Fiscal Adjustment in IMF-Supported Programs.

Using a cross-country sample of 169 IMF-supported programs and detailed studies of 15 programs, this evaluation report examines various aspects of fiscal adjustment in IMF-supported programs. It presents evidence that does not support some critics' view that IMF-supported programs typically ado...

Ausführliche Beschreibung

Bibliographische Detailangaben
Körperschaft: International Monetary Fund. Independent Evaluation Office
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2003.
Schriftenreihe:Independent Evaluation Office Reports; Independent Evaluation Office Reports
Online Zugang:Full text available on IMF
Beschreibung
Zusammenfassung:Using a cross-country sample of 169 IMF-supported programs and detailed studies of 15 programs, this evaluation report examines various aspects of fiscal adjustment in IMF-supported programs. It presents evidence that does not support some critics' view that IMF-supported programs typically adopt a one-size-fits-all approach to fiscal adjustment, nor the perception that programs always involve austerity by targeting reductions in public spending. The report also proposes a number of recommendations for IMF surveillance and program design in the future.
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Beschreibung:1 online resource (125 pages)
Format:Mode of access: Internet
ISSN:2617-670X
Zugangseinschränkungen:Electronic access restricted to authorized BRAC University faculty, staff and students