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Geography

How Foreign Aid Conditionality Influences Domestic Policy Reforms

Quick fact

Aid conditionality has a low track record: studies find that only a fraction of conditions attached to IMF and World Bank loans are ever fully implemented, and even when implemented, they often don't lead to lasting reforms.

Why this is interesting

Imagine being given money to do a chore you don't believe in—you might take the cash, promise to do it, and then never actually do it. That's how many countries treat foreign aid conditionality.