Policy Formulation, Analytical Frameworks, and Program Design
November 24, 2004
Summary
The first part of this paper lays out the process of program design and briefly describes some of the analytical tools--including the financial programming framework, the balance sheet approach, and the debt sustainability template--employed by Fund country teams in advising national authorities on policy formulation. The second part of paper seeks to assess how well this process works in practice.
Subject: Financial programs, Fund-supported adjustment programs
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Policy Papers
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