The critique of conditionality has led to the recent emphasis on "ownership" by the recipient government. To promote ownership it has been suggested that traditional ex ante conditionality based on (promises) of policy changes be replaced by ex post conditionality in which aid is based on performance in terms of ultimate objectives. In this spirit, the European Commission has reformed its adjustment aid. This article reviews early experience with the EU initiative in four countries: Benin, Bu...Expand abstract
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Performance-Based Conditionality: A European Perspective.
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