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This paper explores the role of information transmission in explaining donors ́choice between project aid and budget support. Budget support increases the involvement of recipient governments in the decision-making process and can thus be an example of a "delegation-scheme." Conversely, project...
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" consists of unverifiable information and the quality of communication depends on the conflict of interests between the …
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In recent years central bankers have placed new emphasis on communication with financial markets and the general public … increased central bank communication. - Contributors offer theoretical analyses of the effect of central bank communication on … communication, decision making, and governance practices of the Greenspan-era U.S. Federal Reserve, the fledgling European Central …
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