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Erschienen in:
2016 | OriginalPaper | Buchkapitel
3. Trade-Offs and Risks in Results-Based Approaches
verfasst von : Claire Chase, Aidan Coville
Erschienen in: Broken Pumps and Promises
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Abstract
The growth in results-based approaches (RBA) to development financing is motivated by the underlying assumption that these approaches will incentivize implementing agencies to more closely align their actions and exert more focused effort on achieving the objectives of the program that have been agreed upon by the recipient and donor. At the same time RBAs strengthen accountability of both recipient and donor, by generating objective evidence that the agreed upon results have been achieved. But it should not necessarily be taken for granted that they are a more efficient approach to development just because payments are tied to results. If donor and government objectives are misaligned, RBA can help focus government actions towards a clear target that they may not otherwise focus on, but this comes with a shift in the risk burden towards the government agency, which is likely to come with an implicit risk premium.