01753cas a2200253 a 4500 AALejournalIMF001934 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451849356 1018-5941 BD-DhAAL BD-DhAAL Boughton, James. Is Policy Ownership An Operational Concept? / James Boughton, Alex Mourmouras. Washington, D.C. : International Monetary Fund, 2002. 1 online resource (31 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students IMF lending is generally conditional on specified policies and outcomes. These conditions usually are negotiated compromises between policies initially favored by the Fund and by the country's authorities. In some cases the authorities might be satisfied enough with the outcome to take responsibility for it ("own" it) even though it was not their original preference. In other cases, they might accept the outcome only to obtain financing, in which case weak commitment might lead to poor implementation. This paper reviews the theoretical basis for the importance of ownership, summarizes what is known about its empirical effects, and suggests a strategy for strengthening it. Mode of access: Internet Mourmouras, Alex. IMF Working Papers; Working Paper ; No. 2002/072 Full text available on IMF http://elibrary.imf.org/view/journals/001/2002/072/001.2002.issue-072-en.xml IMF e-Library