Series: IMF Working Papers
Author(s): Giovanni Dell'Ariccia , and Tito Cordella
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2002
Keywords: Asymmetric Information, social spending, poverty alleviation, Information And Uncertainty, Welfare And Poverty,
When donors and recipients have different preferences over budgetary allocations, conditionality helps the implementation of donor-financed poverty reduction programs. However, if donors cannot perfectly monitor al...