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Is there moral hazard in the Heavily Indebted Poor Countries (HIPC) Initiative debt relief process?

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When is foreign aid policy credible? : Aid dependence and conditionality

Svensson, Jakob - 1997

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When is foreign aid policy credible? : Aid dependence and conditionality

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Is there moral hazard in the Heavily Indebted Poor Countries (HIPC) initiative debt relief process?

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When is Foreign Aid Policy Credible? Aid Dependence and Conditionality

Svensson, Jakob - 2000

Disbursements of foreign aid are guided (in part) by the needs of the poor. Anticipating this, recipients have little incentive to improve the welfare of the poor. In principle, conditionality could partly solve the problem, but this requires a strong commitment ability by the donor. Without...

Persistent link: https://www.econbiz.de/10014149532