conditionality

(noun)

A condition applied to the access of a government to credit facilities and other international financial assistance, especially from the IMF and the World Bank.

Related Terms

Examples of conditionality in the following topics:

  • Heat Pumps and Refrigerators

    • Heat pumps, air conditioners, and refrigerators utilize heat transfer from cold to hot.
    • It is essentially an air conditioner and a heating unit all in one.
    • Air conditioners and refrigerators are designed to cool something down in a warm environment.
    • We thus define the coefficient of performance (COPref) of an air conditioner or refrigerator to be
    • Also, from Qh>Qc, we see that an air conditioner will have a lower coefficient of performance than a heat pump.

  • Leadership Traits

    • Traits of effective leaders are conditionally dependent and have been debated for years, but researchers have identified some commonalities.

  • Valuing Repairs, Maintenance, and Additions

    • For example, installing an air conditioner in an automobile that did not previously have one is a betterment.
    • For example, installing an air conditioner in an automobile that did not previously have one is a betterment.

  • It's not just photocopiers and carpets

    • The Carrier air-conditioning company in the USA, for example, leases cooling services to its clients rather than air conditioners.

  • The International Monetary Fund (IMF)

    • IMF conditionality is a set of policies or "conditions" that the IMF requires in exchange for financial resources.
    • Conditionality is the most controversial aspect of IMF policies.
    • Conditionality also reassures the IMF that the funds lent to them will be used for the purposes defined by the Articles of Agreement and provides safeguards that country will be able to rectify its macroeconomic and structural imbalances.

  • Legionellosis

    • In the 1970s, the CDC investigated a large outbreak of legionellosis at Baptist Hospital that was spread through its air conditioner.

  • Economic Aid and Sanctions

    • A major proportion of aid from donor nations is based on conditionality, meaning that the aid comes with conditions.
    • Similarly, the World Bank and the International Monetary Fund, as primary holders of developing countries' debt, attach structural adjustment conditionalities to loans which generally include eliminating state subsidies and the privatizing state services.

  • Absolute Convergence and Ratio and Root Tests

    • (A convergent series that is not absolutely convergent is called conditionally convergent.)
    • otherwise the test is inconclusive (the series may diverge, converge absolutely, or converge conditionally).

  • Soaps & Detergents

    • Cationic detergents often exhibit germicidal properties, and their ability to change surface pH has made them useful as fabric softeners and hair conditioners.

  • The Importance of Seedless Vascular Plants

    • The ability of Sphagnum to hold moisture makes the moss a common soil conditioner.