The IMF, LIDC reform and the post-Washington consensus -- The IMF and LIDCs -- Theorizing post-Washington consensus LIDC reform -- The HIPC and HIPC II initiatives -- 'Pro-poor' concessionary lending : the PRGF -- Deepening the IMF's development model : the ECF, RCF, and SCF reform -- Conclusion

This working paper provides an analysis of the efforts by the European Union to support democracy building in developing countries. It focuses on the specific question of the legal obligations of, and limits for, the European Union in seeking to further democracy through its policies directed at...

Performance-based aid has been proposed as an alternative to the failed traditional approach whereby donors make aid conditional on the reform promises of recipient countries. However, hardly any empirical evidence exists on whether ex post rewards are effective in inducing reforms. We attempt...