Around the turn of the millennium a growing consensus emerged on the dos and don'ts of development assistance, based on lessons drawn from failed aid. Donors now increasingly see aid as a leverage to induce or support governance reforms in recipient countries. The EC, which considers itself to...

The European Commission (EC) launched a new aid instrument: the ‘governance incentive tranche’, to incentivise African, Caribbean, Pacific (ACP)-governments to carry out governance reforms. This new initiative fails to incorporate the principles spurred by the aid effectiveness debate, to...