International Economic Law, Globalization and Developing Countries
Show Less

International Economic Law, Globalization and Developing Countries

Edited by Julio Faundez and Celine Tan

International Economic Law, Globalization and Developing Countries explores the impact of globalization on the international legal system, with a special focus on the implications for developing countries.
Show Summary Details
You do not have access to this content

Chapter 6: The New Disciplinary Framework: Conditionality, New Aid Architecture and Global Economic Governance

Celine Tan


* Celine Tan** INTRODUCTION 1. ‘Country ownership’, ‘partnership’ and ‘participation’ are key pillars of what has become increasingly referred to as the ‘new aid architecture’. This prioritisation of ‘country-owned’ development strategies in the negotiations for development financing – including engendering a broad-based participatory policymaking process – signifies part of a wider conceptual shift in development policy and practice that has been taking place since the late 1990s. Catalysed primarily by the inception of the Poverty Reduction Strategy Paper (PRSP) framework, introduced in 1999 as preconditions for debt relief under the enhanced Heavily Indebted Poor Countries (HIPC) initiative and for concessional financing from the World Bank and the International Monetary Fund (IMF), this new blueprint for official development assistance (ODA) claims to move away from the prescriptive legacy of conditionality which has traditionally characterised the relationship between parties to such financing. In this respect, the principles underpinning the new aid architecture1 are regarded as the opposite of the doctrine of ‘conditionality’, operating as a conceptually and operationally divergent framework for regulat- * This chapter is drawn from the author’s book, Governance through Development: Poverty Reduction Strategies, International Law and the Disciplining of Third World States (2010), London: Routledge. ** Lecturer in Law, Birmingham Law School, University of Birmingham, Birmingham, UK. 1 The term ‘aid architecture’ is conventionally understood as ‘the set of rules and institutions governing aid flows to developing countries’ (IDA, 2007: para. 3). The terms ‘aid’, ‘official development assistance’ (ODA) and ‘development financing’ will be used interchangeably in this chapter to refer to grants...

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information

or login to access all content.