Hidden Bibliographic Details
| Other authors / contributors: | Ivanova, Anna.
International Monetary Fund. Policy Development and Review Department.
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| ISBN: | 1451890710
9781451890716
1281603848
9781281603845
1462323863
9781462323869
1452764433
9781452764436
9786613784537
6613784532
9781451842531
1451842538
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| Notes: | Includes bibliographical references (pages 45-47).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | This paper assesses the implementation of IMF-supported programs using measures of program interruptions, compliance with conditionality, and the share of committed funds disbursed. The econometric model allows an evaluation of the importance for program implementation of political conditions in borrowing countries, IMF effort, conditionality, as well as initial and external conditions. The paper concludes that program implementation depends primarily on borrowing countries' domestic political economy. Strong special interests, political instability, inefficient bureaucracies, lack of political cohesion, and ethno-linguistic divisions weaken program implementation. IMF effort, the extent and structure of conditionality, and initial and external conditions do not materially influence program prospects.
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| Other form: | Print version: What determines the implementation of IMF-supported programs?. [Washington, D.C.] : International Monetary Fund, ©2003
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| Standard no.: | 10.5089/9781451890716.001
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