The Political Economy of Conditional and Unconditional Foreign Assistance : Grants vs. Loan Rollovers /

Improving the effectiveness of financial assistance programs is a priority of international financial institutions (IFIs). This paper examines the effectiveness of alternative assistance instruments in a dynamic political economy framework. Economic policies of the receiving country are distorted by...

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Bibliographic Details
Main Author: Mayer, Wolfgang
Other Authors: Mourmouras, Alex
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2004.
Series:IMF Working Papers; Working Paper ; No. 2004/038
Subjects:
Online Access:Full text available on IMF