Conditionality: Facts, Theory and Policy: Contribution to the Reconstruction of the International Financial System

Dragoslav Avramović

No wp-1988-037, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Three changes in conditionality of loans are proposed in this study, in order to improve the relations between developing country borrowers and international lending agencies, and make the international cooperative effort at development and stability more effective. First, the agencies should encourage member country governments requesting adjustment assistance to submit their own programmes of adjustment. The present practice of the agencies preparing country programmes should be discontinued.

Keywords: Public debt; Economic assistance and foreign aid; Government spending policy; International agencies (search for similar items in EconPapers)
Date: 1988
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