The Political Economy of Conditional and Unconditional Foreign Assistance : Grants vs. Loan Rollovers

Grants vs. Loan Rollovers

The Political Economy of Conditional and Unconditional Foreign Assistance : Grants vs. Loan Rollovers
Improving the effectiveness of financial assistance programs is a priority of international financial institutions (IFIs). This paper examines the effectiveness of alternative assistance instruments in a dynamic political economy framework. Economic policies of the receiving country are distorted by the influence of a domestic interest group.... READ MORE...

Publication date: March 2004
ISBN 9781451845723
$15.00

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