01810cas a2200253 a 4500 AALejournalIMF016980 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498379847 1018-5941 BD-DhAAL BD-DhAAL Crivelli, Ernesto. Does Conditionality Mitigate the Potential Negative Effect of Aid on Revenues? / Ernesto Crivelli, Sanjeev Gupta. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (28 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper assesses whether conditionality in IMF-supported programs has helped offset the potential negative effect of foreign aid on tax revenues. The analysis-carried out on panel data covering 1993-2012 for 111 low- and middle-income countries-shows that growing use of revenue conditionality by low-income countries partially offsets the depressing effect of foreign grants on tax revenue, particularly on taxes on goods and services. The impact of conditionality is strong in countries where aid dependence is high and where institutions are strong, suggesting that revenue conditionality cannot substitute for weak institutions in mitigating the negative effect of aid on tax revenue collection. Mode of access: Internet Gupta, Sanjeev. IMF Working Papers; Working Paper ; No. 2016/142 Full text available on IMF http://elibrary.imf.org/view/journals/001/2016/142/001.2016.issue-142-en.xml IMF e-Library