Articlehybrid2009

IMF conditionality: theory and evidence

299 citations0/0 files storedPublic Choice

No readable copy stored yet — this record is metadata only.

International Development and Aid Global Financial Crisis and Policies Economic, financial, and policy analysis

Abstract

This article analyzes whether and to what extent reliance on conditionality is appropriate to guarantee the revolving character of the resources of the International Monetary Fund (IMF). The paper presents theoretical arguments in favor of conditionality, and those against the use of conditions. It summarizes the track record of program implementation and discusses the evidence of factors determining implementation. Whether proponents or critics of conditionality can be supported by existing data analysis is also investigated, as is the success of conditionality in terms of outcomes. The final section draws policy implications.

Citations in this library

Stored only when both papers are in the corpus — 299 citations exist upstream.

References

n.d.Aid, Policies, and Growth 2006Institutions and the Resource Curse 2000Political Economy in Macroeconomics 1998The East Asian Financial Crisis: Diagnosis, Remedies, Prospects 2001Aid and growth regressions 2008Aid and Growth: What Does the Cross-Country Evidence Really Show?2004Resistance to Reform: Status Quo Bias in the Presence of Individual-Specific Uncertainty: Comment 2000Aid effectiveness disputed

Cited by

2008The Scope of IMF Conditionality 2010Do the IMF and the World Bank influence voting in the UN General Assembly?2020Pleasing the Principal: U.S. Influence in World Bank Policymaking 2007THE IMF: A BIRD'S EYE VIEW OF ITS ROLE AND OPERATIONS 2012The IMF, the World Bank, and the Global Economic Crisis: Exploring Paradigm Continuity 2019The World System and the Hollowing Out of State Capacity: How Structural Adjustment Programs Affect Bureaucratic Quality in Developing Countries 2018

Imported from OpenAlex (CC0) — nothing here is generated.