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Too much, too quickly : the woes of budget support

Document type: article
Download file(s): 340699 (135 KB)
Abstract: The new millennium saw a shift from project aid to budget support, which channels funds directly to recipient governments. Budget support seeks to improve ownership and accountability in partner countries, and requires them to meet certain conditions, such as the development of sound economic policy, fighting poverty and good governance. Many have criticized budget support, however, arguing that it plays into the hands of corruption in partner countries. Studies on budget support tell conflicting stories, making it difficult to assess its impact. However, there is evidence that it is effective in achieving modest long-term objectives.
Authors: Kemp, A. de , Leiderer, S.
End Page: 19
Serial number: 26
ISSN: [1874-2033]
Journal: The Broker
Keywords: development policy , aid financing , corruption
Language: eng
Organization: The Broker
Year: 2011
Right: © 2011 IDP. This article has been licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 Unported license.
Subject: Development Cooperation General
Start Page: 16
Title: Too much, too quickly : the woes of budget support