Imf Structural Conditionality

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How To Gain The Most From Structural Conditionality Of Imf Supported Programs

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Author : Jochen Andritzky
language : en
Publisher: International Monetary Fund
Release Date : 2021-05-13

How To Gain The Most From Structural Conditionality Of Imf Supported Programs written by Jochen Andritzky and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-13 with Business & Economics categories.

Structural conditionality of IMF-supported programs is designed to support structural reforms by countries borrowing from the IMF. Taking stock of program conditions and their implementation, this paper finds that conditionality focuses on fiscal, monetary and financial issues—areas where IMF expertise is strong—and shies away from structural areas such as labor or product market reforms. Hence, tackling deep-rooted structural issues during IMF-supported programs often remained elusive. To ensure countries gain most from IMF conditionality, the paper outlines an evaluation matrix for prioritizing and designing structural reforms, and applies it to case studies.

Structural Conditionality In Imf Supported Programs

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Author : International Monetary Fund. Independent Evaluation Office
language : en
Publisher: International Monetary Fund
Release Date : 2008-04-30

Structural Conditionality In Imf Supported Programs written by International Monetary Fund. Independent Evaluation Office and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-30 with Business & Economics categories.

This evaluation examines factors influencing the effectiveness of the IMF structural conditionality in bringing about structural reform. It assesses the impact of the streamlining initiative launched in 2000 and of the 2002 Conditionality Guidelines. These guidelines aimed at reducing the volume and scope of structural conditionality by requiring “parsimony” in the use of conditions and stipulated that conditions must be “critical” to the achievement of the program goals. The evaluation finds that during the period 1995–2004, there was extensive use of structural conditionality in IMF-supported programs, with an average of 17 conditions per program/year.

Structural Conditionality In Imf Supported Programs

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Author : INTERNATIONAL MONETARY FUND.
language : en
Publisher:
Release Date : 2018

Structural Conditionality In Imf Supported Programs written by INTERNATIONAL MONETARY FUND. and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.

Imf Structural Conditionality

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Author : Morris Goldstein
language : en
Publisher:
Release Date : 2001

Imf Structural Conditionality written by Morris Goldstein and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with categories.

Imf Conditionality And Implementation Of Imf Supported Programs

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Author : Anna Ivanova
language : en
Publisher:
Release Date : 2003

Imf Conditionality And Implementation Of Imf Supported Programs written by Anna Ivanova and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with categories.

The Development And Implementation Of Imf And World Bank Conditionality

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Author : Axel Dreher
language : en
Publisher:
Release Date : 2002

The Development And Implementation Of Imf And World Bank Conditionality written by Axel Dreher and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with categories.

Imf Conditionality And Structural Reforms

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Author : Ablam Estel Apeti
language : en
Publisher:
Release Date : 2023

Imf Conditionality And Structural Reforms written by Ablam Estel Apeti and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023 with categories.

The global economy, dominated by the consequences of a disastrous health crisis and international tensions, needs policy support to regain its growth dynamic. To regain an inclusive and sustainable growth dynamic, structural policies of governments are needed to allow a reallocation of resources and to stimulate productivity. International cooperation seems to be necessary, and the International Monetary Fund's (IMF) contribution could play an important role in promoting reforms. Indeed, in IMF-supported programmes, the conditions for developing countries' transition to liberalization and open markets are often common. In this paper, we address the question of whether periods of IMF conditionality contribute to the promotion of structural reforms in developing countries. We combine a rich dataset on IMF conditionality and structural reforms covering 64 developing countries over the period 1980-2014. Through the entropy balancing method and alternative identification strategies, we show that IMF conditionality programmes promote structural reforms in developing countries. We show that the effect of IMF conditionality can vary depending on the type of conditionality, the type of reform, the time frame, the initial level of structural reforms, and can depend on some structural factors including the business cycle, the quality of fiscal and monetary policy, the level of development, and the quality of institutions. Furthermore, we show that IMF conditionality can have spillover effects on trading partners and that IMF conditionality programmes that are met tend to have a greater impact on structural reforms.

Guidance On The Design And Implementation Of Imf Conditionality Preliminary Considerations

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Author : International Monetary Fund. Policy Development and Review Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2002-03-06

Guidance On The Design And Implementation Of Imf Conditionality Preliminary Considerations written by International Monetary Fund. Policy Development and Review Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-03-06 with Business & Economics categories.

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Evaluation Of Prolonged Use Of Imf Resources

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Author : International Monetary Fund. Independent Evaluation Office
language : en
Publisher: International Monetary Fund
Release Date : 2002

Evaluation Of Prolonged Use Of Imf Resources written by International Monetary Fund. Independent Evaluation Office and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.

The issue of prolonged use of IMF resources has been the subject of external criticism and internal concern. The various reasons that have caused prolonged use to expand over the last three decades are examined, be they related to IMF lending policies, to specific characteristics of the countries concerned, to shortcomings in program design and implementation, or to broader institutional factors. Given the IEO's mandate, the focus is on the role of the IMF, without suggesting that the IMF is responsible for all problems that contributed to prolonged adjustment difficulties. Clearly, the governments of the countries themselves bear primary responsibility for their policies.

Application Of Structural Conditionality 2008 Annual Report

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Author : International Monetary Fund. Legal Dept.
language : en
Publisher: International Monetary Fund
Release Date : 2008-07-14

Application Of Structural Conditionality 2008 Annual Report written by International Monetary Fund. Legal Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-07-14 with Business & Economics categories.

This report provides an update, based on objective indicators, of the application of structural conditionality in Fund-supported programs. Such annual reports on structural conditionality are one element of the management implementation plan (MIP) prepared in response to the Board-endorsed recommendations made in the IEO evaluation of Structural Conditionality in IMF-Supported Programs. This annual report covers Fund arrangements approved during the period 1995–2007 (and their reviews through April 30, 2008), extending therefore the dataset contained in the recent IEO report by about three years (from 2005 to 2007). In addition, this report examines experience with Policy Support Instruments (PSIs), which were introduced in October 2005, and thus not covered in the IEO evaluation.