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Outcomes-based conditionality : its role and optimal design /

The paper employs a principal-agent framework to analyze the role and design of outcomesbased conditionality in the presence of market frictions and domestic opposition. The results suggest that outcomes-based conditionality is a good option for the IMF when opposition to reforms is relatively weak...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Ivanova, Anna, 1968- (Autor)
Otros Autores: Marion, Nancy Peregrim
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Research Dept., ©2006.
Colección:IMF working paper ; WP/06/128.
Temas:
Acceso en línea:Texto completo

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