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The last problem, conditionality, refers to the need to verify efforts made to avoid deforestation.
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A third problem is that work-conditionality rules may in practice lead to inequity between welfare recipients and other citizens.
Dr Gerard Lyons, chief economist at Standard Chartered, argues that the ECB has done 'just enough' for now, but agrees that the conditionality demand could be a problem: Gerard Lyons (@DrGerardLyons) Challenge is conditionality attached to ECB help & the austerity implied.
"The E.C.B. needs to deal both with the stress in the markets and with the underlying economic problems, and you deal with both better with conditionality.
However, there is much less public support for extending benefit conditionality and activation approaches to people with health problems.
The independent analysis of FRPs is not accurate, nor realistic and ignores certain conditionalities and external dependencies (cf. Galton's problem)8.
Luke Baker of Reuters: One problem with the ECB's new policy is the time lag between measuring conditionality, and the need to go on buying bonds in the meantime Lee McDarby of Investec Corporate Treasury: The market's reaction...has been largely muted.
The study adds an extra layer of detail to the standard Trussell Trust data collection approach, which cannot easily disaggregate referrals caused by administrative delays and those relating to problems caused directly by specific government policy changes, such as tighter benefit conditionality, or mandatory reconsideration of appeals against work capability assessments.
But nothing changes the fundamental difficulty: how Greece can be helped if it continues to reject the proposition of conditionality for money.The irony is that some of the larger problems—how to handle Greece's debt stock, how tight a fiscal ship it must run, what reforms the government should work on look soluble.
A first important set of arguments against work-conditionality appeals to problems of vulnerability and equity in the application of work conditions in a social minimum policy regime.
Nor will conditionality.
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