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| Author: | Bird, G. |
| Title: | The Completion Rate of IMF Programmes: What We Know, Don't Know and Need to Know |
| Journal: | World Economy
2002 : JUN, VOL. 25:6, p. 833-848 |
| Index terms: | IMF INFORMATION ECONOMICS ANALYTICAL REVIEW |
| Language: | eng |
| Abstract: | The International Financial Institution Advisory Commission (IFIAC) has VLU advocated that IMF conditionality should be abandoned because it is ineffective. The paper briefly reviews the evidence on the effectiveness of IMF conditionally but focuses on the completion record of IMF programmes and raises the question of the extent to which non-completion should be a cause for concern. The paper also goes on to provide a simple framework within which completion may be analysed. Then it discusses the policy implications of the analysis, while last section concludes by reviewing what we know, don't know and need to know about the completion rate of IMF programmes. |
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