Conditionality

(Redirected from Conditionalities)

Categories: Economics and finance stubs | Development

A conditionality in international development is a condition attached to a loan or to debt relief, typically by the International Monetary Fund or World Bank. Conditionalities may involve relatively uncontroversial requirements to enhance aid effectiveness, such as anti-corruption measures, but they may involve highly controversial ones, such as the privatization of key public services, which may provoke strong political opposition in the recipient country.

See also

• structural adjustment
• IMF
• World Bank
• HIPC

References

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External links

• Conditionality in IMF-supported programs - overview [1]
• David Hall and Robin de la Motte, Dogmatic Development: Privatisation and conditionalities in six countries, War on Want [2]
• "The Future of Aid Conditionality", Globalization Institute [3]
• Big Picture TV Free video clip of Martin Khor (Director, Third World Network) speaking about structural adjustment
• ActionAid, April 2004, "Money talks: How aid conditions continue to drive utility privatisation in poor countries"