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Adjustment, Conditionality, and International Financing
			: Papers Presented at the Seminar on "The Role of the International Monetary Fund in the Adjustment Process" held in Vina del Mar, Chile, April 5-8, 1983

Adjustment, Conditionality, and International Financing : Papers Presented at the Seminar on "The Role of the International Monetary Fund in the Adjustment Process" held in Vina del Mar, Chile, April 5-8, 1983 »

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1984

DOI: http://dx.doi.org/10.5089/9780939934287.071

ISBN: 9780939934287

Keywords: balance of payments, exchange rate, current account, international reserves, central bank

This book, edited by Joaquín Muns, contains papers presented at a seminar in Viña del Mar, Chile, under the sponsorship of the Central Bank of Chile, the Federico Santa María University, and the IMF....

Front Matter

Front Matter »

Source: Adjustment, Conditionality, and International Financing : Papers Presented at the Seminar on "The Role of the International Monetary Fund in the Adjustment Process" held in Vina del Mar, Chile, April 5-8, 1983

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1984

ISBN: 9780939934287

Keywords: balance of payments, exchange rate, current account, international reserves, central bank

This book, edited by Joaquín Muns, contains papers presented at a seminar in Viña del Mar, Chile, under the sponsorship of the Central Bank of Chile, the Federico Santa María University, and the IMF....

Fiscal Deficits and Balance of Payments Disequilibrium in IMF Adjustment Programs*

Fiscal Deficits and Balance of Payments Disequilibrium in IMF Adjustment Programs* »

Source: Adjustment, Conditionality, and International Financing : Papers Presented at the Seminar on "The Role of the International Monetary Fund in the Adjustment Process" held in Vina del Mar, Chile, April 5-8, 1983

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1984

ISBN: 9780939934287

Keywords: balance of payments, exchange rate, current account, international reserves, central bank

CONCEPT OF FISCAL DEFICIT One of the most important and lasting contributions of J. M. Keynes’s thought to the development of modem economic theory has been the central role he assig...

I. Introduction

I. Introduction »

Source: Theoretical Aspects of the Design of Fund-Supported Adjustment Programs

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1987

ISBN: 9780939934997

Keywords: exchange rate, balance of payments, aggregate demand, monetary fund, inflation

An adjustment program consists of a comprehensive set of economic measures designed to achieve broad macroeconomic goals, such as an improvement in the balance of payments, a better utilization of productive...

II. Elements of Program Design

II. Elements of Program Design »

Source: Theoretical Aspects of the Design of Fund-Supported Adjustment Programs

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1987

ISBN: 9780939934997

Keywords: exchange rate, balance of payments, aggregate demand, monetary fund, inflation

In the negotiation of a Fund-supported program, technical analysis and political processes are intimately linked. This section identifies the various technical and political elements that are important in th...

III. A Theoretical Analysis of Financial Programming: Monetary and Fiscal Policy

III. A Theoretical Analysis of Financial Programming: Monetary and Fiscal Policy »

Source: Theoretical Aspects of the Design of Fund-Supported Adjustment Programs

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1987

ISBN: 9780939934997

Keywords: exchange rate, balance of payments, aggregate demand, monetary fund, inflation

The previous section has described Fund-supported adjustment programs as complex packages of policy measures designed to achieve a viable balance of payments, in the medium term if not in the short term. Whi...

The IMF’s Conditionality Re-Examined

The IMF’s Conditionality Re-Examined »

Source: Adjustment, Conditionality, and International Financing : Papers Presented at the Seminar on "The Role of the International Monetary Fund in the Adjustment Process" held in Vina del Mar, Chile, April 5-8, 1983

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1984

ISBN: 9780939934287

Keywords: balance of payments, exchange rate, current account, international reserves, central bank

The subject of the IMF’s conditionality is somewhat shopworn, so much so that I should perhaps have given my paper the title “The IMF’s Conditionality Re-Re-Examined.” But it would seem that there is room fo...

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...

IV. Supply-Side Policies, Exchange Rate Policies, and External Debt Management in Financial Programming

IV. Supply-Side Policies, Exchange Rate Policies, and External Debt Management in Financial Programming »

Source: Theoretical Aspects of the Design of Fund-Supported Adjustment Programs

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1987

ISBN: 9780939934997

Keywords: exchange rate, balance of payments, aggregate demand, monetary fund, inflation

If the sole objective of a Fund-related adjustment program were simply to secure a short-run improvement in the balance of payments, then policies designed to control aggregate demand, such as the restraint...

The Process of Balance of Payments Adjustment

The Process of Balance of Payments Adjustment »

Source: Adjustment, Conditionality, and International Financing : Papers Presented at the Seminar on "The Role of the International Monetary Fund in the Adjustment Process" held in Vina del Mar, Chile, April 5-8, 1983

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1984

ISBN: 9780939934287

Keywords: balance of payments, exchange rate, current account, international reserves, central bank

INTRODUCTION The term “balance of payments” may be defined in a number of ways. In the narrowest definition, the term refers to changes in the international reserve position of a cen...