2011 Review of Conditionality - Content and Application of Conditionality
Policy Papers, June 18, 2012
Source details
- Canonical URL
- 2011 Review of Conditionality - Content and Application of Conditionality
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Bibliographic details
- Published: June 18, 2012
- Series: Policy Papers
Scope and focus
- Reviews the design of conditionality in Fund-supported programs from 2002 to end-September 2011, with an emphasis on recent years.
- Focuses on the content and application of program conditionality—especially structural conditionality—in relation to:
- the 2002 Conditionality Guidelines (the "Guidelines"),
- the Staff Statement on Principles Underlying the Guidelines on Conditionality, and
- subsequent revisions to operational guidance on conditionality.
- Analysis also examines the implementation of conditionality.
Analytical framework (five interrelated principles)
- National ownership of programs.
- Parsimony in program-related conditions.
- Tailoring to country circumstances.
- Effective coordination with other multilateral institutions.
- Clarity in the specification of conditions.
Criticality criterion (parsimony)
- Parsimony requires that program-related conditions be:
- critical (or the minimum necessary) to achieve program objectives and goals,
- critical for monitoring program implementation, or
- necessary for implementing specific provisions under the Articles of Agreement (the "criticality criterion").
Publication and metadata
- Publication title: 2011 Review of Conditionality - Content and Application of Conditionality
- Date on page: June 18, 2012
- Format options noted on page: Download PDF
- Subjects listed: Conditionality, Conditionality guidelines, Fund-supported adjustment programs, General Resources Account, Poverty Reduction and Growth Trust, Surveillance, Transparency
Source: 2011 Review of Conditionality - Content and Application of Conditionality (June 18, 2012), International Monetary Fund.