The Design of IMF-Supported Programs

ByCharalambos Christofides, Atish R. Ghosh, Uma Ramakrishnan, Alun H. Thomas, Laura Papi, Juan Zalduendo, Jun I Kim

September 20, 2005

Summary

This collection of papers examines IMF-supported programs over the period 1995-2000 in both middle-income and low-income countries. In order to seek insights from a comparison across different types of programs, the sections entitled"Objectives and Outcomes," "Policy Formulation and Analytical Frameworks," and "Macroeconomic and Structural Policies" address a number of questions regarding the economic programs for which national authorities seek the IMF’s financial support: the specific goals of IMF-supported programs, and the challenges they face; how programs are formulated; the components of programs; and how program success should be judged.

Subject: Balance of payments, Capital account crisis, Current account balance, Exchange rate arrangements, Fiscal consolidation, Fiscal policy, Foreign exchange, Inflation, Prices

Keywords: Baltics, Capital account crisis, current account balance, Current account balance, Exchange rate arrangements, Fiscal consolidation, IMF country team, IMF staff estimate, IMF support, IMF-supported program, Inflation, OP, policy, program, program objective, transition economy

Pages:
160
Volume:
2005
DOI:
https://doi.org/10.5089/9781589061934.084
Issue:
007
Series:
Occasional Paper No. 2005/007
Stock No:
S241EA
ISBN:
9781589061934
ISSN:
0251-6365

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Occasional Papers