Can process conditionality enhance aid effectiveness?
Can process conditionality enhance poverty reduction in developing countries? We address this question in a political-economic framework with political distortions on the recipient and the donor side. Process conditionality is a useful tool only if the international financial institutions hold all necessary information to assess the political situation in recipient countries and to select the true representatives of the poor into a participatory process. If they do not hold this information or if bureaucratic interests reduce their incentive to acquire this information, process conditionality loses its effectiveness. Copyright Springer Science + Business Media, Inc. 2005
Year of publication: |
2005
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Authors: | Hefeker, Carsten ; Michaelowa, Katharina |
Published in: |
Public Choice. - Springer. - Vol. 122.2005, 1, p. 159-175
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Publisher: |
Springer |
Saved in:
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