Budget support versus project aid /

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Bibliographic Details
Author / Creator:Cordella, Tito, author.
Imprint:[Washington, D.C.] : International Monetary Fund, ©2003.
Description:1 online resource (31 pages) : illustrations
Language:English
Series:IMF working paper, 2227-8885 ; WP/03/88
IMF working paper ; WP/03/88.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12497331
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Other authors / contributors:Dell'Ariccia, Giovanni, author.
International Monetary Fund. Research Department.
ISBN:145189712X
9781451897128
1281602043
9781281602046
1462307582
9781462307586
1451999550
9781451999556
9786613782731
6613782734
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.
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.
Other form:Print version: Cordella, Tito. Budget support versus project aid. [Washington, D.C.] : International Monetary Fund, ©2003
Standard no.:10.5089/9781451897128.001