Compliance with World Bank Conditionality : Implications for the Selectivity Approach to Policy-Based Lending and the Design of Conditionality
Some recent empirical research suggests that the implementation of policy reforms is largely dependent on domestic political economy factors. This finding is taken to suggest that aid and adjustment lending should only be provided to those countries that, on the basis of certain characteristics, are more likely to implement policy reform. We put these issues to scrutiny by employing a different set of World Bank data to explain Sub-Saharan African programme countries' compliance record. Our empirical results highlight the role of a country's income status, economic performance and political stability during the programme, the external economic environment, the size of financial support for the reform programme, and initial macroeconomic conditions. These results, which have implications for the design of conditionality, contradict the evidence underpinning the selectivity approach to policy-based lending
Year of publication: |
[2004]
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Authors: | Mosley, Paul |
Other Persons: | Noorbakhsh, Farhad (contributor) ; Paloni, Alberto (contributor) |
Publisher: |
[2004]: [S.l.] : SSRN |
Saved in:
freely available
Extent: | 1 Online-Ressource (64 p) |
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Type of publication: | Book / Working Paper |
Notes: | Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments November 2003 erstellt |
Other identifiers: | 10.2139/ssrn.503123 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012738531
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