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Economic Adjustment And Reform In Low Income Countries Esaf Review Background Papers


Economic Adjustment And Reform In Low Income Countries Esaf Review Background Papers
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Economic Adjustment And Reform In Low Income Countries Esaf Review Background Papers


Economic Adjustment And Reform In Low Income Countries Esaf Review Background Papers
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Author : Hugh Bredenkamp
language : en
Publisher: International Monetary Fund
Release Date : 1999-06-30

Economic Adjustment And Reform In Low Income Countries Esaf Review Background Papers written by Hugh Bredenkamp and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-06-30 with Business & Economics categories.


The Enhanced Structural Adjustment Facility (ESAF) is the cenerpiece of the International Monetary Fund's strategy to provide assistance on concessional terms to low-income member countries that are undertaking important macroeconomic adjustment and stuctural reforms. By February 1999, a total of SDR 7 billion (about US$9 billion) had been distributed under 79 ESAF arrangements to 51 developing countries. Edited by Hugh Bredenkamp and Susan Schadler, this volume features internal IMF staff assessments of the ESAF and provides an historical account of policies implemented and outcomes achieved under ESAF- supported programs.



The Esaf At Ten Years


The Esaf At Ten Years
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1998-02-12

The Esaf At Ten Years written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-02-12 with Business & Economics categories.


For over 10 years, the IMF has supported adjustment and reform programs in many of its low-income members through two facilities established specifically for that purpose - the Enhanced Structural Adjustment Facility (ESAF) and its precursor the Structural Adjustment Facility (SAF). By the end of 1994, 36 countries had availed themselves of these facilities, in support of 68 multi-year programs. This study summarizes the findings of a review of the experience under these programs and of economic developments in the countries that undertook them.



Economic Adjustment In Low Income Countries


Economic Adjustment In Low Income Countries
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Author : Susan Schadler
language : en
Publisher:
Release Date : 1993

Economic Adjustment In Low Income Countries written by Susan Schadler and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business & Economics categories.


This paper evaluates progress made under ESAF-supported programs in attaining external viability, restoring economic growth, and implementing structural reforms. Performance is evaluated for 19 countries that entered ESAF arrangements by mid-1992, against the background of their initial conditions, external environment, and implementation of structural and macroeconomic policies.



Economic Adjustment In Low Income Countries


Economic Adjustment In Low Income Countries
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Author : Susan Schadler
language : en
Publisher:
Release Date : 1993

Economic Adjustment In Low Income Countries written by Susan Schadler and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with categories.




Economic Adjustment And Reform In Low Income Countries Esaf Review Background Papers


Economic Adjustment And Reform In Low Income Countries Esaf Review Background Papers
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Author : Mr.Hugh Bredenkamp
language : en
Publisher: International Monetary Fund
Release Date : 1999-06-30

Economic Adjustment And Reform In Low Income Countries Esaf Review Background Papers written by Mr.Hugh Bredenkamp and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999-06-30 with Business & Economics categories.


The Enhanced Structural Adjustment Facility (ESAF) is the cenerpiece of the International Monetary Fund's strategy to provide assistance on concessional terms to low-income member countries that are undertaking important macroeconomic adjustment and stuctural reforms. By February 1999, a total of SDR 7 billion (about US$9 billion) had been distributed under 79 ESAF arrangements to 51 developing countries. Edited by Hugh Bredenkamp and Susan Schadler, this volume features internal IMF staff assessments of the ESAF and provides an historical account of policies implemented and outcomes achieved under ESAF- supported programs.



Poor States Power And The Politics Of Imf Reform


Poor States Power And The Politics Of Imf Reform
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Author : Mark Hibben
language : en
Publisher: Springer
Release Date : 2016-06-02

Poor States Power And The Politics Of Imf Reform written by Mark Hibben and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-02 with Political Science categories.


This books provides a timely comparative case study that reveals the factors driving the International Monetary Fund's policy reform in Low Income Developing Countries (LIDCs), as a resurgent IMF expands its footprint in the world's poorest states. Through a research design that employs both mainstream and critical IPE theory, Mark Hibben uncovers three major tendencies. Principal-agent analysis, he argues, demonstrates that coalition formation among powerful states, IMF staff and management, and other influential actors is necessary for policy reform. At the same time, he uses constructivist analysis to show that ideational frameworks of what merits appropriate macroeconomic policy response also have an impact on reform efforts, and that IMF management and staff seek legitimacy in their policy choices. In response to the crises in 1999 and 2008, the author maintains, poverty and inequality now 'matter' in IMF thinking and serve as an opportunity for policy insiders and external actors to deepen the institution's new commitment to 'inclusive' growth. Finally, Hibben draws on neo-Gramscian analysis to highlight how the IMF looked to soften the destabilizing effects of globalization through reforms focused on stakeholder participation in poor states and will continue to do so in its support of the new United Nation Sustainable Development Goals. This means that the 2015-2030 time period will be a critical juncture for IMF LIDC reform. By drawing from diverse theoretical traditions, the author thus provides a unique framework for the study of contemporary IMF change and how best those interested in LIDC policy reform can meet this objective.



Is The Prgf Living Up To Expectations


Is The Prgf Living Up To Expectations
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Author : Mr.Emanuele Baldacci
language : en
Publisher: International Monetary Fund
Release Date : 2002-09-26

Is The Prgf Living Up To Expectations written by Mr.Emanuele Baldacci and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-09-26 with Political Science categories.


In late 1999 the IMF established the Poverty Reduction and Growth Facility (PRGF) to integrate the objectives of poverty reduction and growth more fully into its operations for the poorest countries, and to base these operations on national poverty reduction strategies prepared by the country with broad participation of key stakeholders. A review of the program would be conducted two years later. This paper synthesizes two papers prepared by IMF staff: Review of the Poverty Reduction and Growth Facility: Issues and Options, and Review of the Key Features of the Poverty Reduction and Growth Facility: Staff Analyses. The paper draws on a broad range of internal and external views gathered between July 2001 and February 2002, including discussions at regional forums, meetings with donor government officials and representatives of civil society organizations, and comments of key officials in member countries with PRGF arrangements.



Fiscal Adjustment In Imf Supported Programs


Fiscal Adjustment In Imf Supported Programs
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Author : International Monetary Fund. Independent Evaluation Office
language : en
Publisher: International Monetary Fund
Release Date : 2003-11-17

Fiscal Adjustment In Imf Supported Programs written by International Monetary Fund. Independent Evaluation Office and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-11-17 with Business & Economics categories.


Using a cross-country sample of 169 IMF-supported programs and detailed studies of 15 programs, this evaluation report examines various aspects of fiscal adjustment in IMF-supported programs. It presents evidence that does not support some critics’ view that IMF-supported programs typically adopt a one-size-fits-all approach to fiscal adjustment, nor the perception that programs always involve austerity by targeting reductions in public spending. The report also proposes a number of recommendations for IMF surveillance and program design in the future.



Is The Poverty Reduction Growth Facility Prgf Living Up To Its Expectations In Africa


Is The Poverty Reduction Growth Facility Prgf Living Up To Its Expectations In Africa
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Author :
language : en
Publisher:
Release Date : 2004

Is The Poverty Reduction Growth Facility Prgf Living Up To Its Expectations In Africa written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Economic assistance categories.




Fiscal Policy And Long Term Growth


Fiscal Policy And Long Term Growth
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2015-04-20

Fiscal Policy And Long Term Growth written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-04-20 with Business & Economics categories.


This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.