Conditionality as an Instrument of Borrower Credibility /

Fund member countries that adopt market-friendly policies often encounter a credibility problem-market-friendly policies are not effective in stimulating private investment as long as there remains a significant risk of policy reversal. The root of this risk lies in the discretionary policy-making a...

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Príomhchruthaitheoir: Dhonte, Pierre
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1997.
Sraith:IMF Policy Discussion Papers; Policy Discussion Paper ; No. 1997/002
Ábhair:
Rochtain ar líne:Full text available on IMF