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Aid Harmonisation and Alignment: Bridging the Gaps between Reality and the Paris Reform Agenda
Author(s) -
Rogerson Andrew
Publication year - 2005
Publication title -
development policy review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.671
H-Index - 61
eISSN - 1467-7679
pISSN - 0950-6764
DOI - 10.1111/j.1467-7679.2005.00301.x
Subject(s) - conditionality , bridging (networking) , sanctions , transaction cost , aid effectiveness , economics , public economics , market liquidity , business , political science , finance , developing country , economic growth , politics , law , computer network , computer science
The Paris agenda on aid effectivess emphasises support for recipient‐owned development strategies, increased use of national systems and more co‐ordinated and predictable donor actions. Monitorable targets for such behaviour have been agreed, but the connections with expected development benefits are as yet unproven. Alternative views of the rationale for aid agencies, transaction costs and conditionality, in which there is rarely complete preference alignment and trust between donors and recipients, introduce further complications. Four additional policy measures are identified which cannot be managed easily within the Paris agenda: better international balancing of aid allocations; new instruments with longer commitment horizons; liquidity arrangements to enable ‘scaling up’ across several countries; and independent aid rating institutions linked to market‐like sanctions.