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IMF programs : do they work? : can they be made to work better?

By: Material type: TextTextPublication details: 2001Action note:
  • 1/17/02 JOY_D
Summary: Reviews the econometric evidence dealing with the macroeconomic effects of IMF programs. Argues that it would be unwise for the Fund to cease lending and to abandon conditionality altogether. Suggests that IMF programs need to be redesigned and refocused. Identifies a number of principles that should underpin reform.
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Analytic CARICOM Documentation Centre Available 0000000018043

Reviews the econometric evidence dealing with the macroeconomic effects of IMF programs. Argues that it would be unwise for the Fund to cease lending and to abandon conditionality altogether. Suggests that IMF programs need to be redesigned and refocused. Identifies a number of principles that should underpin reform.

1/17/02 JOY_D

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