Who's in Charge?: Ownership and Conditionality in IMF-Supported Programs
IMF lending is conditional on a country''s commitment to carry out an agreed program of economic policies. Unless that commitment is genuine and broadly held, the likelihood of implementation will be poor. Is there a conflict between national commitment and conditional finance? Are nationa...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2003
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Schriftenreihe: | IMF Working Papers
Working Paper No. 03/191 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | IMF lending is conditional on a country''s commitment to carry out an agreed program of economic policies. Unless that commitment is genuine and broadly held, the likelihood of implementation will be poor. Is there a conflict between national commitment and conditional finance? Are national authorities or other agents in the country less likely to ""own"" a reform program simply because it is conditionally financed? This paper argues that potential conflicts are reduced when program design takes the country''s interests and circumstances into account and when conditionality results from a genuine process of interaction between the IMF and the borrower |
Beschreibung: | 1 Online-Ressource (25 p) |
ISBN: | 1451859732 9781451859737 |
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spelling | Boughton, James M. Verfasser aut Who's in Charge? Ownership and Conditionality in IMF-Supported Programs Boughton, James M Washington, D.C International Monetary Fund 2003 1 Online-Ressource (25 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 03/191 IMF lending is conditional on a country''s commitment to carry out an agreed program of economic policies. Unless that commitment is genuine and broadly held, the likelihood of implementation will be poor. Is there a conflict between national commitment and conditional finance? Are national authorities or other agents in the country less likely to ""own"" a reform program simply because it is conditionally financed? This paper argues that potential conflicts are reduced when program design takes the country''s interests and circumstances into account and when conditionality results from a genuine process of interaction between the IMF and the borrower Online-Ausg http://elibrary.imf.org/view/IMF001/07926-9781451859737/07926-9781451859737/07926-9781451859737.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Boughton, James M. Who's in Charge? Ownership and Conditionality in IMF-Supported Programs |
title | Who's in Charge? Ownership and Conditionality in IMF-Supported Programs |
title_auth | Who's in Charge? Ownership and Conditionality in IMF-Supported Programs |
title_exact_search | Who's in Charge? Ownership and Conditionality in IMF-Supported Programs |
title_exact_search_txtP | Who's in Charge? Ownership and Conditionality in IMF-Supported Programs |
title_full | Who's in Charge? Ownership and Conditionality in IMF-Supported Programs Boughton, James M |
title_fullStr | Who's in Charge? Ownership and Conditionality in IMF-Supported Programs Boughton, James M |
title_full_unstemmed | Who's in Charge? Ownership and Conditionality in IMF-Supported Programs Boughton, James M |
title_short | Who's in Charge? |
title_sort | who s in charge ownership and conditionality in imf supported programs |
title_sub | Ownership and Conditionality in IMF-Supported Programs |
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