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Policy Formulation, Analytical Frameworks, and Program Design
Author:
International Monetary Fund
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Series:
Policy Papers
Volume/Issue:
Volume 2004: Issue 044
Language:
English
Publication Date:
24 Nov 2004
DOI:
https://doi.org/10.5089/9781498329965.007
ISBN:
9781498329965
ISSN:
2663-3493
Pages:
44
Keywords:
PP; Fund country team; Fund-supported program; growth projection; exchange rate; capital account crisis; current account balance; projection error; sustainability template; fiscal policy; debt ratio; consumer price inflation assumption; Capital account crisis; Current account balance; Fiscal stance; Inflation; Production growth
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The first part of this paper lays out the process of program design and briefly describes some of the analytical tools--including the financial programming framework, the balance sheet approach, and the debt sustainability template--employed by Fund country teams in advising national authorities on policy formulation. The second part of paper seeks to assess how well this process works in practice.
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Cover Policy Papers
Policy Papers
ISSN:
2663-3493
Publisher:
International Monetary Fund