IMF conditionality and country ownership of programs /
The paper uses finance and agency theory to establish two main propositions: First, that the conditionality attached to adjustment programs supported by the IMF is justified. Second, that ownership of programs by the borrowing country is crucial for their success. Hence, since both IMF conditionalit...
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| Corporate Authors: | , |
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| Format: | Book |
| Language: | English |
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[Washington, D.C.] :
International Monetary Fund, IMF Institute,
©2001
Washington, D.C. : International Monetary Fund, 2001 |
| Series: | IMF Working Papers ;
Working Paper No. 01/142 IMF eLibrary IMF working paper ; WP/01/142 |
| Subjects: |