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...
| Published in: | Economic Journal Vol. 117; pp. 1260 - 1280 |
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| Main Authors: | , |
| Format: | Article |
| Published: |
Wiley-Blackwell
October 2007
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |