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The Fund, Commercial Banks, and Member Countries

Paul MentrÃ© - International Monetary Fund (IMF) - 1984

Persistent link: https://www.econbiz.de/10005824865

From Crisis to Recovery in Korea; Strategy, Achievements, and Lessons

Kang, Kenneth; Liang, Hong; Ma, Henry; Richards, Anthony J. - International Monetary Fund (IMF) - 2001

This paper reviews and draws lessons from the stabilization and reform program that Korea implemented in response to the 1997-98 crisis. The economy recovered quickly from the deep recession in 1998 and its vulnerability to a balance of payments crisis has been reduced sharply. Significant...

Persistent link: https://www.econbiz.de/10005825786

Vested Interests in a Positive Theory of IFI Conditionality

Mourmouras, Alex; Mayer, Wolfgang - International Monetary Fund (IMF) - 2002

Understanding of the domestic political environment is key to building broad country ownership and the successful implementation of reform programs supported by international financial institutions (IFIs). But recipient countries are not unitary actors: policymakers are influenced by special...

Persistent link: https://www.econbiz.de/10005825788

Efficiency and Legitimacy; Trade-Offs in IMF Governance

Cottarelli, Carlo - International Monetary Fund (IMF) - 2005

Designing appropriate governance structures for an international financial institution such as the IMF is difficult …

Persistent link: https://www.econbiz.de/10005825916

Statistical Legislation; Toward a More General Framework

Khawaja, Sarmad; Morrison, Thomas K. - International Monetary Fund (IMF) - 2002

The paper outlines a general framework for statistical legislation. The implications of statistical legislation for the whole statistical system, as well as for centralized versus decentralized statistical systems, are addressed. The general framework is spelled out by identifying "essential"...

Persistent link: https://www.econbiz.de/10005826011

International Financial Contagion and the Fund; A Theoretical Framework

Clark, Peter B.; Huang, Haizhou - International Monetary Fund (IMF) - 2001

a lower IMF rate. Highly indebted countries hit by large negative shocks to output will default. The resulting reduction … further rounds of defaults. In this environment the IMF can limit default and internalize the externality generated by … contagion through its lending with conditionality. We characterize the IMF's optimal lending decision in mitigating the loss in …

Persistent link: https://www.econbiz.de/10005826144

Is Policy Ownership An Operational Concept?

Boughton, James M.; Mourmouras, Alex - International Monetary Fund (IMF) - 2002

IMF lending is generally conditional on specified policies and outcomes. These conditions usually are negotiated …

Persistent link: https://www.econbiz.de/10005826172

Mali; Fourth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria: Staff Report; and Press Release...

International Monetary Fund (IMF); International … - 2006

Maliâ€™s economy is showing renewed momentum resulting from a strong 2005â€“06 cereal harvest and strengthening terms of trade. The fiscal program remained well on track through end-2005. Discussion of the macroeconomic outlook focused on production-side growth prospects, such as...

Persistent link: https://www.econbiz.de/10011242861

Former Yugoslav Republic of Macedonia; Report on Observance of Standards and Codes: Fiscal Transparency Module

International Monetary Fund (IMF); International … - 2006

relation to the requirements of the IMF Code of Good Practices on Fiscal Transparency based on discussions with the authorities …

Persistent link: https://www.econbiz.de/10011244381

United States; 2006 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

International Monetary Fund (IMF); International … - 2006

The U.S. economy continued to grow strongly over the year even in the face of a withdrawal of monetary stimulus and high oil prices. Executive Directors commended the Federal Reserve for its monetary tightening. They recognized that the financial sector has proven innovative and resilient. They...

Persistent link: https://www.econbiz.de/10011244857