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Fund Conditionality
			: Evolution of Principles and Practices

Fund Conditionality : Evolution of Principles and Practices »

Series: Pamphlet Series

Author(s): Manuel Guitián

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1981

DOI: http://dx.doi.org/10.5089/9781451956467.054

ISBN: 9781451956467

Keywords: balance of payments, monetary fund, aggregate demand, inflation, adjustment process

This paper examines the principles and practices of conditionality as they have evolved and as they are currently applied. The paper discusses the rationale of the concept of conditionality and brings out its theor...

Fund Conditionality: Evolution of Principles and Practices

Fund Conditionality: Evolution of Principles and Practices »

Source: Fund Conditionality : Evolution of Principles and Practices

Series: Pamphlet Series

Author(s): Manuel Guitián

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1981

ISBN: 9781451956467

Keywords: balance of payments, monetary fund, aggregate demand, inflation, adjustment process

Introduction The International Monetary Fund was established to promote economic and financial cooperation among its member countries in order to facilitate the expansion and balance...

Front Matter

Front Matter »

Source: Fund Conditionality : Evolution of Principles and Practices

Series: Pamphlet Series

Author(s): Manuel Guitián

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1981

ISBN: 9781451956467

Keywords: balance of payments, monetary fund, aggregate demand, inflation, adjustment process

This paper examines the principles and practices of conditionality as they have evolved and as they are currently applied. The paper discusses the rationale of the concept of conditionality and brings out its theor...

4 Growth-Oriented Macroeconomic Policies and Poverty Outcomes

4 Growth-Oriented Macroeconomic Policies and Poverty Outcomes »

Source: Macroeconomic Policy and Poverty Reduction

Series: Pamphlet Series

Author(s): Alejandro Izquierdo , Ward Brown , Brian Ames , and Shatayanan Devarajan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 August 2001

ISBN: 9781589060173

Keywords: inflation, exchange rate, macroeconomic stability, fixed exchange rate, exchange rate regime

Since the emphasis of this pamphlet is on the role of macroeconomic policy in supporting a country’s poverty reduction strategy, the discussion of macroeconomic policies in this section focuses on countries...

1 Introduction

1 Introduction »

Source: Macroeconomic Policy and Poverty Reduction

Series: Pamphlet Series

Author(s): Alejandro Izquierdo , Ward Brown , Brian Ames , and Shatayanan Devarajan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 August 2001

ISBN: 9781589060173

Keywords: inflation, exchange rate, macroeconomic stability, fixed exchange rate, exchange rate regime

Poverty is a multidimensional problem that goes beyond economics to include, among other things, social, political, and cultural issues (see Box 1). Therefore, solutions to poverty cannot be based exclusivel...

Macroeconomic Policy and Poverty Reduction

Macroeconomic Policy and Poverty Reduction »

Series: Pamphlet Series

Author(s): Alejandro Izquierdo , Ward Brown , Brian Ames , and Shatayanan Devarajan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 August 2001

DOI: http://dx.doi.org/10.5089/9781589060173.054

ISBN: 9781589060173

Keywords: inflation, exchange rate, macroeconomic stability, fixed exchange rate, exchange rate regime

This pamphlet excerpts a chapter on macroeconomic policy from the Poverty Reduction Policy Source book, a guide prepared by the World Bank and IMF to assist countries in developing and strengthening their poverty r...

Back Matter

Back Matter »

Source: Macroeconomic Policy and Poverty Reduction

Series: Pamphlet Series

Author(s): Alejandro Izquierdo , Ward Brown , Brian Ames , and Shatayanan Devarajan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 August 2001

ISBN: 9781589060173

Keywords: inflation, exchange rate, macroeconomic stability, fixed exchange rate, exchange rate regime

This pamphlet excerpts a chapter on macroeconomic policy from the Poverty Reduction Policy Source book, a guide prepared by the World Bank and IMF to assist countries in developing and strengthening their poverty r...

Front Matter

Front Matter »

Source: Macroeconomic Policy and Poverty Reduction

Series: Pamphlet Series

Author(s): Alejandro Izquierdo , Ward Brown , Brian Ames , and Shatayanan Devarajan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 August 2001

ISBN: 9781589060173

Keywords: inflation, exchange rate, macroeconomic stability, fixed exchange rate, exchange rate regime

This pamphlet excerpts a chapter on macroeconomic policy from the Poverty Reduction Policy Source book, a guide prepared by the World Bank and IMF to assist countries in developing and strengthening their poverty r...

3 Macroeconomic Stability and Economic Growth

3 Macroeconomic Stability and Economic Growth »

Source: Macroeconomic Policy and Poverty Reduction

Series: Pamphlet Series

Author(s): Alejandro Izquierdo , Ward Brown , Brian Ames , and Shatayanan Devarajan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 August 2001

ISBN: 9781589060173

Keywords: inflation, exchange rate, macroeconomic stability, fixed exchange rate, exchange rate regime

Broadly speaking, two considerations underlie macroeconomic policy recommendations. First, there needs to be an assessment of the appropriate policy stance to adopt in a given set of circumstances (i.e., sho...

2 The Links Between Macroeconomic Policy and Poverty Reduction: Growth Matters

2 The Links Between Macroeconomic Policy and Poverty Reduction: Growth Matters »

Source: Macroeconomic Policy and Poverty Reduction

Series: Pamphlet Series

Author(s): Alejandro Izquierdo , Ward Brown , Brian Ames , and Shatayanan Devarajan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 August 2001

ISBN: 9781589060173

Keywords: inflation, exchange rate, macroeconomic stability, fixed exchange rate, exchange rate regime

Economic growth is the single most important factor influencing poverty. Numerous statistical studies have found a strong association between national per capita income and national poverty indicators, using...