Conditionality Revisited: Concepts, Experiences, and Lessons

By Stefan Koeberle

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Why revisit conditionality? The tension between country ownership and conditionality emerged as a central issue in the debates about policy-based lending. Over the past quarter century, the development community has learned from the experience with policy-based lending around the world. Among the most important lessons are that conditionality cannot substitute ownership. T Why revisit conditionality? The tension between...

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April 1st 2005 by World Bank Publications
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