MERCER-BLACKMAN, VALERIE; UNIGOVSKAYA, ANNA - In: Emerging Markets Finance and Trade 40 (2004) 3, pp. 55-83
This paper makes use of the International Monetary Fund's (IMF) Database for Monitoring Fund Arrangements (MONA) to investigate whether transition countries that more successfully implement the conditionality of IMF programs in the early transition years show a better performance in recovery and...