This paper presents a principal-agent model of IMF conditional lending, in the aftermath of a "capital … Architecture. We show that debtor moral hazard is only a concern if the IMF cannot commit to make the post-crisis participation … prevention and resolution efforts on the part of the IMF. PSI may be an enabling condition for efficient crisis resolution, and …

. Now in the third year of an IMF-backed economic program, Jamaica is running the most austere budget in the world, with a … primary surplus of 7.5 percent of GDP. After two debt restructurings, both as preconditions to receiving IMF support, Jamaica …

This paper takes a careful look at a recent International Monetary Fund (IMF) Working Paper that claims to find … all large. The IMF paper shows that multilateral liberalization increases consumption perhaps 0.014 percent. This would be … about 43 cents per person per month in the United States. One significant result of the IMF paper is that potential gains of …

The IMF makes policy recommendations to European countries through its Article IV consultations and resulting papers …. This paper examines IMF policy recommendations to see whether they have contributed to the ongoing crisis in Europe, and … advice given by the IMF to European Union countries in 67 Article IV agreements for the four years 2008-2011 (IMF 2012c). …

The International Monetary Fund (IMF) has played an important role in restructuring the Korean economy over the past … three years. Relying upon survey data collected in 1998 and 1999, this paper explores the role of the IMF in Korea, as … perceived by its citizens. In the eyes of the Korean people, the IMF helped their economy to recover from the crisis. However …

The International Monetary Fund (IMF) has played an important role in restructuring the Korean economy over the past … three years. Relying upon survey data collected in 1998 and 1999, this paper explores the role of the IMF in Korea, as … perceived by its citizens. In the eyes of the Korean people, the IMF helped their economy to recover from the crisis. However …

The International Monetary Fund (IMF) has played an important role in restructuring the Korean economy over the past … three years. Relying upon survey data collected in 1998 and 1999, this paper explores the role of the IMF in Korea, as … perceived by its citizens. In the eyes of the Korean people, the IMF helped their economy to recover from the crisis. However …