Limits of Conditionality in Poverty Reduction Programs

Limits of Conditionality in Poverty Reduction Programs
When donors and recipients have different preferences over budgetary allocations, conditionality helps the implementation of donor-financed poverty reduction programs. However, if donors cannot perfectly monitor all recipients' actions, conditionality entails an inefficient allocation of resources. Under such conditions, the optimal amount of... READ MORE...

Publication date: July 2002
ISBN 9781451853872
$15.00

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