Download Aid and the Political Economy of Policy Change by Tony Killick PDF

By Tony Killick

This quantity appears on the effectiveness of conditionality in structural adjustment programmes. Tony Killick charts the emergence of conditionality, and demanding situations the generally held assumption that it's a co-operative procedure, arguing that during truth it has a tendency to be coercive and unsafe to improvement targets. via exact case experiences of twenty one recipient nations, he explores the main matters of:* possession* function of companies* executive goals and the consequences of policy.The end is that conditionality has been counterproductive to cost balance, fiscal development and funding.

Show description

Read or Download Aid and the Political Economy of Policy Change PDF

Best economic theory books

The Cambridge Companion to Keynes (Cambridge Companions to Philosophy)

John Maynard Keynes (1883-1946) used to be crucial economist of the 20 th century. He used to be additionally a thinker who wrote on ethics and the speculation of likelihood and was once a relevant determine within the Bloomsbury crew of writers and artists. during this quantity individuals from quite a lot of disciplines supply new interpretations of Keynes's notion, clarify the hyperlinks among Keynes's philosophy and his economics, and position his paintings and Keynesianism - the commercial thought, the foundations of financial coverage, and the political philosophy - of their ancient context.

State Space Modeling of Time Series

During this booklet, the writer adopts a kingdom area method of time sequence modeling to supply a brand new, computer-oriented approach for construction types for vector-valued time sequence. This moment version has been thoroughly reorganized and rewritten. heritage fabric top as much as the 2 forms of estimators of the kingdom area versions is accrued and offered coherently in 4 consecutive chapters.

Criminal Dilemmas: Understanding and Preventing Crime

An research of felony habit from the views of rational selection conception resulting in feedback for a felony coverage. earlier version bought 900 copies worldwide due to the fact its unlock in June 2001.

Dionysian Economics: Making Economics a Scientific Social Science

Nietzsche distinctive among forces in artwork: Apollonian, which represents order and cause, and Dionysian, which represents chaos and effort. an awesome murals combines those features in a plausible, relatable stability. Economists, Ward argues, have operated for too lengthy lower than the idea that their paintings displays clinical, Apollonian principals while those easily don't or can't practice: "constants" in economics stand in for variables, mathematical equations symbolize the simplified perfect instead of the complicated fact, and the center medical valuable of replication is all yet overlooked.

Extra info for Aid and the Political Economy of Policy Change

Example text

The thrust of the Bank’s findings is further reinforced in the follow-up study by Bouton et al. (1994:25–6) mentioned earlier, which again showed an apparently rather robust statistical connection between changes in growth rates and changes in macro policies, with exchange rate and fiscal (but not monetary) policy variables confirmed as having significant explanatory power. The independent investigation by Mosley et al. (1991a, Chapter 7) broadly confirmed the positive influence of programme implementation on economic outcomes, with compliance having favourable effects on GDP growth and (more temporarily) on export growth.

This analysis shows the ineffectiveness of the Bank’s (and the IMF’s) adjustment conditionality. It would be impossible to predict the likely direction of change in the quality of policies from information about the IFIs’ adjustment lending. ’ Indeed not. Properly understood, the main conclusion of Adjustment in Africa, that ‘In the African countries that have undertaken and sustained major policy reforms, adjustment is working’, is defensible, but it is clear from the evidence just presented that it would be quite wrong (but temptingly easy)9 to infer from this that adjustment programmes are working.

Moreover, the trend appeared to be a deteriorating one, with a 61 per cent breakdown rate among programmes in the period from 1990–1 to 1992–3. The analysis excluded ESAF programmes because of the absence of a time series. However, analysis of data as at end-April 1993 revealed that of the twenty-five ESAF programmes that should have been completed by that date, only five had actually been concluded within the original timetable, a further fourteen had been extended and two had apparently been abandoned outright.

Download PDF sample

Rated 4.79 of 5 – based on 28 votes