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Imf Conditionality and Program Ownership
			: A Case for Streamlined Conditionality

Imf Conditionality and Program Ownership : A Case for Streamlined Conditionality »

Volume/Issue: 2003/98

Series: IMF Working Papers

Author(s): S. Erbas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2003

DOI: http://dx.doi.org/10.5089/9781451852165.001

ISBN: 9781451852165

Keywords: program conditionality and ownership, uncertainty, ambiguity, probability, conditionality, probabilities, adjustment programs, Positive Analysis of Policy-Making and Implementation, Criteria for Decision-Making under Risk and Uncertainty,

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 own...

The IMF's Role in Low-Income Countries
			: Issues and Challenges

The IMF's Role in Low-Income Countries : Issues and Challenges »

Volume/Issue: 2005/177

Series: IMF Working Papers

Author(s): Domenico Lombardi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2005

DOI: http://dx.doi.org/10.5089/9781451861969.001

ISBN: 9781451861969

Keywords: monetary fund, conditionality, concessional lending, structural conditionality, monetary approach, International Lending and Debt Problems, Economic Development: General,

Drawing on recent research, this study elaborates on the role of the IMF in support of its lowincome members, pointing to the global character of the institution and to its superior ability-given its multilateral n...

The Incidence and Effectiveness of Prior Actions in IMF-supported Programs

The Incidence and Effectiveness of Prior Actions in IMF-supported Programs »

Volume/Issue: 2006/213

Series: IMF Working Papers

Author(s): Uma Ramakrishnan , and Alun Thomas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2006

DOI: http://dx.doi.org/10.5089/9781451864731.001

ISBN: 9781451864731

Keywords: prior actions, signaling, commitment, implementation, inflation, inflation rate, structural conditionality, nominal interest rate, International Monetary Arrangements and Institutions, International Lending and Debt Problems,

Prior actions are measures that need to be implemented prior to Board approval of an IMFsupported program. This paper examines whether such prior actions can signal a willingness to implement reforms, especially wh...

Who's in Charge? Ownership and Conditionality in IMF-Supported Programs

Who's in Charge? Ownership and Conditionality in IMF-Supported Programs »

Volume/Issue: 2003/191

Series: IMF Working Papers

Author(s): James Boughton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2003

DOI: http://dx.doi.org/10.5089/9781451859737.001

ISBN: 9781451859737

Keywords: Ownership, Macroeconomic Policy, balance of payments, political economy, multilateral institutions, policy conditionality, International Monetary Arrangements and Institutions, International Lending and Debt Problems,

IMF lending is conditional on a country's commitment to carry out an agreed program of economic policies. Unless that commitment is genuine and broadly held, the likelihood of implementation will be poor. Is there...

Outcomes-Based Conditionality
			: Its Role and Optimal Design

Outcomes-Based Conditionality : Its Role and Optimal Design »

Volume/Issue: 2006/128

Series: IMF Working Papers

Author(s): Anna Ivanova

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2006

DOI: http://dx.doi.org/10.5089/9781451863888.001

ISBN: 9781451863888

Keywords: Outcomes-based conditionality, principal-agent, conditionality, paper, conditional lending,

The paper employs a principal-agent framework to analyze the role and design of outcomesbased conditionality in the presence of market frictions and domestic opposition. The results suggest that outcomes-based cond...

Reputation, Debt, and Policy Conditionality

Reputation, Debt, and Policy Conditionality »

Volume/Issue: 2003/192

Series: IMF Working Papers

Author(s): Rodney Ramcharan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2003

DOI: http://dx.doi.org/10.5089/9781451859782.001

ISBN: 9781451859782

Keywords: Economic reform, conditionality, stock of debt, debt restructuring, debt stock, International Monetary Arrangements and Institutions, International Lending and Debt Problems,

In principle, international financial institutions (IFIs) can use their leverage as creditors to prompt governments to undertake policy reform. Yet such lending has been frequently linked to unsustainable debt leve...

The Incidence and Effectiveness of Prior Actions in IMF-supported Programs

The Incidence and Effectiveness of Prior Actions in IMF-supported Programs »

Source: The Incidence and Effectiveness of Prior Actions in IMF-supported Programs

Volume/Issue: 2006/213

Series: IMF Working Papers

Author(s): Uma Ramakrishnan , and Alun Thomas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2006

ISBN: 9781451864731

Keywords: prior actions, signaling, commitment, implementation, inflation, inflation rate, structural conditionality, nominal interest rate, International Monetary Arrangements and Institutions, International Lending and Debt Problems,

Prior actions are measures that need to be implemented prior to Board approval of an IMFsupported program. This paper examines whether such prior actions can signal a willingness to implement reforms, especially wh...

Index 1986

Index 1986 »

Source: Finance & Development, December 1986

Volume/Issue: 23/4

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1986

ISBN: 9781616353674

Keywords: debt, conditionality, adjustment lending, loans, debt forgiveness

This paper describes the World Bank's mission in a changing world. Conditionality of the Bank is different in several ways as it operates over a longer timeframe and relates to the more comfortable issues of econom...

Islamic Republic of Mauritania

Islamic Republic of Mauritania »

Source: Islamic Republic of Mauritania : Ex Post Assessment of Longer-Term Program Engagement

Volume/Issue: 2011/298

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 October 2011

ISBN: 9781463921927

Keywords: conditionality, central bank, structural conditionality, debt relief, debt management

In this study, the ex post assessment (EPA) of longer program engagement with Mauritania is discussed. From this program, macroeconomic stability has been achieved. EPAs are intended to provide an opportunity to st...

Letters

Letters »

Source: Finance & Development, December 1986

Volume/Issue: 23/4

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1986

ISBN: 9781616353674

Keywords: debt, conditionality, adjustment lending, loans, debt forgiveness

This paper describes the World Bank's mission in a changing world. Conditionality of the Bank is different in several ways as it operates over a longer timeframe and relates to the more comfortable issues of econom...