Project Aid or Budget Aid The Interests of Governments and Financial Institutions Reportar como inadecuado




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The paper compares different aid policy instruments and their effect on the target group. Starting from a situation where interest groups compete for the resources of the government, international financial institutions aim to change the policy outcome. They can either directly support one group or condition their financial help to the government on its policy. Apart from a normative analysis which policy is more adequate to help one group, the paper also asks what happens if the IFI is driven by bureaucratic selfinterest, and whether this distort policies.

Keywords: aid policy ; conditionality ; international financial institution ; interest groups ; D73 ; F35 ; O23

Subject(s): Financial Economics

Political Economy

Issue Date: 2005

Publication Type: Working or Discussion Paper

PURL Identifier: http://purl.umn.edu/26381

Total Pages: 26

Series Statement: HWWA Discussion Paper 309

Record appears in: Hamburg Institute of International Economics > Discussion Paper Series





Autor: Hefeker, Carsten

Fuente: http://ageconsearch.umn.edu/record/26381?ln=en







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