Imf Conditionality And Country Ownership Of Programs
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Imf Conditionality And Country Ownership Of Programs
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Author : Mr.Mohsin S. Khan
language : en
Publisher: INTERNATIONAL MONETARY FUND
Release Date : 2001-09-01
Imf Conditionality And Country Ownership Of Programs written by Mr.Mohsin S. Khan 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 2001-09-01 with Business & Economics categories.
The paper uses finance and agency theory to establish two main propositions: First, that the conditionality attached to adjustment programs supported by the IMF is justified. Second, that ownership of programs by the borrowing country is crucial for their success. Hence, since both IMF conditionality and country ownership are necessary, the task is one of designing conditionality to maximize program ownership, subject to providing adequate safeguards for IMF lending. The paper discusses some recent proposals for enhancing ownership, and in particular, makes a case for incorporating floating tranches and outcomes-based conditionality in IMF-supported adjustment programs.
Imf Conditionality And Country Ownership Of Programs
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Author : Mohsin S. Khan
language : en
Publisher:
Release Date : 2001
Imf Conditionality And Country Ownership Of Programs written by Mohsin S. Khan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Borrowing and lending categories.
Imf Conditionality And Program Ownership
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Author : Mr.S. Nuri Erbas
language : en
Publisher: International Monetary Fund
Release Date : 2003-05-01
Imf Conditionality And Program Ownership written by Mr.S. Nuri Erbas 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 2003-05-01 with Business & Economics categories.
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.
Imf Conditionality
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Author : John Williamson
language : en
Publisher: MIT Press (MA)
Release Date : 1983
Imf Conditionality written by John Williamson and has been published by MIT Press (MA) this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with Business & Economics categories.
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.
Structural Conditionality In Imf Supported Programs
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Author : International Monetary Fund. Independent Evaluation Office
language : en
Publisher: International Monetary Fund
Release Date : 2008-04-30
Structural Conditionality 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 2008-04-30 with Business & Economics categories.
This evaluation examines factors influencing the effectiveness of the IMF structural conditionality in bringing about structural reform. It assesses the impact of the streamlining initiative launched in 2000 and of the 2002 Conditionality Guidelines. These guidelines aimed at reducing the volume and scope of structural conditionality by requiring “parsimony” in the use of conditions and stipulated that conditions must be “critical” to the achievement of the program goals. The evaluation finds that during the period 1995–2004, there was extensive use of structural conditionality in IMF-supported programs, with an average of 17 conditions per program/year.
Strengthening Imf World Bank Collaboration On Country Programs And Conditionality Progress Report
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 2002-08-19
Strengthening Imf World Bank Collaboration On Country Programs And Conditionality Progress Report 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 2002-08-19 with Business & Economics categories.
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Africa And Imf Conditionality
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Author : Kwame Akonor
language : en
Publisher: Routledge
Release Date : 2013-09-13
Africa And Imf Conditionality written by Kwame Akonor and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-09-13 with Political Science categories.
Ghana was one of the first African countries to adopt a comprehensive IMF reform program and the one that has sustained adjustment longest. Yet, questions of Ghana's compliance - to what extent did it comply, how did it manage compliance, what patterns of non-compliance existed, and why? - have not been systematically investigated and remain poorly understood. This book argues that understanding the domestic political environment is crucial in explaining why compliance, or the lack thereof, occurs. Akonor maintains that compliance with IMF conditionality in Ghana has had high political costs and thus, non-compliance occurred once the political survival of a regime was at stake.
The Modalities Of Conditionality Further Considerations
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Author : International Monetary Fund. Policy Development and Review Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2002-08-01
The Modalities Of Conditionality Further Considerations written by International Monetary Fund. Policy Development and Review Dept. 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 2002-08-01 with Business & Economics categories.
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Guidance On The Design And Implementation Of Imf Conditionality Preliminary Considerations
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Author : International Monetary Fund. Policy Development and Review Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2002-03-06
Guidance On The Design And Implementation Of Imf Conditionality Preliminary Considerations written by International Monetary Fund. Policy Development and Review Dept. 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 2002-03-06 with Business & Economics categories.
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Annual Report Of The Executive Directors For The Fiscal Year
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Author : International Monetary Fund
language : en
Publisher:
Release Date : 2001
Annual Report Of The Executive Directors For The Fiscal Year written by International Monetary Fund and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Foreign exchange categories.