conditionality

(noun)

A condition applied to the access of a government to credit facilities and other international financial assistance, especially from the IMF and the World Bank.

Related Terms

Examples of conditionality in the following topics:

  • Economic Aid and Sanctions

    • A major proportion of aid from donor nations is based on conditionality, meaning that the aid comes with conditions.
    • Similarly, the World Bank and the International Monetary Fund, as primary holders of developing countries' debt, attach structural adjustment conditionalities to loans which generally include eliminating state subsidies and the privatizing state services.