In consequence, the discourse of economic conditionality demands a well-constructed legal system to avoid excesses and departures from its aim.
Unfortunately, in Eritrea's development partnership with the EU, a key principle is the "non-imposition of any political and/or economic conditionality".
The study also looks into the proposals put forward by the Parliament and the Commission and gives recommendations: it proposes, in particular, the signing of the European Convention on Human Rights by the EU as well as the introduction of economic conditionality into EU Cohesion Policy and its funds as a sanction mechanism.
Even with the most difficult element to find an agreement on, macro-economic conditionality, we have fought for a compromise that will make it impossible for this mechanism to ever be applied in practice," said Constanze Krehl (S&D, DE), co-rapporteur, for the Common Provisions regulation.
Nevertheless China's particular brand of economic and political conditionality has now acquired its own vocabulary with the term "Sharp Power," describing the kind of coherent, full-spectrum interest peddling that should be familiar to most China watchers by now.
The U.S. has used this influence to further its long-term foreign policy objectives and short-term political and economic goals by imposing conditionality on replenishment negotiations.
In addition to legal obligations, and partnerships involving global and national stakeholders, economic pressure and funding conditionality – historically associated with World Bank lending – provide a third process for encouraging policy change at country level.
Mr. Van Rompuy also sketched out a separate but related plan to offer countries money or other assistance in exchange for meeting economic targets, the kind of conditionality designed to appeal to Germany.
Lending for economic restructuring, as well the financial conditionalities imposed for receiving assistance, were policy traditions passed down from one Governing Board and Executive Director to the next [ 52].
Prof Peter Dwyer, of the University of York, who is involved in a five-year Economic and Social Research Council-funded study of benefits conditionality, said: "[This] is political dynamite.
