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Conditionality: Facts, Theory and Policy: Contribution to the Reconstruction of the International Financial System

Author

Listed:
  • Dragoslav Avramović

Abstract

Three changes in conditionality of loans are proposed in this study, in order to improve the relations between developing country borrowers and international lending agencies, and make the international cooperative effort at development and stability more effective. First, the agencies should encourage member country governments requesting adjustment assistance to submit their own programmes of adjustment. The present practice of the agencies preparing country programmes should be discontinued.

Suggested Citation

  • Dragoslav Avramović, 1988. "Conditionality: Facts, Theory and Policy: Contribution to the Reconstruction of the International Financial System," WIDER Working Paper Series wp-1988-037, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-1988-037
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    File URL: https://www.wider.unu.edu/sites/default/files/WP37.pdf
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    Citations

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    Cited by:

    1. Singh, Ajit, 1991. "The stock market and economic development: Should developing countries encourage stock markets?," MPRA Paper 53881, University Library of Munich, Germany, revised 16 Dec 1991.
    2. Ajit Singh, 1996. "Emerging Markets, Industrialisation and Economic Development," Palgrave Macmillan Books, in: Sunanda Sen (ed.), Financial Fragility, Debt and Economic Reforms, chapter 8, pages 153-173, Palgrave Macmillan.
    3. repec:ilo:ilowps:286955 is not listed on IDEAS
    4. Singh, A. & Tabatabai H., 1992. "World economic crisis and third world agriculture: the changing role of agriculture in economic development," ILO Working Papers 992869553402676, International Labour Organization.
    5. Meijer, A.E.M. & Vingerhoets, J.W.A., 1989. "Structural adjustment and diversification in mineral exporting developing countries," Research Memorandum FEW 395, Tilburg University, School of Economics and Management.
    6. Singh, Ajit, 1994. "Openness and the market friendly approach to development: Learning the right lessons from development experience," World Development, Elsevier, vol. 22(12), pages 1811-1823, December.
    7. Meijer, A.E.M. & Vingerhoets, J.W.A., 1989. "Structural adjustment and diversification in mineral exporting developing countries," Other publications TiSEM 5b859d20-651b-4681-89df-f, Tilburg University, School of Economics and Management.
    8. Dariusz Rosati & Kalman Mizsei, 1989. "Adjustment through Opening of Socialist Economies," WIDER Working Paper Series wp-1989-052, World Institute for Development Economic Research (UNU-WIDER).

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