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...
1. autor: | |
---|---|
Format: | Czasopismo |
Język: | English |
Wydane: |
Washington, D.C. :
International Monetary Fund,
1997.
|
Seria: | IMF Policy Discussion Papers; Policy Discussion Paper ;
No. 1997/002 |
Hasła przedmiotowe: | |
Dostęp online: | Full text available on IMF |