Country ownership of reform programmes and the implications for conditionality

Country ownership of reform programmes and the implications for conditionality Johnson, Omotunde E. G. creator text New YorkUS UN 2005 monographic [5], 21 p. Argues that if the policies voluntarily adopted by a country were sound and if those policies are expected to be fully implemented and sustained - barring certain unforeseen exogenous developments - then traditional (policy-based) conditionality is not necessary for timely repayment of the money borrowed from the IMF, the World Bank, or any other creditor. 5/24/05 JOYD 01.01.03 J732