Development Finance and Policy Reform: Essays in Theory and Practice of Conditionality in Less Developed Countries
Aug 1992 · Springer
Ebook
338
Pages
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About this ebook
Conditionality has long been used by the IMF, and more recently by World Bank and bilateral donors, as an instrument for improving the effectiveness of international finance. This collection of essays, by representatives of donors and recipients as well as independent observers, suggests that because of recipients' increased bargaining power, such an improvement has seldom resulted.
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