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The Effectiveness of Macroeconomic Commitment in Weak(er) Institutional Environments

The Effectiveness of Macroeconomic Commitment in Weak(er) Institutional Environments »

Source: The Effectiveness of Macroeconomic Commitment in Weak(er) Institutional Environments

Volume/Issue: 2010/193

Series: IMF Working Papers

Author(s): Marc Quintyn , and Sophia Gollwitzer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2010

ISBN: 9781455205233

Keywords: Macroeconomic Commitment Institutions, Political-Economic Institutions, inflation, central bank, monetary fund, monetary union, The Effectiveness of Macroeconomic Commitment, Fiscal and Monetary Policy in Development, Capitalist Systems: Political Economy, Other Economic Systems: Other

This paper analyzes the institutional conditions affecting the establishment and effectiveness of independent central banks and of budgetary institutions. It draws on the recent theory developed by North, Wallis an...

Annex 5 Modalities of Participatory Processes: How Broad-Based Has Participation Been?

Annex 5 Modalities of Participatory Processes: How Broad-Based Has Participation Been? »

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

Many of the countries concerned had no tradition of participatory policy formulation (e.g., Albania, Cambodia, and Tajikistan). Others did have a partici-patory tradition or experience, but a separate partic...

6 Monitoring and Improving Governance Subsystems

6 Monitoring and Improving Governance Subsystems »

Source: Global Monitoring Report, 2006 : Strengthening Mutual Accountability: Aid, Trade, and Governance

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 May 2006

ISBN: 9780821364772

Keywords: debt, anticorruption, budget management, primary education

Governance being multidimensional, both reform and monitoring to support reform are best tackled through specific subsystems. The framework laid out in the previous chapter distinguished among three broad su...

Chapter 2 Implementation of the PRS Approach in Areas Relevant to the IMF Mandate

Chapter 2 Implementation of the PRS Approach in Areas Relevant to the IMF Mandate »

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

Key Messages The design of the PRSP approach incorporates critical but largely unrecognized internal tensions: the PRS is to be country owned, but BWI policy assessme...

Chapter 6 Is the New Approach Making a Difference?

Chapter 6 Is the New Approach Making a Difference? »

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

Key Messages The most significant improvements in domestic policy processes include a better diagnosis of the nature of poverty and greater inclusion of various group...

Chapter 4 PRGF-Supported Program Design

Chapter 4 PRGF-Supported Program Design »

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

Key Messages In most PRGFs, key strategic priorities and policy choices in both macroeconomic and structural areas in program design are still not guided by the PRSP....

5 Monitoring Developing-Country Governance

5 Monitoring Developing-Country Governance »

Source: Global Monitoring Report, 2006 : Strengthening Mutual Accountability: Aid, Trade, and Governance

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 May 2006

ISBN: 9780821364772

Keywords: debt, anticorruption, budget management, primary education

Governance is central in development, so it is natural that many stakeholders want to monitor it. Also natural is that these stakeholders use governance measures in different ways:...

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...

Overview: Strengthening Mutual Accountability—Aid, Trade, and Governance

Overview: Strengthening Mutual Accountability—Aid, Trade, and Governance »

Source: Global Monitoring Report, 2006 : Strengthening Mutual Accountability: Aid, Trade, and Governance

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 May 2006

ISBN: 9780821364772

Keywords: debt, anticorruption, budget management, primary education

It has been five years since the Millennium Declaration was signed by 189 countries, and one decade remains to achieve the Millennium Development Goals (MDGs). Several events and pu...

3 Delivering on Commitments for Aid, Debt Relief, and Trade

3 Delivering on Commitments for Aid, Debt Relief, and Trade »

Source: Global Monitoring Report, 2006 : Strengthening Mutual Accountability: Aid, Trade, and Governance

Series: Other Official Rpts and Docs

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 May 2006

ISBN: 9780821364772

Keywords: debt, anticorruption, budget management, primary education

The “year of development” sharpened the international community’s focus on aid and trade, providing an unprecedented opportunity to accelerate achievement of the Millennium Development Goals (MDGs). Reaffirm...