IDEAS home Printed from https://ideas.repec.org/p/oec/devaaa/41-en.html
   My bibliography  Save this paper

The Changing Nature of IMF Conditionality

Author

Listed:
  • Jacques J. Polak

Abstract

In the terminology of the International Monetary Fund, "conditionality" refers to the policies the Fund expects a member to follow in order to be able to avail itself of credit from the Fund (Gold, 1979). Over the years, major changes in the landscape surrounding the Fund and in the situation of its members have brought about important changes in the content of conditionality. These changes have been most pronounced in the 1980s, and they have led to a gradual, but cumulatively fundamental, change in the Fund's relations with its borrowing members over the past decade — with further changes likely in the 1990s.1.1 The impact of changing economic conditionsOne major change affecting the Fund's conditionality has been the narrowing down of the Fund's clientele to its developing members. The Fund had been conceived as an institution to which any of its members could be expected to turn for temporary financing when faced with balance-of-payments difficulties. The main ...

Suggested Citation

  • Jacques J. Polak, 1991. "The Changing Nature of IMF Conditionality," OECD Development Centre Working Papers 41, OECD Publishing.
    • Handle: RePEc:oec:devaaa:41-en
    DOI: 10.1787/187765075405
    as

    Download full text from publisher

    File URL: https://doi.org/10.1787/187765075405
    Download Restriction: no
    File URL: https://libkey.io/10.1787/187765075405?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oec:devaaa:41-en. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/dcoecfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.