uses of conditionality. We propose an alternative basis for aid allocation in terms of a retrospective assessment of a few major outcomes such as growth. We show how outcome measures can control for influences on growth over which the government has no control. (C) 1997 Elsevier Science Ltd.
Keywords:
Africa
aid
structural adjustment
conditionality

Journal

World Development cover
World Development
IF:
4.8
Papers:
8.0K
Citations:
3.1W

Organization

No organization information available