IMF conditionality : experience under stand-by and extended arrangements
- WashingtonUS IMF 1995
- 2 v.
Examines the records of 36 countries for which 45 upper credit tranches stand-by and extended arrangements were approved by the IMF's Executive Board between mid-1988 and mid-1991. Seeks to understand the nature and strength of the economic adjustment undertaken and the degree of sustained improvement in macroeconomic performance.