Series: IMF Working Papers
Author(s): James Boughton
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2003
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...