EU Funds Provided to the New Member States: Relevance for ODA and Achieving the Monterrey Consensus

The EU transfers provided to the New Member States and candidate countries are generally viewed as having been efficiently used in promoting development in these economies. This paper examines the conditionality and institutional arrangements used to manage these transfers, and asks if there are lessons to be learned that could be applied to improve the absorptive capacity of assistance provided to developing countries.New Member States, Cohesion Funds, Economic Assistance, Official development Assistance, Conditionality, Economic integration, European Union Enlargement