IMF Conditionality : Experience Under Stand-by and Extended Arrangements, Part I: Key Issues and Findings

Author/Editor:

Louis Dicks-Mireaux ; Miguel A Savastano ; Adam Bennett ; María Vicenta Carkovic S. ; Mauro Mecagni ; James A John ; Susan M Schadler

Publication Date:

September 26, 1995

Summary:

This paper is Part I of a two-volume study conducted as a part of the IMF's ongoing process of evaluating its lending facilities. It focuses on IMF-supported programs and macroeconomic performance during 1988-92, reflecting information available through the end of 1993. Part I provides an overview of the experiences during the arrangements reviewed: it describes the initial conditions faced in these countries, the adjustment strategies adopted, the degree to which programs were implemented, and the extent of sustained adjustment experienced.

Series:

Occasional Paper No. 128

English

Publication Date:

September 26, 1995

ISBN/ISSN:

9781557754929/0251-6365

Stock No:

S128EA0000000

Format:

Paper

Pages:

64

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