Hidden Bibliographic Details
Other authors / contributors: | Dell'Ariccia, Giovanni, author.
International Monetary Fund. Research Department.
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ISBN: | 145189712X 9781451897128 1281602043 9781281602046 1462307582 9781462307586 1451999550 9781451999556 9786613782731 6613782734
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Notes: | Includes bibliographical references (pages 21-22). Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 English. digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
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Summary: | Should donors who are interested in the effectiveness of developmental programs rely on conditional budget support or on project aid? To answer this question, we present a model in which only a subset of the developmental expenditures can be subject to conditionality. We show that budget support is preferable to project aid when donors and recipients' preferences are aligned, and when assistance is small relative to recipients' resources. Then, we test our model estimating a modified growth model for a panel of developing countries, and find evidence in support of our predictions.
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Other form: | Print version: Cordella, Tito. Budget support versus project aid. [Washington, D.C.] : International Monetary Fund, ©2003
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Standard no.: | 10.5089/9781451897128.001
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