Budget Support versus Project Aid: A Theoretical Appraisal.
Should donors interested in the effectiveness of developmental programmes rely on conditional budget support or on project aid? To answer this question, we present a model in which only a subset of developmental expenditures can be subject to conditionality. We show that budget support is preferable...
| Publicado en: | Economic Journal Vol. 117; pp. 1260 - 1280 |
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| Autores principales: | , |
| Formato: | Artículo |
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Wiley-Blackwell
October 2007
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=511355999&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 511355999 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00130133 EJN jtl: Economic Journal issn: 00130133 maglogo: N pubinfo: dt: October 2007 vid: 117 pid: 480 pub: Wiley-Blackwell artinfo: ui: 511355999 10.1111/j.1468-0297.2007.02082.x ppf: 1260 ppct: 20 formats: tig: atl: Budget Support versus Project Aid: A Theoretical Appraisal. aug: au: Cordella, Tito Dell'Ariccia, Giovanni su: Financing of economic development projects International economic assistance Mathematical models sug: subj: Financing of economic development projects International economic assistance Mathematical models ab: Should donors interested in the effectiveness of developmental programmes rely on conditional budget support or on project aid? To answer this question, we present a model in which only a subset of developmental expenditures can be subject to conditionality. We show that budget support is preferable to project aid when the preferences of donors and recipients are aligned, and when assistance is small relative to the recipients' own resources. Furthermore, when donors cannot observe the recipient's type, they may impose higher levels of conditionality to separate committed governments from uncommitted ones. Reprinted by permission of the publisher. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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