© 1992

Development Finance and Policy Reform

Essays in the Theory and Practice of Conditionality in Less Developed Countries

  • Paul Mosley

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

Table of contents

  1. Front Matter
    Pages i-xi
  2. Introduction

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

    1. Front Matter
      Pages 7-7
    2. Moeen Ahmad Qureshi
      Pages 9-24
    3. Peter Sandersley
      Pages 54-81
  4. The Politics of Conditional Lending

  5. Results

  6. Conditionality into the 1990s: a Forward Look

  7. 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.


development development aid Development Finance Eastern Europe international finance political economy

Editors and affiliations

  • Paul Mosley
    • 1
  1. 1.Institute for Development Policy and ManagementUniversity of ManchesterUK

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