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But it was the wrong sort of conditionality.
If politics in the periphery turns sour, that sort of conditionality could prove impossible to enforce.
(Actually, it is not fully clear precisely what sort of conditionality the Democrats wish to attach to the emergency cash injections they are currently advocating — they have yet to spell this out, and in his "60 Minutes" interview over the weekend, President-elect Obama was studiously vague. He did make clear, in broad terms, however, that he wants to link the aid to a plan for a greener Detroit).
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It was "tragically comic" that India and Pakistan, after "bleeding their economies" to pay for arms, "beg and submit to all sorts of conditionalities from international lending institutions".
But, a peace settlement with the Taliban now, while they control or contests forty percent of Afghanistan, would not be in the U.S. national interests and should not be included in any sort of American conditionality of support construct.
That is the kind of conditionality designed to appeal to German sensibilities.
Forget "light" forms of conditionality.
Again, a mixture of conditionality and in-work support is needed to make reform effective.
The ugly: In our earlier notes, we warned of the danger of "conditionality creep" in Spain.
We review the effects of conditionality on service flows and provide a framework for identifying the cost-effective level of conditionality stringency.
But there is also the matter of conditionality - what more Spain would have to do in return.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com