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Home > Resources > Ethics & International Affairs Journal > Volume 17.1 (Spring 2003) > Special Section: Special Section: Achieving Global Economic Justice |
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Assistance with Fewer Strings Attached [Abstract]
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March 2, 2003
International organizations and bilateral donors often tie financial assistance
to the undertaking of political and economic reforms––a practice known as
conditionality. In recent years, the use of good governance conditionality has
provoked controversy in the academic and policy worlds. So far, the issue of
whether conditionality is effective in achieving compliance with good governance
norms has occupied center stage in the debate. However, whether it is morally
defensible to attach political conditions to financial assistance has largely
been taken for granted.
This article explores the extent to which it is morally defensible to attach
good governance conditions to aid and loans in international society. It argues
that the use of conditionality should be limited for two reasons. First, there
is an unavoidable tension between conditionality and rights to
self-determination. Second, focusing on conditionality can obscure the fact that
the rules of the international economy are no less contestable than the
governance of individual states, and, in turn, are in just as great a need of
reform. This leads to two main conclusions. First, the use of conditionality
should now be rooted in a conception of basic rights and complemented by more
equitable rules in the global economy. Second, the attempt to make good
governance within states an issue of global concern must be accompanied by
greater democratization of the international financial institutions.
To read or purchase the full text of this article, click here.
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The Carnegie Council's flagship publication, Ethics & International Affairs is an interdisciplinary resource for scholars, students, and policy analysts concerned with the moral dimensions of global issues. The journal covers global justice, civil society, democratization, international law, intervention, sanctions, and related topics.
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RESPONSES
The Editors welcome responses to Features and Essays published in Ethics & International
Affairs. To be considered for publication, responses should be no longer than one
thousand words, including endnotes (which
should be kept to a minimum). Responses
are not peer-reviewed, and are published at
the Editors' discretion. All responses are
subject to editing for length and style. In the
event of any questions or substantive editing,
the response will be returned to the author
for final approval prior to publication.
Responses are published online, alongside
the article they address.
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