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Budget Support as More Effective Aid - Recent Experiences and Emerging Lessons (Paperback)
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Budget Support as More Effective Aid - Recent Experiences and Emerging Lessons (Paperback)
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Budget support has become an increasingly important instrument in
the context of a partnership-based approach to development
assistance. Compared to traditional modes of aid delivery, it
promises greater country ownership, reduced transaction costs,
better donor coordination, scaling up of poverty reduction and
potentially greater development effectiveness. This book presents a
timely and valuable review of key concepts, issues, experiences and
emerging lessons relevant to budget support. It provides an
overview of principal characteristics, expectations and concerns
related to budget support, key design and implementation issues, as
well as some practical experiences. The contributors include
government representatives from developing countries, leading
academic scholars, bilateral development agencies and development
practitioners from international financial institutions, including
the World Bank and the International Monetary Fund. They present a
wide range of views on key issues such as the choice of
instruments, alignment of budget support with country programs,
predictability, and coordination and conditionality. The authors
draw their insightful analysis on the contemporary research and
evaluation work, as well as the broad practical experience with
budget support. This book will be of great interest to
practitioners in aid-recipient countries and international
financial institutions, bilateral agencies and civil organizations
involved in budget support.
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