IMF Conditionality and Country Ownership of Programs /

The paper uses finance and agency theory to establish two main propositions: First, that the conditionality attached to adjustment programs supported by the IMF is justified. Second, that ownership of programs by the borrowing country is crucial for their success. Hence, since both IMF conditionalit...

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Hlavní autor: Khan, Mohsin
Další autoři: Sharma, Sunil
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2001.
Edice:IMF Working Papers; Working Paper ; No. 2001/142
On-line přístup:Full text available on IMF