Output-based aid in the urban water sector - Insights from New Institutional Economics
This essay examines if and how output-based aid (OBA) in the urban water sector contributes to long-term and pro-poor development. OBA is a results-based method where contractual agreements stipulate subsidy payments on delivery of outputs, rather than subsidies towards project inputs. To study the characteristics and effects of OBA, the essay adopts a New Institutional Economics perspective, and
