2011 Review of Conditionality - Outcomes of Fund-Supported Programs
Policy Papers, June 18, 2012
Source details
- Canonical URL
- 2011 Review of Conditionality - Outcomes of Fund-Supported Programs
Other formats
Bibliographic details
- Published: June 18, 2012
- Series: Policy Papers
Scope and Purpose
- Examines the effects of Fund-supported programs initiated during 2002-11, with special emphasis on programs started after the onset of the recent global economic crisis.
- Investigates effects on key macroeconomic variables and, where data permit, on social variables:
- social government spending
- unemployment
- social outcome indicators
- Analyzes the contribution of fiscal and external accommodation in helping program countries get through the recent global crisis.
- Notes that the Crisis Program Review provides detailed analysis of recent GRA-supported programs.
Data Coverage and Limitations
- Programs covered: those initiated during 2002-11.
- Exclusions and caveats:
- Assessment is necessarily incomplete because the global financial crisis is ongoing.
- The most recent crisis programs such as the March 2012 program for Greece are not included.
Analytical Focus
- Macroeconomic outcomes assessed:
- key macroeconomic variables (unspecified in the landing page text)
- Social outcomes assessed where data allow:
- social government spending
- unemployment
- social outcome indicators
- Policy design elements analyzed:
- fiscal accommodation
- external accommodation
Publication and Metadata
- Publication date: June 18, 2012
- Subjects listed: Conditionality, Conditionality guidelines, Current account balances, Fiscal consolidation, Fiscal reforms, Fund-supported adjustment programs, General Resources Account, Poverty Reduction and Growth Trust
Source: 2011 Review of Conditionality - Outcomes of Fund-Supported Programs (web landing page).
Content in this bundle
- 1. Back-to-Back GRA-Supported Programs