Search Results - subject:"IMF programmes"

Conditionality and design of IMF-supported programmes

Committeri, Marco; L´Hotellerie-Fallois, Pilar; … - 2019

characteristics of IMF programmes evolved with the macroeconomic context; in particular, a tendency towards more structural … area in which the effectiveness of IMF programmes has proven less than satisfactory is with serial borrowers, i … the factors behind the success of IMF programmes and points, inter alia, to the need to design and sequence the structural …

Persistent link: https://www.econbiz.de/10012141432

Conditionality and design of IMF-supported programmes

IRC Task Force on IMF and Global Financial Governance Issues - 2019

Persistent link: https://www.econbiz.de/10012119472

Institutional quality, macroeconomic stabilization and economic growth: a case study of IMF programme countries

Javed, Omer - Volkswirtschaftliche Fakultät, … - 2014

The current study is motivated by the overall lackluster performance of IMF programmes in recipient countries in terms … a time period of 1980-2010 (coinciding with a duration of increasing number of IMF programmes), the results mainly …

Persistent link: https://www.econbiz.de/10011114445

Assessing the impact of different nominal anchors on the credibility of stabilisation programmes

Sánchez-Fung, José R.; Prazmowski, Peter A. - School of Economics, Kingston University - 2012

The paper compares the impact of announcing exchange-rate-based versus money-based stabilisation programmes in a cross-section of countries. The analysis finds that the effect of announcing exchange-rate-based programmes is more credible, in terms of reducing inflation inertia, than the outcome...

Persistent link: https://www.econbiz.de/10009415565

IMF concern for reputation and conditional lending failure: theory and empirics

Marchesi, Silvia; Sabani, Laura - London School of Economics (LSE) - 2005

One possible explanation for the unsatisfactory implementation of IMF conditionality has been attributed to the lack of credibility of the IMF threat of interrupting financial assistance in case of non compliance with the negotiated conditions. In this paper we suggest that such lack of...

Persistent link: https://www.econbiz.de/10010745315

IMF Concern for Reputation and Conditional Lending Failure: Theory and Empirics

Marchesi, Silvia; Sabani, Laura - Dipartimento di Economia, Management e Metodi … - 2005

In this paper we suggest that the dual role played by the IMF, as a creditor and as a monitor of economic reforms, might explain the lack of credibility of the Fund threat of sanctioning non-compliance with conditionality. Specifically, we show that the IMF desire to preserve its reputation as a...

Persistent link: https://www.econbiz.de/10005018074