Development Finance and Policy Reform Essays in the Theory and P
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 a
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Paul Mosley Professor of Development Economics and Policy and Director, Institute for Development Policy and Management University of Manchester
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St. Martin's Press
Selection, editorial matter and Chapters I, 7 © Paul Mosley 1992 Chapters 2-13 ©The Macmillan Press Ltd 1992 All rights reserved, No reproduction, copy or transmission of this publication may be made without written permission. No paragraph of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988. or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, 90 Tottenham Coun Road, London W I P 9HE. Any person who does any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. First published in Great Britain 1992 by THE MACMILLAN PRESS LTD Houndmills, Basingstoke, Hampshire RG21 2XS and London Companies and representatives throughout the world A catalogue record for this book is available ISfrom the British Library ISBN 978-1-349-22221-6 ISBN 978-1-349-22219-3 (eBook) DOI 10.1007/978-1-349- 22219-3
First published in the United States of America 1992 by Scholarly and Reference Division. ST. MARTIN'S PRESS, INC., 175 Fifth Avenue, New York, N.Y. 10010 ISBN 978-0-312-07915-4 Library of Congress Cataloging-in-Publication Data Development finance and policy reform: essays in the theory and practice of conditionality in less developed countries I edited by Paul Mosley. p. cm.-(Intemational political economy series) Includes bibliographical references and index. ISBN 978-0-312-07915-4 1. Loans, Foreign-Developing countries. 2. Economic stabilization-Developing countries. I. Mosley. Paul. 11. Series. HJ8899.D495 1992 336.3'435'091 724-dc20 91-42578 CIP
Dennis C. Pirages and Christine Sylvester (editors) TRANSFORMATIONS IN THE GLOBAL POLITICAL ECONOMY GarryRodan THE POLITICAL ECONOMY OF SINGAPORE'S INDUSTRIALIZATION Jorge Rodr£guez Beruff, J. Peter Figueroa and J. Edward Greene (editors) CONFLICT, PEACE AND DEVELOPMENT IN THE CARIBBEAN Patricia Ruffin CAPITALISM AND SOCIALISM IN CUBA Roger Southall (editor) LABOUR AND UNIONS IN ASIA AND AFRICA Frederick Stapenhurst POLITICAL RISK ANALYSIS AROUND THE NORTH ATLANTIC Peter Utting ECONOMIC REFORM AND THIRD-WORLD SOCIALISM Fiona Wilson SWEATERS: GENDER, CLASS AND WORKSHOP-BASED INDUSTRY IN MEXICO David Wurfel and Bruce Burton (editors) THE POLITICAL ECONOMY OF FOREIGN POLICY IN SOUTHEAST ASIA
International Political Economy Series General Editor: Timothy M. Shaw, Professor of Political Science and International Development Studies, Dalhousie University, Nova Scotia Robert Boardman PESTICIDES IN WORLD AGRICULTURE Inga Brandell (editor) WORKERS IN THIRD-WORLD INDUSTRIALIZATION Richard P. C. Brown PUBLIC DEBT AND PRIVATE WEALTH Bonnie K. Campbell (editor) POLITICAL DIMENSIONS OF THE INTERNATIONAL DEBT CRISIS Bonnie K. Campbell and John Loxley (editors) STRUCTURAL ADJUSTMENT IN AFRICA Jerker C
