The Indirect Approach

Aid and conditionalities are the "carrots and sticks" of the conventional, direct approach to fostering economic development. The economic theory of agency is the most sophisticated treatment of the direct carrots-and-sticks approach to i...

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Bibliographic Details
Main Author: Ellerman, David
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2000/08/693240/indirect-approach
http://hdl.handle.net/10986/19801

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