Traditional conditionality in policy-based lending is often criticized as being ineffective, intrusive, and corrosive. Disillusionment has led to replace ex ante conditionality with ex post conditionality and to focus on ownership, selectivity, and partnership. This article reviews experiences with conditionality in the World Bank policy-based lending and explores the benefits and drawbacks of various approaches. It argues that conditionality should...
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DETAILS
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2003/01/01
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Journal Article
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76450
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1
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1
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2013/04/08
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Disclosed
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Should policy-based lending still involved conditionality
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conditionality
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Citation
Koeberle,Stefan G..
Should policy-based lending still involved conditionality (English). Washington DC : World Bank. http://documents.worldbank.org/curated/en/448281468336561644