Aid, Poverty Reduction and the ‘New Conditionality’
研究援助对贫困的影响,而非经济增长;通过构建亲贫公共支出指数,发现其与不平等和腐败共同决定援助的减贫效果,并提出一种更灵活的新条件性形式。
The paper examines the effect of aid on poverty, rather than on economic growth. We devise a 'pro‐poor (public) expenditure index', and present evidence that, together with inequality and corruption, this is a key determinant of the aid's poverty leverage. After presenting empirical evidence which suggests a positive leverage of aid donors on pro‐poor expenditure, we argue for the development of conditionality in a new form, which gives greater flexibility to donors in punishing slippage on previous commitments, and keys aid disbursements to performance in respect of policy variables which governments can influence in a pro‐poor direction.