Aid and the Political Economy of Policy Change

This volume looks at the effectiveness of conditionality in structural adjustment programmes. Tony Killick charts the emergence of conditionality, and challenges the widely held assumption that it is a co-operative process, arguing that in fact it tends to be coercive and detrimental to development objectives. Through detailed case studies of twenty one recipient countries, he explores the key issues of:* ownership* role of agencies* government objectives and the effects of policy.The conclusion is that conditionality has been counterproductive to price stability, economic growth and investment.