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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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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Ramakrishnan, Uma
Autor Corporativo: International Monetary Fund
Otros Autores: Thomas, Alun H.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, 2006.
Colección:IMF Working Papers ; Working Paper no. 06/213.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Contents
  • I. INTRODUCTION
  • II. THE LITERATURE
  • III. STYLIZED FACTS OF IMF-SUPPORTED PROGRAMS
  • IV. DETERMINANTS OF PRIOR ACTIONS
  • V. PRIOR ACTIONS AND PROGRAM SUCCESS
  • VI. CONCLUSIONS
  • References
  • Appendix