Imf Conditionality

Author : John Williamson
Publisher : MIT Press (MA)
ISBN 13 :
Total Pages : 708 pages
Book Rating : 4.61/5 ( download)

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Download or read book IMF Conditionality written by John Williamson and published by MIT Press (MA). This book was released on 1983 with total page 708 pages. Available in PDF, EPUB and Kindle. Book excerpt: The twenty-one contributions in this book assess the controversy surrounding the Fund and provide judgments about the criteria for Fund lending which should help readers understand and analyze both its ongoing role in smoothing adjustment to international payments imbalances and its currently critical position in responding to the debt crisis.

Author : Erik M.G. Denters
Publisher : BRILL
ISBN 13 : 9004634703
Total Pages : 310 pages
Book Rating : 4.01/5 ( download)

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Download or read book Law and Policy of IMF Conditionality written by Erik M.G. Denters and published by BRILL. This book was released on 2023-08-28 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: IMF conditionality has been severely criticised by developing countries, who accuse the Fund of unjustly provoking political turmoil and causing poverty. This refers to the policies that a member country is required to follow in order to be able to use the Fund's resources. Conditionality is legally based on the requirement to adopt `adequate safeguards' for the use of resources as stipulated by the IMF's Articles of Agreement. This work focuses on legal implications and policy aspects and, more specifically, on the question of how far-reaching the requirement of `adequate safeguards' may be. Furthermore, the author demonstrates that conditionality is also affected by cooperative arrangements with other institutions, such as the World Bank and United Nations. A major conclusion is that there should be improvements in cooperation and in the monitoring of the application of Fund law on conditionality. Scholars and students who take a deep interest in international economic relations will find this book a unique opportunity to study the legal framework of conditionality. Government officials preparing for negotiations with the Fund will also benefit from reading this work.

Author : Erica R. Gould
Publisher : Stanford University Press
ISBN 13 : 9780804752794
Total Pages : 308 pages
Book Rating : 4.96/5 ( download)

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Download or read book Money Talks written by Erica R. Gould and published by Stanford University Press. This book was released on 2006 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: analyzes the changes in conditions placed on International Monetary Fund loans to states over the last fifty years and argues that the changes can be explained by shifts in the sources of the IMF's funding.

Author : Mr.S. Nuri Erbas
Publisher : International Monetary Fund
ISBN 13 : 1451852169
Total Pages : 19 pages
Book Rating : 4.65/5 ( download)

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Download or read book Imf Conditionality and Program Ownership written by Mr.S. Nuri Erbas and published by International Monetary Fund. This book was released on 2003-05-01 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: Program conditionality and ownership are important considerations in the IMF's current rethinking of program design. This paper contributes to the literature by developing a theory of program conditionality and ownership on the basis of Cumulative Prospect Theory. The policymaker may value a set of programs, each with fewer conditions, more than an extended program with as many conditions. This valuation bias is greater in ambiguity (Knightian uncertainty) than under uncertainty. If greater valuation of a program engenders more explicit and implicit ownership, then programs with fewer conditions may have a better chance of success. Less is more.

Author : Mr.James John
Publisher : International Monetary Fund
ISBN 13 : 9781557755001
Total Pages : 166 pages
Book Rating : 4.00/5 ( download)

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Download or read book IMF Conditionality written by Mr.James John and published by International Monetary Fund. This book was released on 1995-09-29 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper is part II of a two-volume study conducted as a part of the IMF's ongoing process of evaluating its lending facilities. It focuses on IMF-supported programs and macroeconomic performance during 1988-92, reflecting information available through the end of 1993. Part I (Occasional Paper No. 128) provides an overview of the principal issues and findings and distills the main message for future programs. Part II presents detailed examinations of selected policy issues in five background papers.

Author : Mr. Jochen R. Andritzky
Publisher : International Monetary Fund
ISBN 13 : 1513572695
Total Pages : 56 pages
Book Rating : 4.97/5 ( download)

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Download or read book How to Gain the Most from Structural Conditionality of IMF-Supported Programs written by Mr. Jochen R. Andritzky and published by International Monetary Fund. This book was released on 2021-05-13 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: Structural conditionality of IMF-supported programs is designed to support structural reforms by countries borrowing from the IMF. Taking stock of program conditions and their implementation, this paper finds that conditionality focuses on fiscal, monetary and financial issues—areas where IMF expertise is strong—and shies away from structural areas such as labor or product market reforms. Hence, tackling deep-rooted structural issues during IMF-supported programs often remained elusive. To ensure countries gain most from IMF conditionality, the paper outlines an evaluation matrix for prioritizing and designing structural reforms, and applies it to case studies.

Author : James Raymond Vreeland
Publisher : Routledge
ISBN 13 : 1134189524
Total Pages : 299 pages
Book Rating : 4.26/5 ( download)

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Download or read book The International Monetary Fund (IMF) written by James Raymond Vreeland and published by Routledge. This book was released on 2006-12-06 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a clear and concise introduction to the International Monetary Fund (IMF) and an overview of its debates and controversies. Where did the IMF come from? What does it do? Why do so many governments participate in its programs and what are their effects? How can we best reform this key global institution? These are some of the key questions addressed. In our age of thinking global, the IMF is a crucial institution and central to understanding international relations and current affairs. Founded in the aftermath of the Second World War, its basic purposes were to facilitate world trade and promote national prosperity. The founders hoped that never again would the world experience the trade policies that led up to the Great Depression. This book outlines and questions these targets and assesses actual achievements. It also details how despite originally focusing on Europe, the Fund has gradually shifted to involvement with poorer developing countries, but to what ends and with how much success? This study both poses and tackles the tough questions facing our global community today.

Author : Mr.Sanjeev Gupta
Publisher : International Monetary Fund
ISBN 13 : 1484389077
Total Pages : 31 pages
Book Rating : 4.72/5 ( download)

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Download or read book Expenditure Conditionality in IMF-supported Programs written by Mr.Sanjeev Gupta and published by International Monetary Fund. This book was released on 2018-12-07 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the impact of expenditure conditionality in IMF programs on the composition of public spending. A granular dataset on different government expenditure conditions covering 115 countries for the 1992-2016 period is compiled. The results support the view that while conditionality on specific elements of spending could help achieve a program’s short-term objectives, it is structural conditionality which delivers lasting benefits. Structural public financial management conditionality (such as on budget execution and control) has proven to be effective in boosting the long-term level of education, health, and public investment expenditures. The results further indicate that conditionality on raising such spending may come at the expense of other expenditures. Finally, the successful implementation (and not mere existence) of the conditionality is crucial for improved outcomes. These findings are relevant for policy makers targeting achievement of the Sustainable Development Goals (SDGs).

Author : Graham Bird
Publisher : Routledge
ISBN 13 : 1134700776
Total Pages : 318 pages
Book Rating : 4.76/5 ( download)

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Download or read book The IMF and the Future written by Graham Bird and published by Routledge. This book was released on 2014-05-01 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: The International Monetary Fund has been criticised from both the right and the left of the political spectrum with the right arguing that it is too interventionist and creates more problems than it solves and the left on occasion demanding that it be abolished altogether. What seems almost beyond question is that the IMF needs to be reformed. Defining a future role for the IMF will always be a controversial issue, but vital to any considerations will be a measured assessment of how it has operated in the past. This excellent new book from an internationally respected expert on the IMF intends to do just that. Starting with an historical background tracing the evolution of the IMF, the book goes on to cover such themes as: *The circumstances under which countries turn to the IMF *The various aspects of IMF conditionality *Institutional issues such as lending facilities and how the fund is resourced. Bringing together an array of articles, this excellent new book will undoubtedly be required reading for anyone with a serious interest in development studies as well as being an eye-opening read for policy makers involved with the IMF.

Author : Sidney Dell
Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.87/5 ( download)

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Download or read book On Being Grandmotherly, the Evolution of IMF Conditionality written by Sidney Dell and published by . This book was released on 1981 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: