Development Finance and Policy Reform

Beschreibung

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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Paul Mosley

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development development aid Development Finance Eastern Europe international finance political economy

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