The Changing Nature of IMF Conditionality
Author: Jacques Jacobus Polak
Publisher:
Published: 1991
Total Pages: 90
ISBN-13:
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Author: Jacques Jacobus Polak
Publisher:
Published: 1991
Total Pages: 90
ISBN-13:
DOWNLOAD EBOOKAuthor:
Publisher:
Published: 1991
Total Pages:
ISBN-13:
DOWNLOAD EBOOKAuthor: John Williamson
Publisher: MIT Press (MA)
Published: 1983
Total Pages: 708
ISBN-13:
DOWNLOAD EBOOKThe twenty-one contributions in this book assess the controversy surrounding the Fund and provide judgments about the criteria for Fund lending which should help readers understand and analyze both its ongoing role in smoothing adjustment to international payments imbalances and its currently critical position in responding to the debt crisis.
Author: International Monetary Fund
Publisher: International Monetary Fund
Published: 2014-05-03
Total Pages: 61
ISBN-13: 1498343694
DOWNLOAD EBOOKWith single-digit inflation and substantial financial deepening, developing countries are adopting more flexible and forward-looking monetary policy frameworks and ascribing a greater role to policy interest rates and inflation objectives. While some countries have adopted formal inflation targeting regimes, others have developed frameworks with greater target flexibility to accommodate changing money demand, use of policy rates to signal the monetary policy stance, and implicit inflation targets.
Author: Sidney Samuel Dell
Publisher:
Published: 1989
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKAuthor: Erik M.G. Denters
Publisher: BRILL
Published: 2023-08-28
Total Pages: 310
ISBN-13: 9004634703
DOWNLOAD EBOOKIMF conditionality has been severely criticised by developing countries, who accuse the Fund of unjustly provoking political turmoil and causing poverty. This refers to the policies that a member country is required to follow in order to be able to use the Fund's resources. Conditionality is legally based on the requirement to adopt `adequate safeguards' for the use of resources as stipulated by the IMF's Articles of Agreement. This work focuses on legal implications and policy aspects and, more specifically, on the question of how far-reaching the requirement of `adequate safeguards' may be. Furthermore, the author demonstrates that conditionality is also affected by cooperative arrangements with other institutions, such as the World Bank and United Nations. A major conclusion is that there should be improvements in cooperation and in the monitoring of the application of Fund law on conditionality. Scholars and students who take a deep interest in international economic relations will find this book a unique opportunity to study the legal framework of conditionality. Government officials preparing for negotiations with the Fund will also benefit from reading this work.
Author: Graham Bird
Publisher: Routledge
Published: 2014-05-01
Total Pages: 318
ISBN-13: 1134700776
DOWNLOAD EBOOKThe International Monetary Fund has been criticised from both the right and the left of the political spectrum with the right arguing that it is too interventionist and creates more problems than it solves and the left on occasion demanding that it be abolished altogether. What seems almost beyond question is that the IMF needs to be reformed. Defining a future role for the IMF will always be a controversial issue, but vital to any considerations will be a measured assessment of how it has operated in the past. This excellent new book from an internationally respected expert on the IMF intends to do just that. Starting with an historical background tracing the evolution of the IMF, the book goes on to cover such themes as: *The circumstances under which countries turn to the IMF *The various aspects of IMF conditionality *Institutional issues such as lending facilities and how the fund is resourced. Bringing together an array of articles, this excellent new book will undoubtedly be required reading for anyone with a serious interest in development studies as well as being an eye-opening read for policy makers involved with the IMF.
Author: J. J. Polak
Publisher: International Monetary Fund
Published: 1997-04-01
Total Pages: 21
ISBN-13: 1451846800
DOWNLOAD EBOOKA model reflecting the monetary approach to the balance of payments was developed in the International Monetary Fund (IMF) in the 1950s. Its purpose was to integrate monetary, income, and balance of payments analysis, and it became the basis of the conditionality applied to IMF credits. Extremely simple, with primary focus on the balance of payments effects of credit creation by the banking system, the model has retained its usefulness for policy purposes over time, as it was adapted to changes in member countries’ priorities and in the international monetary system, in particular the disappearance of the par value system.
Author: Sidney Dell
Publisher:
Published: 1981
Total Pages: 48
ISBN-13:
DOWNLOAD EBOOKAuthor: International Monetary Fund
Publisher: International Monetary Fund
Published: 2019-10-04
Total Pages: 122
ISBN-13: 1513511726
DOWNLOAD EBOOKThe audited consolidated financial statements of the International Monetary Fund as of April 30, 2019 and 2018