Aid and the Political Economy of Policy Change

by Tony Killick

Overview

This volume looks at the effectiveness of conditionality in structural adjustment programmes. Tony Killick charts the emergence of conditionality, and challenges the widely held assumption that it is a co-operative process, arguing that in fact it tends to be coercive and detrimental to development objectives. Through detailed case studies of twenty one recipient countries, he explores the key issues of:
* ownership
* role of agencies
* government objectives and the effects of policy.
The conclusion is that conditionality has been counterproductive to price stability, economic growth and investment.

Product Details

ISBN-13:	9780415187053
Publisher:	Taylor & Francis
Publication date:	09/24/1998
Pages:	244
Product dimensions:	6.12(w) x 9.19(h) x (d)

About the Author

Tony Killick

Table of Contents

List of tables, Preface, List of abbreviations, 1 The practice and justification of conditionality, 2 What has adjustment conditionality achieved?, 3 Conditionality and adjustment in South-east Asia and Latin America, 4 The ‘ownership' problem, 5 The model, the research, some results, 6 Rewards, punishments and the influence of national politics, 7 Alternatives to conditionality, Bibliography, Works cited in the main text, Chapter 3 regional references, Index

Editorial Reviews

'... should be required reading... an excellent account of the failure of the current system of donor-assisted economic policy reform in developing countries.' - Political Studies

From the Publisher

Charts the growth of conditionality and challenges the official view that it is not coercive, using evidence on World Bank and International Monetary Fund adjustment programs to show that these have often not brought decisive improvements in policies or economic outcomes. Through detailed case studies of 21 developing countries, regional studies, and other evidence since the 1980s, this study employs a principal-agent framework to explore the reasons for this failure. Includes a large fold-out table on economic policy reforms in 21 developing countries, 1980-94. Killick is a senior research fellow of the Overseas Development Institute, London, and a visiting professor at the University of Surrey. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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