Sound economic policymaking and implementation require know-how and effective institutions of government. Many developing countries, in particular, need help to build up expertise in economic management and advice about what policies, reforms, and institutional arrangements are appropriate and have worked well elsewhere. Help of this kind is provided by the IMF through technical assistance. This is a benefit of IMF membership, provided at no charge except for countries that can afford to reimburse the IMF. (The framework used to allocate resources for technical assistance is outlined in Box 6.1.)
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