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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Бібліографічні деталі
Автор: Cordella, Tito
Інші автори: Dell'Ariccia, Giovanni
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2003.
Серія:IMF Working Papers; Working Paper ; No. 2003/088
Онлайн доступ:Full text available on IMF
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245 1 0 |a Budget Support Versus Project Aid /  |c Tito Cordella, Giovanni Dell'Ariccia. 
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490 1 |a IMF Working Papers 
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520 3 |a 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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700 1 |a Dell'Ariccia, Giovanni. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2003/088 
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