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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| Format: | Czasopismo |
| Język: | English |
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Washington, D.C. :
International Monetary Fund,
2001.
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| Seria: | IMF Working Papers; Working Paper ;
No. 2001/142 |
| Dostęp online: | Full text available on IMF |