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Chapter 1 Introduction: Origin and Objectives of the PRSP and the PRGF and Scope of the Evaluation

Chapter 1 Introduction: Origin and Objectives of the PRSP and the PRGF and Scope of the Evaluation »

Source: Evaluation of the IMF's Role in Poverty Reduction Strategy Papers and the Poverty Reduction and Growth Facility

Series: Independent Evaluation Office Reports

Author(s): David Goldsbrough , Isabelle Mateos y Lago , Martin Kaufman , Daouda Sembene , Tsidi Tsikata , Steve Mugerwa , Alex Segura-Ubiergo , and Jeff Chelsky

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 September 2004

ISBN: 9781589063679

Keywords: expenditure, conditionality, poverty reduction strategy, expenditures, macroeconomic framework

The IMF and the World Bank introduced the Poverty Reduction Strategy Paper (PRSP) approach in 1999 to strengthen their approach to providing assistance to low-income countries, including both new financial a...

Appendix 4: IEO Outreach Seminars and Workshops

Appendix 4: IEO Outreach Seminars and Workshops »

Source: IEO Annual Report 2004

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 March 2005

ISBN: 9781589064362

Keywords: capital account, capital account liberalization, capital account crises, exchange rate, conditionality

The IEO seeks to reach as broad an audience as possible in its outreach efforts. For budgetary reasons, for events in developed countries, the IEO has generally relied upon offers made by various partners to...

CHAPTER 8 Different Strokes? Common and Uncommon Responses to Financial Crises

CHAPTER 8 Different Strokes? Common and Uncommon Responses to Financial Crises »

Source: IMF-Supported Programs : Recent Staff Research

Series: Seminar Volumes

Author(s): Alessandro Rebucci , and Ashoka Mody

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2006

ISBN: 9781589063617

Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality

Introduction The recent proliferation of literature on international financial crises has demonstrated the variegation of causes leading countries to economic disaster. Once thought...

CHAPTER 1 Program Objectives and Program Success

CHAPTER 1 Program Objectives and Program Success »

Source: IMF-Supported Programs : Recent Staff Research

Series: Seminar Volumes

Author(s): Alessandro Rebucci , and Ashoka Mody

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2006

ISBN: 9781589063617

Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality

Introduction Are IMF-supported programs a success or a failure? This is a key question in evaluating the role of the IMF, and a large body of literature has set about an swering it....

CHAPTER 11 International Bailouts, Moral Hazard, and Conditionality

CHAPTER 11 International Bailouts, Moral Hazard, and Conditionality »

Source: IMF-Supported Programs : Recent Staff Research

Series: Seminar Volumes

Author(s): Alessandro Rebucci , and Ashoka Mody

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2006

ISBN: 9781589063617

Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality

Introduction The 1990s have seen international official crisis lending of unprecedented size (Table 1). Advocates justified these bailouts as a form of international financial safety...

Chapter 1 The Independent Evaluation Office: Objectives and Modes of Operation

Chapter 1 The Independent Evaluation Office: Objectives and Modes of Operation »

Source: IEO Annual Report 2004

Series: Independent Evaluation Office Reports

Author(s): International Monetary Fund. Independent Evaluation Office

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 March 2005

ISBN: 9781589064362

Keywords: capital account, capital account liberalization, capital account crises, exchange rate, conditionality

Independent evaluation is widely regarded as an essential requirement in international financial institutions (IFIs), contributing to increased transparency and accountability and s...

CHAPTER 12 Bedfellows, Hostages, or Perfect Strangers? Global Capital Markets and the Catalytic Effect of IMF Crisis Lending

CHAPTER 12 Bedfellows, Hostages, or Perfect Strangers? Global Capital Markets and the Catalytic Effect of IMF Crisis Lending »

Source: IMF-Supported Programs : Recent Staff Research

Series: Seminar Volumes

Author(s): Alessandro Rebucci , and Ashoka Mody

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2006

ISBN: 9781589063617

Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality

Introduction Ever since Walter Bagehot’s times, it has been recognized that emergency liquidity support, to be effective, must in principle be unlimited. Of course, the precept shoul...

CHAPTER 2 IMF Programs and Growth: Is Optimism Defensible?

CHAPTER 2 IMF Programs and Growth: Is Optimism Defensible? »

Source: IMF-Supported Programs : Recent Staff Research

Series: Seminar Volumes

Author(s): Alessandro Rebucci , and Ashoka Mody

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2006

ISBN: 9781589063617

Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality

Introduction IMF-supported programs are often described by those on the left as creating hardships on the population because they are said to be “too tight” (Stiglitz, 2002). Those o...

CHAPTER 3 Do IMF-Supported Programs Boost Private Capital Inflows? The Role of Program Size and Policy Adjustment

CHAPTER 3 Do IMF-Supported Programs Boost Private Capital Inflows? The Role of Program Size and Policy Adjustment »

Source: IMF-Supported Programs : Recent Staff Research

Series: Seminar Volumes

Author(s): Alessandro Rebucci , and Ashoka Mody

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2006

ISBN: 9781589063617

Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality

Introduction What determines the success of IMF-supported programs? A simple approach is to ask whether the financing that a country can raise from private sources meets or exceeds t...

CHAPTER 13 Keeping Capital Flowing: The Role of the IMF

CHAPTER 13 Keeping Capital Flowing: The Role of the IMF »

Source: IMF-Supported Programs : Recent Staff Research

Series: Seminar Volumes

Author(s): Alessandro Rebucci , and Ashoka Mody

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 03 April 2006

ISBN: 9781589063617

Keywords: International Monetary Fund, current account, capital flows, private capital, private capital flows, conditionality

Introduction Recent research on the role of the International Monetary Fund can, broadly speaking, be divided into two strands. Studies focusing on the immediate response of the IMF...