Conditionality has long been used by the IMF, and more recently by World Bank and bilateral donors, as an instrument for improving the effectiveness of international finance. This collection of essays, by representatives of donors and recipients as well as independent observers, suggests that because of recipients' increased bargaining power, such an improvement has seldom resulted.

SUPERVISORY MANAGEMENT inspires students--emphasizing the positive approach of working cooperatively WITH people to develop and empower them to better perform in their working roles.

Conditionality has long been used by the IMF, and more recently by World Bank and bilateral donors, as an instrument for improving the effectiveness of international finance. This collection of essays, by representatives of donors and recipients as well as independent observers, suggests that because of recipients' increased bargaining power, such an improvement has seldom resulted.

SUPERVISORY MANAGEMENT inspires students--emphasizing the positive approach of working cooperatively WITH people to develop and empower them to better perform in their working roles.