Compliance with IMF Program Indicators and Growth in Transition Economies /

This paper makes use of the IMF's Database for Monitoring Fund Arrangements (MONA) to investigate whether transition countries that more successfully implement the conditionality of IMF programs tend to show a better performance on recovery and growth. It is not possible to determine a clear-cu...

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Autore principale: Unigovskaya, Anna
Altri autori: Mercer-Blackman, Valerie
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2000.
Serie:IMF Working Papers; Working Paper ; No. 2000/047
Soggetti:
Accesso online:Full text available on IMF
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245 1 0 |a Compliance with IMF Program Indicators and Growth in Transition Economies /  |c Anna Unigovskaya, Valerie Mercer-Blackman. 
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520 3 |a This paper makes use of the IMF's Database for Monitoring Fund Arrangements (MONA) to investigate whether transition countries that more successfully implement the conditionality of IMF programs tend to show a better performance on recovery and growth. It is not possible to determine a clear-cut relationship between the index that determines the level of compliance with structural benchmarks in IMF programs and growth. However, the paper finds a definite, positive relationship between the index of compliance with performance criteria and growth, even after controlling for the extent of stabilization of the transition countries. 
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650 7 |a Fund Program  |2 imf 
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650 7 |a Transition Economy  |2 imf 
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