Overcoming Barriers to Reform : On Incentive-Compatible International Assistance

On Incentive-Compatible International Assistance

Overcoming Barriers to Reform : On Incentive-Compatible International Assistance
International financial assistance (loans and grants) can potentially raise recipients' welfare in two ways, by affecting a direct resource transfer and by facilitating efficiency-enhancing reforms. In practice, barriers to reform limit the potential of assistance to deliver these two dividends. In this paper, we analyze assistance programs... READ MORE...

Publication date: September 2007
ISBN 9781451867954
$18.00

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