01741cas a2200253 a 4500 AALejournalIMF002271 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451845716 1018-5941 BD-DhAAL BD-DhAAL Moon, Soojin. Do IMF-Supported Programs Help Make Fiscal Adjustment More Durable? / Soojin Moon, Ales Bulir. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (45 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 This paper investigates fiscal developments in 112 countries during the 1990s. It finds that, while the overall fiscal balance improved in most of them, the composition of this improvement differed. In nonprogram countries, revenues increased modestly and expenditure declined sharply, while in program countries both revenue and expenditure declined. However, in countries with programs that included structural conditions the adjustment was effected primarily through sharp expenditure compression. We did not find evidence of a statistically significant impact of IMF conditionality. Morever, fiscal improvements are strongly influenced by cyclical factors. Mode of access: Internet Bulir, Ales. IMF Working Papers; Working Paper ; No. 2003/038 Full text available on IMF http://elibrary.imf.org/view/journals/001/2003/038/001.2003.issue-038-en.xml IMF e-Library