Abstract

WIESNER DURAN, Eduardo. THE DEVELOPMENTAL EFFECTIVENESS OF MULTILATERAL INSTITUTIONS UNDER COLLECTIVE ACTION RESTRICTIONS. Rev.econ.inst. [online]. 2007, vol.9, n.17, pp.23-42. ISSN 0124-5996.

This paper suggests that the best way to evaluate and drive development policy is to understand the root causes that explain the political economy restrictions limiting the developmental effectiveness of multilateral and bilateral institutions. To mitigate the deleterious effects of collective action restrictions this paper recommends a two-pronged interdependent strategy: an enhanced use of ex ante evaluation in all interventions and through a more intensive application of the paper trail approach; and changes of constitutional rules or macro-institutional conditions which determine the decisions made in all institutions.

Keywords : economic development; multilateral institutions; collective action restrictions.

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