Forum Overview The Forum discussed experiences and lessons learned on conditionality—from the perspective of borrowers, donors, civil society and informed observers. Below you will find attached several discussion papers that had been prepared as background papers for the individual sessions. Session 1. Conditionality Revisited—What has changed? This session provided an overview on the current policy framework and recent experiences in streamlining conditionality in World Bank- and IMF- supported programs. To what extent has streamlining led to a more manageable set of Bank and Fund conditionality? Has it reduced the burden on or limited flexibility for borrowers? Backgrounds Papers*: 1. Country Ownership: A Term Whose Time has Gone (W. Buiter).
2. Fund Conditionality - A Provisional Update (A. Thomas/T. van der Willigen)
3. IMF Conditionality and Ownership (M. Allen)
4. Experience with World Bank Conditionality (S. Koeberle/T. Malesa)
5. Conditionality—Under What Conditions? (S. Koeberle)
6. Streamlining Conditionality in Bank- and Fund- Supported Programs (Z. Abdildina, J. Jaramillo)
7. Did Conditionality Streamlining Succeed? (T. Killick)
Session 2. Policy Approaches and Policy Based Lending—What have we learned? Drawing on the lessons on aid effectiveness, this session discussed some of the critical factors for the success and failure of policy-based lending. Given the importance of the country policy environment as a determinant of development effectiveness, what contribution can the design and content of conditionality make to the effective use of financial support? What have been the outcomes of conditionality in policy-based lending and what are the lessons for different approaches to policy-based lending? Backgrounds Papers: 1.Policy-based Lending, Conditionality, and Development Effectiveness (A. Chhibber)
2. Policy-based Lending in LICUS Countries (P. Collier)
3. Brazil Experience (J. Levy)
4. Does World Bank Effort Matter for Success of Adjustment Operations? (P. Silarszky/T. Malesa)
5. The Growth Experience: What Have We Learned from the 1990s?6. Unsuccessful Adjustment Operations—Common Factors and Lessons Learned (S. Sehili)
Session 3. Toward Country Owned Approaches - Do we still need conditionality? This session discussed the complex relationship among conditionality, country capacity and country ownership. Is conditionality still needed, particularly as policy-based lending/budget support is increasingly relying on country-owned programs (such as the Poverty Reduction Strategy Papers)? How compatible is conditionality with country ownership? Is ex-ante or ex-post conditionality more appropriate? Backgrounds Papers: 1. Toward Country-owned Approaches—Do We Still Need Conditionality? (M. Ahmed)
2. (K. Dervis)
3. Toward Multi-Year Outcome Based Conditionality (G. Hervio)
4. Conditionality and Country Performance (H. Bedoya)
5.Adjusting Conditionality : Prescriptions for Policy-Based Lending (D. Morrow)
Session 4. Partnerships in Policy-Based Lending/Budget support The final session of the forum reflected upon how donor coordination and partnerships help improve the use of conditionality in budget support/policy-based lending. What are the appropriate arrangements for effective partnerships in supporting a country's budget and/or policy agenda? How can different approaches to collaboration enhance the delivery of predictable financing? How to align donor and partner support when country performance is not adequate? Backgrounds Paper: 1. Partnerships in Policy-based Lending (R. Manning)
2. Policy-based Lending—An Experience of Vietnam (Dr. D.Duc Ung)
3. Partnership versus Conditionality in Policy-Based Lending (O. Morrisey)
4. Partnerships in Policy-based Lending (P. Watt) *The background papers in this series are not formal publications of the World Bank. They are circulated to encourage thought and discussion. The use and citation of these papers should take this into account. The views expressed are those of the authors and should not be attributed to the World Bank
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