Conditionality Revisited : Concepts, Experiences, and Lessons
This volume illustrates many questions around the different donor approaches to conditionality remain controversial. How relevant is the number of conditions? Is ex ante or ex post conditionality more conducive as a mutual commitment device? How ca...
Main Authors: | , , , |
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Format: | Publication |
Language: | English en_US |
Published: |
Washington, DC: World Bank
2012
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2005/01/5849166/conditionality-revisited-concepts-experiences-lessons http://hdl.handle.net/10986/7346 |
Summary: | This volume illustrates many questions
around the different donor approaches to conditionality
remain controversial. How relevant is the number of
conditions? Is ex ante or ex post conditionality more
conducive as a mutual commitment device? How can budget
support be more predictable-by focusing conditions on
specific policy actions or on outcomes? How can risks be
managed, and what is the optimal risk and failure rate of
conditions and programs? Ex post conditionality based on
completed actions provides an alternative to traditional ex
ante conditionality that promises to be more flexible and
more supportive of government ownership. It is at the core
of the programmatic approach to policy-based lending that
has increasingly become the World Bank's choice to
support medium-term reforms. Another possible design option involves |
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