Front Matter Page
Fiscal Affairs Department
Contents
I. INTRODUCTION
II. DATA AND STYLIZED FACTS
III. EMPIRICAL SPECIFICATIONS AND MAIN FINDINGS
IV. CONCLUDING REMARKS
FIGURES
1. Countries with IMF Programs and Expenditure Conditionality
2. Countries with Expenditure Conditionality in IMF Programs by Income Group
3. Average Number of Program Conditionality by Type
4. Success Rate of Implementing Expenditure Conditions by Category
TABLES
1. Impact of IMF Expenditure Conditionality on Health and Education Spending
2. Impact of IMF Expenditure Conditionality on Health and Education Spending in EMs and LIDCs
3. Impact of IMF Expenditure Conditionality on Wage Bill
4. Impact of IMF Expenditure Conditionality on Public Investment
5. Impact of IMF Expenditure Conditionality on Government Spending
6. Short-Run Impact of Direct Expenditure Conditionality (CS-ARDL)
APPENDICES
A. Data
B. Frequency and Trends in the Application and Conformity to Expenditure Conditionality
REFERENCES