V Performance Under Programs
Author:
Mr. Saleh M. Nsouli
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Justin B. Zulu https://isni.org/isni/0000000404811396 International Monetary Fund

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Abstract

Performance under programs is difficult to assess insofar as the assessment depends on the yardstick selected. Guitián (1981) discusses the problem in detail, focusing on three yardsticks: (1) the performance that would have been achieved without a program; (2) the performance in the previous year or series of previous years; and (3) the targets of the programs.

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