Saturday, 4 December 1999

From "Aid, Conditionality, and Debt in Africa"

By Ravi Kanbur, p. 3.

A study done by the Operations Evaluation Dept. of the World Bank looked at compliance rates on structural adjustments loan conditions. With the loans come conditions, it is a contract between the World Bank and the government, and the countries are meant to fulfill the conditions and then the money is released. Compliance rates on the conditions run from 30% to 40%. Release rates on the money run to 99.9%. What is going on? It is a contract, there are conditions in that contract, the core of it is this conditionality, but the compliance rate on these conditions is 30%-40% and the release rate is 99.9%.

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