Journal Article

Social Investment Funds: An Organizational Approach to Improved Development Assistance

William Jack

in The World Bank Research Observer

Published on behalf of World Bank

Volume 16, issue 1, pages 109-124
Published in print May 2001 | ISSN: 0257-3032
Published online May 2001 | e-ISSN: 1564-6971 | DOI: http://dx.doi.org/10.1093/wbro/16.1.109
Social Investment Funds: An Organizational Approach to Improved Development Assistance

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This paper examines the design of social investment funds (sifs) and explores the ways they affect agents' incentives to propose, select, and implement good projects. Compared with other forms of decentralized service provision, sifs possess features of administratively delegated authority and deep political devolution. Where existing political institutions fail to deliver assistance to vulnerable groups, a well‐designed sif may represent a useful administrative alternative. This article reviews several features that provide incentives for both sif staff and project beneficiaries and concludes with practical guidelines for designing and appraising social investment funds.

Journal Article.  0 words. 

Subjects: Development Planning and Policy

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