0

https://www.thehindu.com/opinion/lead/reimagining-the-niti-aayog/article28118992.ece - In this article, I did not understand what "conditionalities" meant in the following sentence from the 6th paragraph:

In short, the NITI Aayog should be engaged with the allocation of “transformational” capital in a formulaic manner, complete with incentive-compatible conditionalities.

My understanding is that it means that the organization NITI Aayog should incorporate measures that could be conditionally applied and that could be incentivised. Can someone help me to clarify the meaning?

4
  • 1
    Hello, Ananya. Perhaps if you wrote to them and hinted that you had quite a bit to invest if they could explain their strange use of language ...? Jun 25 '19 at 18:31
  • Hello, Edwin. As a matter of fact, I did comment on this article asking the same but the comments get reviewed first, and mine hasn't been posted up yet.. Jun 25 '19 at 18:34
  • Wikipedia gives a basic definition of conditionality, but that doesn't help with the actual details of exactly who imposes exactly what. Jun 25 '19 at 18:38
  • Yes, dictionary definition was the first thing I looked up too, and tried to fit a meaning to it, but couldn't. I will have to make do with what I think they mean till, hopefully, someone understands this strange usage. Jun 25 '19 at 19:04
1

It appears to me as if 'conditionalities' is being used here as a fancy term for 'conditions'.

'Incentive-compatible' is being used as an adjective. This adjective suggests perhaps that the conditions should be favourable and offer incentives.

7
  • Okay, thank you, @tom. I understand that conditions should offer incentives, but how do I understand favorable? Do they imply so when they say "incentive-compatible"? Jun 25 '19 at 19:07
  • It means that the there should be a properly defined and consistent (formulaic) system for allocating transformational capital, and that the conditions on which transformational capital is allocated should be compatible with incentivising whatever transformation it is they are trying to bring about - in that sense they should be favourable.
    – user339660
    Jun 26 '19 at 6:11
  • 'Looks to me ...' almost always gets my downvote. Please check at the Help Center about respectable answers. Jun 26 '19 at 10:28
  • @EdwinAshworth - point taken and answer edited. Thanks for the gentle rebuke.
    – tom
    Jun 27 '19 at 10:06
  • I read 'incentive-compatible' as meaning 'avoiding dis-incentives' rather than 'providing extra incentives'.
    – BoldBen
    Jun 27 '19 at 15:43

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.