Budget Support Versus Project Aid /

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...

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Bibliographic Details
Main Author: Cordella, Tito
Other Authors: Dell'Ariccia, Giovanni
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2003.
Series:IMF Working Papers; Working Paper ; No. 2003/088
Online Access:Full text available on IMF