The implementation of IMF programs: A conceptual framework
AbstractIMF supported programs have conventionally been assessed by examining their effects on intermediate variables and final outcomes. More recently greater attention has been paid to implementation on the assumption that in order to work programs need to be implemented. Empirical studies have begun to include political economy variables in an attempt to explain implementation. They have used the concept of âownershipâ to provide a theoretical foundation. This paper provides an alternative conceptual framework based on the marginal benefits and costs of implementation. It goes on to discuss policies that might be expected to improve implementation based on this framework.
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Bibliographic InfoArticle provided by Springer in its journal The Review of International Organizations.
Volume (Year): 3 (2008)
Issue (Month): 1 (March)
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Other versions of this item:
- Graham Bird, 2006. "The Implementation of IMF Programs: A Conceptual Framework," School of Economics Discussion Papers 1506, School of Economics, University of Surrey.
- F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
- F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
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