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Edited By: Shanta Devarajan, David Dollar and Torgny Holmgren
Summarizes the findings from case studies that investigate whether, when, and how foreign aid has affected economic policy in Africa. The authors concludes that donors have three basic instruments that they can use to encourage adoption of good economic policies in developing countries: money, conditionality, and technical assistance/policy dialog. The case studies in this project show examples in which each of these instruments helped countries' improve their policies.
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