The World Bank’s new Program for Results (PforR) instrument is only the third instrument approved by its Board and the first to directly link disbursements to results.
How Should Donors Respond to Resource Windfalls in Poor Countries? From Aid to Insurance - Working Paper 372
Natural resources are being discovered in more countries, both rich and poor. Many of the new and aspiring resource exporters are low-income countries that are still receiving substantial levels of foreign aid.