The importance of a better design of conditionality for improving implementation of World Bank-supported reforms: The case of Sub-Saharan African countries
AbstractSome recent empirical research suggests that the implementation of policy reforms is largely dependent on domestic political economy factors. This finding is taken to suggest that aid and adjustment lending should only be provided to those countries that, on the basis of certain characteristics, are more likely to implement policy reform. We put these issues to scrutiny by employing a sophisticated World Bank dataset to explain Sub-Saharan African programme countries’ compliance record. Our empirical results highlight the role of a country’s income status, economic performance and political stability during the programme, the external economic environment, the size of financial support for the reform programme, and initial macroeconomic conditions. These results contradict the evidence underpinning the selectivity approach to policy-based lending and suggest that poor compliance is not the result of low implementation capacity and poor institutional quality alone but also a consequence of poor policy design.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Business School - Economics, University of Glasgow in its series Working Papers with number 2004_6.
Date of creation:
Date of revision:
This paper has been announced in the following NEP Reports:
You can help add them by filling out this form.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jeanette Findlay).
If references are entirely missing, you can add them using this form.