Outcomes-Based Conditionality : Its Role and Optimal Design /

The paper employs a principal-agent framework to analyze the role and design of outcomesbased conditionality in the presence of market frictions and domestic opposition. The results suggest that outcomes-based conditionality is a good option for the IMF when opposition to reforms is relatively weak...

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Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Ivanova, Anna
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2006.
Sraith:IMF Working Papers; Working Paper ; No. 2006/128
Ábhair:
Rochtain ar líne:Full text available on IMF