The Incidence and Effectiveness of Prior Actions in IMF-supported Programs /

Prior actions are measures that need to be implemented prior to Board approval of an IMFsupported program. This paper examines whether such prior actions can signal a willingness to implement reforms, especially when the member's track record is weak. We find some support for this signaling rol...

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Détails bibliographiques
Auteur principal: Ramakrishnan, Uma
Autres auteurs: Thomas, Alun
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2006.
Collection:IMF Working Papers; Working Paper ; No. 2006/213
Accès en ligne:Full text available on IMF