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  • © 1992

Development Finance and Policy Reform

Essays in Theory and Practice of Conditionality in Less Developed Countries

Palgrave Macmillan

Part of the book series: International Political Economy Series (IPES)

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Table of contents (13 chapters)

  1. Front Matter

    Pages i-xi
  2. Introduction

    1. Introduction

      • Paul Mosley
      Pages 1-5
  3. Rationale and Donor Perspectives

    1. Front Matter

      Pages 7-7
    2. Policy-Based Lending by the World Bank

      • Moeen Ahmad Qureshi
      Pages 9-24
    3. Policy-Based Lending: an ODA Perspective

      • Peter Sandersley
      Pages 54-81
  4. The Politics of Conditional Lending

    1. Front Matter

      Pages 83-83
    2. A Theory of Conditionality

      • Paul Mosley
      Pages 129-153
  5. Conditionality into the 1990s: a Forward Look

    1. Front Matter

      Pages 257-257
  6. Back Matter

    Pages 317-338

About this book

Conditionality has long been used by the IMF, and more recently by World Bank and bilateral donors, as an instrument for improving the effectiveness of international finance. This collection of essays, by representatives of donors and recipients as well as independent observers, suggests that because of recipients' increased bargaining power, such an improvement has seldom resulted.

Editors and Affiliations

  • Institute for Development Policy and Management, University of Manchester, UK

    Paul Mosley

Bibliographic Information

Buy it now

Buying options

eBook USD 129.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 169.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access